Linkfest – 81

Friday, May 4th, 2018

I come across a lot of good articles from across the web. This linkfest will help you cut out the noise and focus on what was important in the last few weeks:


Indian Economy:

Half of SME IPOs trade below offer price – Business Line

Neelkanth Mishra: Currency weakness may persist – Business Standard

Interest rates bouncing back again – Livemint

Micro finance NPAs elevated – Business Standard

SGX steals the Nifty – Capitalmind

Are corporate ROEs improving? – Moneycontrol

India’s widening trade deficit – Bloomberg Quint

Drivers behind volatility in bond markets – Livemint

Headwinds faced by Indian Equities – Alpha Ideas

RBI removes cap on FPIs – Business Standard

Milestone in electrification  – Livemint



Japan’s economic miracle – FT Alphaville

Blockchain is a crappy technology and a bad vision for the future  – Medium

Finance echo chamber? – Of Dollars And Data

The evolution of moat analysis  – Intrinsic Investing

Economists don’t know much about growth – The Economist

The pension time bomb – Visual Capitalist

Cash is still king – FT Alphaville

Perfectionist vs. satisficer – Get Rich Slowly

Online retail moving back offline – FT Alphaville

Net worth breakdown by wealth – Financial Samurai


Investing and Personal Finance:

What are dynamic bond funds – Livemint

Some real estate advice – Livemint

ICICI Prudential’s investment choices – Mutual Fund Critic – Part 1 & Part 2

Find a financial role model – Morningstar

Lump sum is better than dollar cost averaging – Bloomberg

Don’t bet the farm on a single investment – Safal Niveshak

Why dividends can be a problem – Intrinsic Investing

The flatter yield curve – Bloomberg

Book value and buy back disruptions  – The Reformed Broker

Doing nothing – Safal Niveshak

Distinction bias – Medium

When Uber takes the place of a second car – Livemint

What should DSP BlackRock investors do? – Livemint

The impact of SEBIs rationalisation of schemes – Bloomberg Quint

Starting points matter – Capitalmind

Staying away from PSUs – 2 Point 2 Capital




State borrowings a concern? – YouTube


Aswath Damodaran on Valuations  – YouTube


Jehangir Aziz on Indian Macros  – YouTube


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About the author

Rishad is the founder of Kairos Capital. He started his career with Standard Chartered Wealth Management and has extensive experience in markets, particularly in terms of mutual funds and stocks.

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Quarterly Equity Valuations: April 2018

Monthly Market Summary: April 2018