Margin of safety = if your investment thesis is completely wrong you will still make money
— MicroCapClub (@iancassel) August 6, 2015
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Linkfest:August 06,2015
Some stuff I am reading today morning:
Midcap stocks heading for a crash? (ET)
Why oil prices are falling again (Quartz)
The learnings of JustDial’s Mani (Mint)
HDFC Research:Bharti Airtel’s outlook remains grim (MyIris)
Deciding on asset allocation for a financial goal (FreeFinCal)
4 Ways to beat Investment Stress (VRO)
Top 10 Market Indicators of Economic Development (Bill Bonner)
How to save more (Mulloly)
Guess how to blow $1.5 Billion (Forbes)
For Commodities,it is 2008 all over again (Zero Hedge)
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An Analysis of 100 Baggers
[gview file=”https://alphaideas.in/wp-content/uploads/2015/08/100-baggers.pdf”]
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Raamdeo Agarwal:The Art of Creating Wealth
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God opens a demat account
Balaji, the world’s richest god at Tirupati, has now opened a demat account to enable devotees to donate shares and securities, after finding it a tedious task to get physical share certificates dropped in Hundi transferred on his name.
Considered the first globally for a shrine management, Tirumala Tirupati Devasthanams (TTD) has opened demat account (1601010000384828) with the Stock Holding Corporation of India.
PS Reddy, MD and CEO of Central Depositories Service (CDSL), told ET that the innovative move by TTD was primarily aimed at addressing the hassles pertaining to transferring the physical share certificates. “TTD has been receiving physical share certificates as donations by devotees in its open Hundi, which indicates that devotees are interested in donating shares. –from ET