Source : Investor Presentation of Schneider Electric Infrastructure Ltd
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Timex : Times are Changing
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Linkfest: 24 May, 2023
Some stuff I am reading today morning:
India is G20’s fastest growing economy (BS)
GQG raises stake in Adani (MC)
Interview with T Koshy, CEO ONDC (Forbes)
Company Talk: Chola MS (BI)
How much wealth gets you in top 1% (Morningstar)
JP Morgan bets big on carbon removal (Oil Price)
Investment Junk Food (Behavioural Investment)
Most gray haired investors turn into perma bears (Ben Carlson)
Time to take off the Bear Suit (Daily Reckoning)
Simon Cowell on his money mistakes (CNBC)
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Linkfest: 23 May, 2023
Some stuff I am reading today morning:
The Blackmail of Bill Gates (Independent)
Phone Pe on track for a $ 1 Billion fund raise (BS)
Elon Musk predicts the future of AI (The Street)
How long will Rolta stymie the insolvency process? (BI)
Stock Talk: MTAR Technologies (Intelsense)
Startup: Poshn (Forbes)
Concentrating on the best (Verdad Cap)
How Japan got its swagger back (FT)
Neglecting EMs is a huge mistake (The Market)
Compounding Head Starts (Seth Godin)
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Do you have Conviction?
I feel uncertain, more uncertain about the future now than I did 20 years ago.
The way it plays out is I have more stocks in my portfolio now than I had 20 years ago.
I know for some people this becomes the issue of don’t you have enough conviction?
And I hate that word in investing, because it puts us on a spot.
So, do you have enough conviction?
Can’t you put all your money in this if you feel that strongly?
No, I never feel that strongly. I don’t have that much conviction. Maybe you do.
And there are investors out there, I think, who overestimate their capacity to value companies and overestimate the capacity of markets to correct and then underinvest.
They might still make money for a while, but at some point in time, their portfolios will blow up
said Aswath Damodaran