#Goodreads for today:
1. Thinking beyond the pandemic by @svembu. Increasingly fascinated with his thoughts and ideology. Here he writes about the overvaluation across asset classes and his disdain for financial absurdities.
1. Thinking beyond the pandemic by @svembu. Increasingly fascinated with his thoughts and ideology. Here he writes about the overvaluation across asset classes and his disdain for financial absurdities.
2. Kishore Biyani falters again
Last week, KB almost lost majority control of Future Retail, but got saved by a court verdict that some say goes against the tenets of free markets. Good for understanding perils of pledging shares in a down market (Paywall)
themorningcontext.com/kishore-biyani…
Last week, KB almost lost majority control of Future Retail, but got saved by a court verdict that some say goes against the tenets of free markets. Good for understanding perils of pledging shares in a down market (Paywall)
themorningcontext.com/kishore-biyani…
3. There is always something to learn when @_kirand writes, especially with the "intellectual honesty" this seems missing in the industry.
The angst/ truth of knowing, not knowing and everything in between.
kiraninvestsandlearns.wordpress.com/2020/04/06/the…
The angst/ truth of knowing, not knowing and everything in between.
kiraninvestsandlearns.wordpress.com/2020/04/06/the…
4. This timeless gem on Power Law from Farnam Street.
Y=MX^B
“The greatest shortcoming of the human race is our inability to understand the exponential function.”
Please read.
fs.blog/2017/11/power-…
Y=MX^B
“The greatest shortcoming of the human race is our inability to understand the exponential function.”
Please read.
fs.blog/2017/11/power-…
5. Mega kitchens at work 🙏
Amidst the lockdown, Gurudwara Bangla Sahib is providing food to over 40,000 needy people every day through their kitchen. With a battalion of people working with all safety measures.
m.economictimes.com/news/politics-…
Amidst the lockdown, Gurudwara Bangla Sahib is providing food to over 40,000 needy people every day through their kitchen. With a battalion of people working with all safety measures.
m.economictimes.com/news/politics-…
6. How to use stop loss in investing - for the trending and the mean reverting stocks.
Incidentally, I had shared this to be my biggest learning of this crash. But this blogpost from @a_basumallick tells you how.
H/T:@alphaideas
blog.intelsense.in/2020/04/using-…
Incidentally, I had shared this to be my biggest learning of this crash. But this blogpost from @a_basumallick tells you how.
H/T:@alphaideas
blog.intelsense.in/2020/04/using-…
7. "Beyond the first order"
Part 2 by the-Ken (full post behind paywall). Btw this is turning out to be fantastic.
The butterfly effect of Axis Bank (check image)
Other reads:
the-ken.com/bfo/2/
Part 2 by the-Ken (full post behind paywall). Btw this is turning out to be fantastic.
The butterfly effect of Axis Bank (check image)
Other reads:
the-ken.com/bfo/2/
8. Buybacks: Promoters capitalize on zero tax.
Makes a good case why one shouldn't read too much into promoter buybacks - Sun Pharma, Emami, Thomas Cook, etc.
#Learning
Makes a good case why one shouldn't read too much into promoter buybacks - Sun Pharma, Emami, Thomas Cook, etc.
#Learning
9. One good news among all pessimism 🌞 NHAI constructed the highest ever total of 3,979 km national highways in FY20 vs ~3,300 km of roads in FY19 and ~3,100 km in FY18 🛣
constructionweekonline.in/13004-nhai-ach…
constructionweekonline.in/13004-nhai-ach…
10. When people lead
How Narendra Modi has steadily drafted the people into the fight against #Corona pandemic.
@harshmadhusudan summarized perfectly - "No leader since Gandhi has had this hold on the people’s imagination."
PS: Haters will be ignored.
indianexpress.com/article/opinio…
How Narendra Modi has steadily drafted the people into the fight against #Corona pandemic.
@harshmadhusudan summarized perfectly - "No leader since Gandhi has had this hold on the people’s imagination."
PS: Haters will be ignored.
indianexpress.com/article/opinio…
11. This insightful thread on Indian chemical sector and the global supply chain, brilliantly synthesized by @GildaSourabh based on a McKinsey report on the same.
threader.app/thread/1247185…
Tweet link:
threader.app/thread/1247185…
Tweet link:
12. Last for the day and a good one.
H/t @adi2five
How companies are getting innovative in even tinkering with holy cash flow from operations by recording "other cash flow" entries under CFO.
Read this before you use Cumulative PAT/ Cumulative CFO metric
lnkd.in/fw5NPXN
H/t @adi2five
How companies are getting innovative in even tinkering with holy cash flow from operations by recording "other cash flow" entries under CFO.
Read this before you use Cumulative PAT/ Cumulative CFO metric
lnkd.in/fw5NPXN
And here are the links to last 2 #goodreads threads in an easy to read format on Thread reader.
For anyone interested.
Calling it a day.
threadreaderapp.com/thread/1247212…
threadreaderapp.com/thread/1246456…
For anyone interested.
Calling it a day.
threadreaderapp.com/thread/1247212…
threadreaderapp.com/thread/1246456…
@threadreaderapp unroll
