Source: Master’s in Accounting Degrees
Source: Master’s in Accounting Degrees
Categories
Linkfest:December 29,2014
Some stuff I am reading today morning:
India refiners boom amid oil bust (Bloomberg)
Where is the growth in the general insurance space? (Mint)
Govt to unleash series of reforms (ET)
Ajay Singh:Is Spicejet’s savior a defaulter? (BS)
Tell me more about your economic theories (TRB)
Exception to the rule (Prashant)
Excel Stock Analyzer:Buffett approach to valuation (FreeFinCal)
A dozen things I have learned from Comedians (25IQ)
Be the loan ranger (FE)
Most coastal cities will face routine flooding (WP)
Alpha Ideas has crossed Five Million Page Views.
I am grateful to you, dear readers, for patronizing the blog.Do keep the tweets,comments and suggestions coming in.
Readers will notice that I have changed the look and feel of the blog.I have made it very simple so that it is more mobile friendly.
Lots of readers read the blog via smartphones,tablets etc and this changeover will make the blog more accessible.
Categories
Book Review:Gurus of Chaos
This post is in continuation of my book review series (see here)
“Gurus of Chaos” is written by Saurabh Mukherjea,who is currently the CEO of the Institutional Equities Business at Ambit.
Saurabh is well known for his research reports which are quite professional and insightful.
However this book is a disappointment.
The book does contain interesting tidbits such as:
- Did you know that over 80% of Indian Equities have failed to give rates better than inflation?
- The 20 year compounded annual rate of return for the Sensex between March 1992 and March 2012 is 7.5 %
But the book fails in its main purpose i.e to explain how a very small number of investors aka “Gurus” are able to deliver market beating returns over long periods of time.
Would recommend a better value proposition:skip this book and have a beer and a biryani instead.