The Most Important Lessons – Lesson 1: Know thyself, value investor – Link here Outlook grows dimmer for stock-picking fund managers – Link here The $90 Billion Investor Who’s Out to Fire Wall Street – Link here Lies, Damn Lies, and Financial Statistics – Link here China Is Playing a $9 Trillion Game of …
Read More Read, Learn, Improve – 15-Apr-17Total budgeted estimate expenses (Capital+Revenue) for key industries for FY18 = Rs5.5trillion rupees Total tax evasion detected Rs1.37trillion.
Read More Black Money data that caught my attention(Must read) – Gambling is a feature of capitalism—not a bug – Link here – some history on finance, its long read if you want to read just ONE thing for the weekend this is it. How Uber Uses Psychological Tricks to Push Its Drivers’ Buttons – The company has undertaken an extraordinary experiment …
Read More Read, Learn, Improve – 8-Apr-17If you are related to financial field, you have already heard that on 1-Apr, if not well it’s beginning of new financial year. I know it’s really a bad joke to begin when I want to deliver a very serious message. Key reason behind me writing to you is, to make this world a …
Read More Happy New YearRead, Learn, Improve – 1-Apr-17 The body is the missing link for truly intelligent machines – Link here We draw on experiences and expectations to predict likely outcomes from a relatively small number of observed samples. So when a human thinks about a cat, she can probably picture the way it moves, hear …
Read More Read, Learn, Improve – 1-Apr-17If there is one brokerage house on street that is on mission of educating market participate at large on investing, its Ambit. This time they did a townhall with Mr. KN Sivasubramanian’s – Ex-CIO, Franklin Templeton and it is nothing short of amazing learning experience that one can ask for. Here is full transcript of …
Read More Read, Learn, Improve – 25-Mar-17Buffett’s Airlines Conundrum – Link here Global house prices – Link here In Vancouver, home values have risen by 47% in four years; in London they have risen by 54%; and in Auckland the rise has been a whopping 75%. The influence of foreign capital flows on housing markets is being scrutinised, particularly as …
Read More Read, Learn, Improve – 18-Mar-17The rise of the useless class – Yuval Noah Harari – Link here So what will people do? Art is often said to provide us with our ultimate (and uniquely human) sanctuary. In a world where computers have replaced doctors, drivers, teachers and even landlords, would everyone become an artist? Yet it is hard …
Read More Read, Learn, Improve – 11-Mar-17The World’s Most Radical Experiment in Monetary Policy Isn’t Working – A generation of Japanese accustomed to falling prices have diminished the impact of negative interest rates and other stimulus that were supposed to spur wage and price increases; ‘people love to save’ – Link here Lines that caught my attention A Bank …
Read More Read, Learn, Improve – 4-Mar-1724% India’s MPs/MLAs Say They Don’t Need To Pay Tax Or Have No Income – Link here As many as 1,676 (35%) elected representatives declared annual incomes less than Rs 2.5 lakh. Why are Indian engineers so afraid of ‘artificial intelligence’? – Link here – Line that caught my attention “Forget getting people of our …
Read More Read, Learn, Improve – 25-Feb-17