Categories
Excerpts

Uday Kotak is a better compounding machine than Warren Buffett

(Hat Tip: Jagadeeswaran)

“I have never been more excited in my life as I am today on this first day of January 2015 to see the period over the next 10 years. As India really develops into a significant global player, we at Kotak can build our institution to not only become a dominant player in India but that of global quality and size. With this, I wish each of you a happy new year as we build a strong, sustainable and a truly path breaking Kotak for the future.

I am truly proud of the entire team Kotak, having produced a compounded annual rate to its shareholders of 48% p.a. over a 29 year period. And I would once again urge team Kotak which is currently 30,000 people, and hopefully will go to more than 40,000 people post the proposed merger; to think about how we can continue at the scorching pace we have done over the last 29 years continuously. It is a tall order and something I would request each of us to rise to the occasion and ensure that we produce a phenomenal marathon growth rate for the next 10 years ahead of us. I wish each of you and your family a wonderful 2015!”

Message from Uday Kotak to his employees

Categories
CoatTailing

Portfolio of Nalanda Capital

This post is in continuation of my coat tailing series (see here)

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Nalanda Capital run by Pulak Prasad is a well known FII which invests in midcap and small cap stocks in the Indian Market.

Their significant portfolio holdings as on 30 September,2014 as per stock exchanges is as given below:

Symbol Entity Date End # of Shares % Value (In Crores)
AHLUCONT NALANDA INDIA FUND LIMITED 201409 3545485 5.65 52.51
AHLUCONT NALANDA INDIA EQUITY FUND LIMITED 201409 3870102 6.17 57.32
AIAENG Nalanda India Eq. Fund Ltd. 201409 7918845 8.4 709.13
BERGEPAINT Nalanda India Fund Ltd. 201409 18124788 5.23 654.49
CARBORUNIV NALANDA INDIA FUND LIMITED 201409 16793362 8.94 323.52
CARBORUNIV NALANDA INDIA EQUITY FUND LIMITED 201409 4478619 2.38 86.28
CERA NALANDA INDIA EQUITY FUND LIMITED 201409 371558 2.94 62.26
DBCORP NALANDA INDIA EQUITY FUND LIMITED 201409 14582902 7.94 523.23
EXIDEIND Nalanda India Equity Fund Ltd 201409 30267261 3.56 471.26
EXIDEIND Nalanda India Fund Ltd 201409 15807349 1.86 246.12
HAVELLS NALANDA INDIA EQUITY FUND LIMITED 201409 33044930 5.29 887.92
NAUKRI Nalanda India Equity Fund Limited 201409 3853000 3.21 322.61
KKCL Nalanda India Fund Limited 201409 1200000 9.74 208.73
KIRLOSENG Nalanda India Fund Limited 201409 10896124 7.53 271.37
KIRLOSENG Nalanda India Equity Fund Limited 201409 3013690 2.08 75.06
LOVABLE NALANDA INDIA EQUITY FUND LIMITED 201409 1492057 8.88 54.31
MINDTREE NALANDA INDIA FUND LIMITED 201409 7898178 9.44 826.03
MINDTREE NALANDA INDIA EQUITY FUND LIMITED 201409 1429760 1.71 149.53
NRBBEARING NALANDA INDIA EQUITY FUND LTD 201409 9682667 9.99 122.24
PAGEIND NALANDA INDIA FUND LIMITED 201409 1110735 9.96 963.58
RATNAMANI Nalanda India Fund Ltd. 201406 3906664 8.37 183.16
RATNAMANI Nalanda India Equity Fund Ltd. 201406 1461644 3.13 68.53
SUPREMEIND NALANDA INDIA FUND LIMITED 201406 8176502 6.44 489.65
GESHIP NALANDA INDIA EQUITY FUND LIMITED 201409 10524139 6.98 416.81
TRIVENI NALANDA INDIA FUND LIMITED 201409 25788000 10 57.89
TRITURBINE NALANDA INDIA FUND LIMITED 201409 25788000 7.82 234.8
TTKPRESTIG Nalanda India Equity Fund Ltd 201409 203750 1.75 79.44
VAIBHAVGBL Nalanda India Fund Limited 201406 4110600 12.74 328.33
VGUARD Nalanda India Equity Fund Limited 201409 1304485 4.37 116.65
VGUARD Nalanda India Fund Limited 201409 789964 2.65 70.64
VOLTAMP NALANDA INDIA FUND LIMITED 201409 1005340 9.94 66.87
VOLTAMP NALANDA INDIA EQUITY FUND LIMITED 201409 647732 6.4 43.08
Categories
Video

India’s growth outlook strong for next 5 years

Categories
Links

Linkfest:Jan 12,2015

Some stuff I am reading today morning:

A TCS staffer records her termination interview (SoundCloud)

Can Gujarat GIFT India a global finance center? (Mint)

Eicher Motors:Bullet Raja (Outlook Business)

IDFC Sec: Sharada Cropchem is a buy (Dead President)

Wealth Creation:Important tricks that people miss (Subramoney)

The biggest investment mistakes (BeyondProxy)

Advice on how to become a Research Analyst (CFAInstitute)

Facts and fantasies about commodities (Reuters)

Beating the stock market has become even harder (MarketWatch)

John Paulson hit by 2014 losses (Bloomberg)

Categories
Poems

The Better Man

Close

I was the better at getting and keeping,
   You were the better at spend and spend;
I was the better at grubbing and heaping,
   But who was the better man in the end?
Yes, who was the better man, my friend?
      Who was the better man?

You were the better with lords and ladies,
   I was the better at pillaging Troy;
You were the better at kissing the babies,
   I was the better at search and destroy.
But who was the better man, old boy?
   Who was the better man?
I was the better at improvisation,
   You were the better at spinning the plate;
I was the better at procrastination,
   You were the better at quiet debate.
But who was the better man, old mate?
   Who was the better man?

You were the better at rolling a reefer,
   I was the better with coke and rum;
Remember that night on the beach at Ibiza?
   The Maori twins with the tattooed bum?
So who was the better man, old chum?
   Who was the better man?

                            ***
Envoi
Now we come down to it, relatives grieving
   Out in the hall with their crocodile tears;
Now that you’re out of it, now that you’re leaving,
   Now that they’ve sealed your arse and your ears,
What I’ve been meaning to tell you for years,
   And years, and years, and years, old friend...
Is that you were the better man, in the end;
   You were the better man,
      My friend

-By Felix Dennis