Sunday, December 2, 2018

Weekly Readings - Dec 2, 2018

Economics: 

Ajit Ranade, Group Executive President and Chief Economist with the Aditya Birla Group
"Elections are important in the minds of the investors, but in terms of the long-term structural features of the economy, they actually are impervious to electoral cycles."
https://www.morningstar.in/posts/49756/indian-economy.aspx?

Indian MBA graduates are getting less and less employable. The problem of valuing paper over knowledge.
https://qz.com/india/1473437/indian-mba-graduates-get-less-employable-engineers-improving/

Others: What Indian Unicorn Founders Earn
https://www.bloombergquint.com/business/what-indian-unicorn-founders-earn?

Society should not only be judged by merely its action but also its leaders.
Leaders are equally reponsible in organisations where unethical culture at flourishes during good times.
https://knowledge.insead.edu/responsibility/the-critical-consequences-of-culture-9981?

Possible Trend: 

Bajaj's quadricycle Qute set to roll out in Feb
https://www.rediff.com/business/report/bajajs-quadricycle-qute-set-to-roll-out-in-feb/20181127.htm?

Some Indian restaurants have lost their appetite for Zomato and Swiggy
https://qz.com/india/1476477/keralas-restaurants-oppose-zomato-swiggy-foodpanda-uber-eats/

Why majority of the business from fortune 1000 may shut shop in next decade?
http://worldoutofwhack.com/2018/12/02/60-of-fortune-1000-companies-will-be-out-of-business-in-just-next-10-years-2/

Investing: 

Why bother forecasting cash flows?
https://intrinsicinvesting.com/2018/11/26/bother-forecasting-cash-flows/?

Asset Allocation Matters! Patient Capital: The Key To Long-Term Wealth Creation
https://www.financialsamurai.com/patient-capital-is-the-key-to-long-term-wealth/?

Investing chat with Safir Anand
https://www.stockandladder.com/investing-chat-with-safir-anand/?

Stocks PE don't matter
https://theirrelevantinvestor.com/2018/11/26/the-nifty-fifty/?

Why Sell-Side Analyts don't Matter
https://www.bloombergquint.com/opinion/stock-valuations-don-t-matter-much-in-emerging-markets#gs.cjh0uv8

What Bear Markets Look Like
https://avc.com/2018/11/what-bear-markets-look-like/?

Forecats Folly?: Bull run finale for global stocks not far off now: Reuters poll
https://in.reuters.com/article/us-stocks-global-poll/bull-run-finale-for-global-stocks-not-far-off-now-reuters-poll-idINKCN1NY00L?

What can make Debt Mutual Fund's Risky? This can kick your yields but at a higher cost defeating the purpose of debt funds. Greedy investors
https://www.moneylife.in/article/mutual-funds-have-also-lent-to-dhfl-promoters-holding-company-just-like-yes-banks-rana-kapoor/55811.html

SME Investing
http://alphaideas.in/2018/11/26/investor-pespectives-on-sme-investing/

The proposition for Multi-Asset Fund
http://alphaideas.in/2018/11/26/what-if/

The consistency of Fund Manager is Important in Real Estate
http://www.forbesindia.com/article/work-in-progress/aditya-birla-real-estate-funds-fund-blues/51891/1?

Among the most important advice
https://www.lynalden.com/build-wealth/


Businesses:

Graphite India
http://www.forbesindia.com/article/india-rich-list-2018/graphite-india-historical-arc/51909/1?

Ethics

Facebook, WhatsApp and Making Money
http://www.forbesindia.com/article/cross-border/whats-up-with-brian-acton/51841/1

Google Underseige?
https://www.theverge.com/2018/11/27/18114285/google-employee-china-censorship-protest-project-dragonfly-search-engine-letter

RBI & YES Bank Spat: Management Problems
https://www.livemint.com/Companies/RsYblL17i5P0jjJ5nYSoIO/Yes-Bank-share-price-Rana-Kapoor-Yes-Bank-news-RBI.html?

SEBI To Nail PMS Fund Managers For Duping Public With Bogus Buy Recommendations
http://rakesh-jhunjhunwala.in/sebi-to-nail-pms-fund-managers-for-duping-public-with-bogus-buy-recommendations/?

Kotak Bank & Uday Kotak
https://www.livemint.com/Money/D1Ap4xqvPDixGENYfGkcHN/Uday-Kotak-stake-in-Kotak-Mahindra-Bank-has-investors-on-edg.html?

Technology playing God, lacking understanding.:
Google plans to wipe mosquitoes off the face of the Earth
https://www.businesstoday.in/technology/news/google-plans-to-wipe-mosquitoes-off-the-face-of-the-earth/story/295671.html

Yes Bank - "Financial Innovation"
https://www.livemint.com/Opinion/FKqEqU4ds88WnaRpNOLm1N/Opinion--India-misses-wakeup-call-from-ILFS-default.html 

Other

Money Matters: IL&FS Default Spreads to common lives?
https://economictimes.indiatimes.com/industry/banking/finance/ilfs-india-employees-detained-in-ethiopia-by-unpaid-local-staff/articleshow/66869614.cms?

Hate-Crime
https://www.theguardian.com/world/2018/nov/27/how-the-murders-of-two-elderly-jewish-women-shook-france-antisemitism-mireille-knoll-sarah-halimi?

Military's Close Proximity
http://www.atimes.com/article/djibouti-the-casablanca-of-a-new-cold-war/?

History: The industrialists behind India’s first national economic plan
https://qz.com/india/1464869/the-story-of-jrd-tata-gd-birlas-bombay-plan-for-india/

Views

Bangladeshis in US
https://www.browngirlmagazine.com/2018/11/raising-my-bangladeshi-american-family-in-detroit-what-a-new-mural-means-to-us/?

What to look for in an annual report?
https://janav.wordpress.com/2018/11/24/what-to-look-for-while-reading-the-annual-report/?

View on Valuations
https://www.stallionasset.com/blog/a-valuation-view/?

Is WikiLeaks a Russian Front? The idea that the putative transparency group served as a connection between Moscow and the president’s associates is starting to become clearer.
https://www.theatlantic.com/politics/archive/2018/11/wikileaks-trump-mueller-roger-stone-jerome-corsi/576940/ 

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