The letter by Askeladden Capital is a refreshing read. The guy who runs this (Samir Patel) is in his early twenties.
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HDFC Bank is the new HDFC Bank!! Wonderful interview of Aditya Puri on how they are conquering the new world of “techfin”.
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This is a very good read if you are at all interested in macroeconomics.
Its like a follow-up to his fantastic book ‘Big Debt Crises’ (Available as free download) where he tries to make sense of macros and the economic cycle. The conclusion he draws is that Central bank policies have run their course and loose monetary policies, ZIRP/NIRP have failed to stimulate growth and the leverage has piled to an extent where they are not serviceable. The next step is where currencies denominating these debts get devalued - as is typically how govt. debts are paid - as a sort of a invisible wealth tax. He recommends diversifying into Gold. (You can also see this in the second lease of life BTC is having at present). I recommend Big Debt Crises - No one else has simplified macroeconomics as Dalio has.
The crux of it is this
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Hi @phreakv6 ,
I have also read the Big Debt crises. It offered great insights on the macroeconomics. The relation between interest rate, role of central banks, currency devaluation, balance payment crises and the effect of foreign money.
Since you have a great writing style, I request you to start a thread on Macros. It will help everyone to understand the relation between all these factors. We can also understand the implications of the recent government decision to issue foreign currency debt.
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Interesting!! Probably most minds of Valuepickr know this already.
Most of the World’s Companies Are Duds, Stock Picker Says
Bloomberg·21 hours ago
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Makes complete sense. From the times of Pareto (80/20 rule) to Mandelbrot’s theories to Black Swan this is what everyone has been saying anyway.
South Korea and Singapore economy contracting for last few quarters, a warning to whats coming for global economy;
Value Is Dead, Long Live Value
Really interesting presentation by Whitney Tilson (Feb 2018)
Emailing TilsonGOOG.pdf (538.6 KB)
Good thinking process well documented in presentation
Thanks
Ashit
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Nice article. Similarly we have some quality players like Google in india with high PE ratio - which need to be analyzed
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Good weekend read HDFC : Remarkable Growth Story
This is great site with some good detailed posts.
You might like the write up on Visa.
Author has written 2 Parts ( second part being recent )
Looking at monsoon deficit and listening some of the consumption focused industries’ can call - coming days might not good for investors / return from the market. Stretched valuation of all consumption focused companies and consumption focused NBFC/banks (where most of investors/MF hiding at current scenario) might start correcting as hope vanishes and reality starred at everyone’s eye…
This site by zerodha looks copy of Valuepickr 
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the incredible story of Janitor turning to high executive at frito’s lays
https://thehustle.co/hot-cheetos-inventor/
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https://www.investing-notes.com/earnings-market-trends-and-returns-a-long-and-short-of-it/
India - Earnings, Market trends and returns report from an analyst in Kolkata.
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