Somehow can’t wait for the weekend to begin.Perhaps reading this poem triggered it.
“A Drinking Song” by Yeats:
WINE comes in at the mouth
And love comes in at the eye;
That’s all we shall know for truth
Before we grow old and die.
I lift the glass to my mouth,
I look at you, and I sigh.
Some stuff I am reading today morning:
Capt. Gopinath’s new flight plan (BS)
The iron ore conundrum (Mint)
NSE rejigs charges (MoneyControl)
Ray Dalio on Europe (BusinessInsider)
Volatility,correlation and dispersion trades (ClimateerInvesting)
Marketing is dead (HBR)
Valuation Class online (AswathDamodaran)
A great chart which explains why you can have a bull market without retail investor interest.Amazed to know that S&P 500 equity is shrinking by 3% every year due to buybacks.
“All 500 S&P companies have the same chairman and his name is Ben Bernanke,” says Jurrien Timmer of the Fidelity Global Strategies Fund.
Some stuff I am reading today morning:
VA Tech Wabag a beneficiary of a mega trend (Bloomberg)
Interesting observation on open offers (NeerajMarathe)
Stock talk on Cera Sanityware (SafalNiveshak)
Michael Lewis profile of Barack Obama (VanityFair)
End of alpha spells trouble for fund managers (FT)
John Paulson is the most resourceful fund manager (DealBreaker)
Sensible investors doing boring stuff (Abnormalreturns)