Ben Graham, the father of Value Investing was the first to call out the Market’s mood swings, anthropomorphizing the creature we know as Mr. Market.
Mr. Market is emotional, euphoric, moody and often
This behavior of Mr. Market allows the investor to wait until Mr. Market is in a ‘pessimistic mood’ and offers a discount to fair value.
Continue reading “The Mood Swings of Mr Market: 3 exhibits from November 2016”
Came across an interesting
Ambit report on MFIs in India. It argues that AP like events are not a rarity but are instead commonplace across the world.
Source: Ambit Research
Came across an interesting tweet today
The sale starts from 2:50 into the video.
“Hello John. How are you doing today? You mailed in my company a postcard a few weeks back requesting information on a penny stock…”
Make them come to you. Don’t sound desperate, like a travelling salesman. Set the “seller’s market” frame, from a “buyer’s market”. Make them come to you.
Continue reading “Bias and Influence in Action. Jordan Belfort (fictional) sells a Penny stock”
CARE Ratings Report
It is tragedy that with such a large percent of land under cultivation, India imports 60% of its cooking oil. Hopefully, with increased farm income and irrigation, growing cash crops will become more viable – bridging some of this gap.
In the US, lifestyle can seem wasteful (unless you live Oregon or such hippy state). Some instances of gratuitous waste that i’ve witnessed in NYC:
Single toothpicks are packaged in restaurants.
Tissues and utensils are served with every meal in more quantities than required.
3$ Snapple in glass bottles (are they re-cycled?)
Use and throw coffee stirring sticks are imported from China and made from tree bark.
Vaccuum engines to clean subway tracks
Little wonder private companies like Waste Management Inc (NYSE: WM) can
generate over 20 percent in ROE and have a wide and enduring moat. Continue reading “Packaging and Waste Management. The co-dependence.”
This post is not buy/sell/hold advice. Please see the disclaimer at the end before reading further
Speciality Restaurants Ltd, the owner of the popular
Oh! Calcutta, Mainland China: Asia Kitchen and Hoppipolla brands is going through bad times.
2012 was its best year – when it went IPO. Things have tumbled downhill.
Continue reading “Speciality Restaurants: Narrative Bias and the need for a focussed strategy”
Exhibit : Company that makes heavy cranes for construction. Perfect Symmetry.
Source : Dion Global Solutions