Some stuff I am reading today morning:
Why would anyone trade forex? (FT)
BSE to challenge rivals on trading speed (ET)
Its slow going for real estate funds (Mint)
India’s Govt is for and by its biggest businessmen (BS)
Chronology:SEBI Vs Sahara (Firstpost)
Thoughts on Technical Analysis (Prashant)
Writing a Will (GoodMoneying)
Deutsche Bank’s Jain walks down memory lane (Moneybeat)
Thinking about Black Swans (CapitalSpectator)
What it’s like to work at Bill Gross’s Pimco (Quartz)
Some people are calling it the best alcohol ad ever-celebrating the moment.
Some stuff I am reading today morning:
SEBI makes monitoring agency compulsory for IPO funds (Mint)
Another fake demat scam under SEBI lens (BS)
New Govt faces a stiff PSU Bank test (ET)
Innovative gold smugglers (CapitalMind)
The best way to learn as an investor (MotleyFool)
It’s time for Bill Gross to retire (Reuters)
Prince Alwaleed’s son did not fall far from the tree (Dealbreaker)
People who cannot accurately forecast markets (TRB)
Why is it so difficult to make long term predictions? (Climateer)
Investing and the Triumph of Optimism (HowardLindzon)
Warren Buffett penned a recent piece where he talked about his real estate investments.
One was an investment in farmland in 1986 where the normalized return from the farmland he calculated to be 10%
The other was an investment in New York Realty where the unleveraged rental yield was around 10%
Both these investments worked out very well for him
Whats interesting to me was that both the investments gave him double digit yields when he invested.
Realty investors know how difficult this is to achieve.
In Mumbai,residential yields are now around 2% and commercial yields are around 6%.
The only other person I know who is getting double digit yields on the current value of her property is my Mother-In-Law.
Maybe,I should blog less and listen to her more !