Categories
Links

Linkfest:March 21,2014

Some stuff I am reading today morning:

Howard Marks on Luck and Risks (Wharton) (Hat Tip Dr.Jaswant Gandhi)

Reliance’s gas fields has produced more squabbles than gas (Economist)

For Indian markets it’s Janet Yellen Vs Narendra Modi (Mint)

SUUTI to sell 9% in Axis Bank (ET)

How India Inc uses mergers for fraud (BS)

You can’t avoid asset allocation even if you try (CapitalSpectator)

Best senior citizen health plans in India (BasuNivesh)

The Varanasi Wake Up Call (MediaCrooks)

Your very own black swan strategy (CommonSense)

Chinese businessman buys a puppy for 2 Million $ (Gawker)

Categories
Market Making

ICICI Pru Life Shares on Offer

ICICI Pru is one of the largest life insurers in India.

Around 99.8% shares are held by promoters and around 0.2% have been   given to employees as stock options

There is an offer of sale of the shares of ICICI Pru.

This is recommended only for patient investors as there is no visibility on the company going public.

If interested,please email me at Alpha Ideas.

Categories
Ads

Ad:The real milkshake

Categories
Links

Linkfest:March 20,2014

Some stuff I am reading today morning:

SEBI: FT unfit to be shareholder in any exchange (Mint)

Indians are smuggling gold in flower pots (Bloomberg)

Poll panel raises red flag on bank license timing (BS)

Ronnie Screwvala buys 43% in Maroosh (ET)

Should you invest in CPSE ETF? (BL)

Luck Vs Skill-What Bill Gross and Bill Miller have in common (Fortune)

Short Seller’s new favorite platform:Twitter (BuzzFeed)

Four Questions for Options Trader Greg Harmon (TRB)

10 unusual things about Google (JamesAltucher)

Why New York AG wants curbs on high frequency traders (MarketWatch)

Categories
Observations

My bets for the banking license

One timepass activity amongst finance professionals is to guess which companies will be selected for the banking license.

There are around 25 applicants for the license (see entire list here)

My bet is on the following companies:

  • IDFC (Its the cleanest one)
  • JM Financial (Mukeshbhai Zindabad)
  • India Infoline (Smart money going here)
  • LIC Housing Finance Ltd (Hum sarkari hain)

Who do you think will get the banking license?