Some stuff I am reading today morning:
Oil Prices crash (Oil Price)
Neighbours, Russia can convert 16.8% of India’s trade into Rupees (BS)
Industrial Production grows 19.6% in May (Rediff)
Gold shines amid rout in Equities (Morningstar)
Damn the Senior Citizen (Bala)
Buy when Fed blinks but not before (The Market)
The Scapegoat mechanism (Ramp)
Semi-Annual Letter to Investors (Terry Smith)
Chaos is a Ladder (TRB)
So you want to be the next Warren Buffett? (Mark Sellers)
Some stuff I am reading today morning:
Historic move: International Trade Settlement in INR (RBI)
Mallya’s $40 Million transfer resulted in a $25 fine (BS)
Eureka Forbes appoints Pratik Pota as MD, CEO (BT)
The Platform Delusion (2Point2Capital)
How Whitehat Jr lost its magic (Forbes)
Benefits of filing ITR before deadline (FE)
9 Lessons from Narayana Murthy as an entrepreneur (ET)
The good thing about hard things (Not Boring)
The Black Swan is still flying (Charles Biderman)
On bullshit in investing (Noah Opinion)
Some stuff I am reading today morning:
France, Germany prepare for total cutoff of Russian Gas (ZH)
Equity MFs get 15,498 Cr in June in SIP flows (Rediff)
M&M has come back into the fight (Forbes)
Ambani Vs Adani at 5G Auction (BT)
Thread: Time Technoplast (Mishika Chamria)
Startup Funding in India declined 40% in Apr-June 2022 (BS)
Coatue Presentation to Investors (EFR)
What we learned in Q2 CY22 (Octahedron Capital)
An unstable encounter with a $50 Billion stable coin (Matt Taibi)
Elon Musk terminates Twitter deal (CNBC)
Some stuff I am reading today morning:
CBI arrests executives in Tata Projects-Power Grid case (BT)
Vivo India remitted 50% of its turnover to China to avoid taxes (BS)
Funding winter for startups (Fortune)
New tech is like the old public sector (Value Research)
Thread: National Education Policy (Niteen S Dharmawat)
On Promoter Quality (Bala)
How to pay the correct amount of advance tax (Free Fincal)
How short term thinking can cost investors millions (Ed Thorp)
How Xiang Guangda survived the ‘Nickel short squeeze’ (SCMP)
Lifestyles (Morgan Housel)
Some stuff I am reading today morning:
City Union Bank to raise 500 Cr via QIP (MC)
Chemical Boom Billionaires (Fortune)
Company: Dixon Technologies (Forbes)
Stock Analysis: Laurus Labs (Dr Vijay Malik)
Thread: Chingaari dump (Cryptoo India)
Green Hydrogen-Fuel of the Future (Abhishek Basumallick)
74% of large cap mutual funds have underperformed (Morningstar)
Risk Capital & Markets (Prof Aswath Damodaran)
The worst 6 months ever for financial markets (Ben Carlson)
Why this Crypto crash is different (Coindesk)