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BookReview

Book Review: A Safari in the Equity World

The Book ‘ A Safari in the Equity World’ is written by Ritesh Dhoot, who is an Investment Professional based in the UAE.

This book was gifted to me by the author and hence I feel a bit obligated to write about it.

One of my biggest grouses is that most of our investment literature is US based and hence does not capture the full flavors of the jungle that is the Indian Equity markets.

This Book takes the analogy further and compares various facets of animal/bird behavior and applies it to the markets.

So you have chapters like Frozen Flamingo (on cyclicals), Kori Bustard (On Special Situations), City Monkeys (On Diversification) etc

The Book has lots of case studies and examples from the Indian markets which make it interesting.

One grouse I have of the Book is that the examples seem to have hindsight bias…it would have been nice if they were current ones.

The Book is written in a very light manner and is an easy read.

I would recommend this book to those starting out in the Indian Equity markets.

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TopClicks

Top Clicks on Alpha Ideas This Week

Here are the most clicked items on Alpha Ideas this week:

Bharat Shah’s Investment Philosophy (AI)

FM Explained (AI)

CUB Vs HDFC Bank (AI)

What I learnt from Samir Arora (AI)

What I learnt in 9 years of full time investing (Jatin Khemani)

Shipping: Turn of the Tide (AI)

Asia’s richest companies (AI)

Stock Talk: PSP Projects (Value Hunter)

2 Investing lessons I have yet to learn well (Mohnish Pabrai)

Presentation: Mega Trends & Leadership (Utpal Sheth)

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Links

Weekend Mega Linkfest: 29 November, 2019

Some off beat reads for the weekend:

The untold tale of armed Sukhois on 26/11 (Shiv Aroor)

On Anti-Semitism and Hate (Sacha Baron Cohen)

Can BJP do a Yediyurappa in Maharashtra? (Reuben Banerjee)

Pakistan Student Leader: Arooj Aurangzeb (Naila Inayat)

Fathima Latheef: Death on the Campus (Open)

The serial pet killer of Hong Kong (SCMP)

What it means to be French and Chinese (Guardian)

How America’s elites lost their grip (Anand Giridharadas)

Adam Sandler’s Ever Lasting Shtick (NY Times)

Drive: Meghalaya (Team BHP)

Tribute: Korea War Hero Lt. Col. Rangaraj (Op India)

Profile: Natural Icecreams’ Founder Raghunandan Kamath (Mint)

The Gara Saris of Parsis (LHI)

The Great Indian Education Con (Manu Joseph)

Why 536 was the worst year to be alive (Science Mag)

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Observations

Power tells the truth

The fall in the energy demand underscores the distress in the economy.

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Humor

FM Explained