Thread by @MultipieSocial

Hello folks!

Take a work break and check out what we found interesting - snippets, reading and video links from last week.

Sharing curated #MultipieWeekly🌱(#3) for you
1/12

1. Banking result season for Q4 has come to a close, so we compared "Total net addition of stressed loans" across Tier I Banks in FY21.

Do you see a surprise?
Data source: Ambit research
2/12

2. We found this table on valuation of agro-chemical players worth highlighting.

At 43x P/E, the mean valuation of the pack is higher than historical averages and inching towards FMCG valuations. Is there Margin of Safety?

Note: EV = MCap + Net Debt (Debt - Cash)

3/12

3. An important development from last week was the massive surplus transfer of ₹ 99,122 crore by RBI to the Government.

Here is a summary the topic for you in this handy graphic.

Reading link: bloombergquint.com/business/rbi-t…

4/12

4. There have been tremors in Crypto land in the last 2 weeks, with market cap erosion of c. $1 Trillion!

Here is an interesting short video analysis by @_prashantnair (CNBC) and what it means for broader markets.

Shared notes, but check the video:

5/12

5. Moving from Crypto to Cyclicals.

Two interesting links:
a. Listen to @jitenkparmar on his approach to cyclical investing
Link:

b. Analysis of performance of cyclical vs structural sectors by @SamitVartak
Memo sageoneinvestments.com/2021/05/

6/12

6. Highly recommend this thoughtful article by Morgan Housel - "Play your own Game"

This piece draws parallels from Michael Jordon and applies them to investing - "Be less judgemental about how other people invest."

Link: collaborativefund.com/blog/play-your…

7/12

7. Terry Smith's investing masterclass, where he talks about the approach of Fundsmith Equity funds.

Watch:

He ends with a summary of his investment strategy in three simple bullets:

8/12

8. Industry insights:

A. Input cost pressure impacts margin of white goods firms:
livemint.com/industry/manuf…

B. Some more video - Future of Renewable Energy with Niveshaay Investment advisors:


9/12

9. Tired? Let's add some fun. We have a quick quiz for you:

As vaccine drive gathers pace, can you guess the company providing this service? Without using Google!

10/12

10. Recommended Twitter read (1/2):

This week's recommended read is thread explaining all about Cash Flow Statements by @itsTarH

11/12

11. Recommended Twitter read (2/2):

Please check our explainer note of Bitcoin if youn haven't yet:

12/12


#MultipieWeekly

That's it for now guys.

Hope you enjoy reading these. Give the first tweet a RT if you did!

And if you are still looking for more reads, here are last two versions of #MultipieWeekly 👇