Linkfest:September 18,2014
Some stuff I am reading today morning:
Competition is for losers (Peter Thiel)
L&T threatens to pull out of Hyderabad Metro rail project (Mint)
US Fed renews zero interest rate pledge (ET)
When not to quit your trading strategy (Prashant)
How IPOs have performed in the last one year (MyInvestmentIdeas)
7 Ways to avoid picking a bad financial advisor (ThinkAdvisor)
You can’t feed a family with GDP (NYTImes)
Russian Billionaire’s arrest is sending shock waves across Russia (BI)
Berkshire Hathaway:Wholesaler of Death? (Jeff Matthews)
One simple trick to living a happy, stress free life (Daily Reckoning)
The wrath of Warren Buffett (Fortune)
Super Shoes
The inventor Dhairya Dand used to be my neighbor !
Portfolio of Sequoia Capital
This post is in continuation of my coat tailing series (see here)
To know what other top investors are buying/holding/selling in India, subscribe to our Investor Wisdom Newsletter
Sequoia Capital is a well known PE fund.It also invests using its investment arm Ironwood Investment Holdings.
Its significant holdings in India as on 30 June,2014 as per Stock Exchanges is given below:
| Symbol | Entity | # of Shares | % | Date End |
| DHFL | IRONWOOD INVESTMENT HOLDINGS | 5196581 | 4.04 | 201406 |
| HINDNATGLS | Ironwood Investment Holdings | 6348025 | 7.27 | 201406 |
| JUSTDIAL | Sequoia Capital India Investments III | 3400850 | 4.85 | 201406 |
| JUSTDIAL | Sequoia Capital India Growth Investments Holdings I | 3116881 | 4.44 | 201406 |
| LOVABLE | Ironwood Investment Holdings | 758309 | 4.51 | 201406 |
| PIIND | Ironwood Investment Holdings | 5539190 | 4.07 | 201406 |
| TDPOWERSYS | Ironwood Investment Holdings | 1338794 | 4.03 | 201406 |
A big mistake
A big mistake is selling your winners to buy more of your losers. Do the opposite. The biggest gains come from averaging up.
— MicroCapClub (@iancassel) September 17, 2014