Zeal To Read Weekly News letter
Weekly Newsletter | by 2 | on 2021-03-07 06:00
At Zebu we spend a lot of time reading news and articles that cover a wide range of topics, including investment analysis, psychology, technology, etc. We have been sharing our favourite reads with clients under our weekly ‘ Zeal to read ’.
The goal of a successful trader is to make the best trades. Money is secondary.” – Alexander Elder
News you may use
|All engines of demand starting to fire, says RBI
Billion-Dollar market cap club. The number of domestic companies whose market value has exceeded a billion dollars has touched an all-time high of 335, exceeding that of countries like Germany, France, Canada or South Korea.
Centre to procure 9.5% more wheat this year amid farmers’ protests
Cess, surcharge share doubles to 19.9% of central taxes in FY21: Report
EPFO Proposes Interest Rate of 8.5% for FY21
Exports dropped by 0.3% year on year in February to $27.67 billion against a 6.2% rise in the previous month: Preliminary data
Financial Stocks Net 60% of $3.5 b FPI Inflows in Feb
FY21 GDP Performance may Beat Estimates, Says Finmin
Fuel prices set to surge as OPEC+ extends output cut
GST kitty tops ₹1.1L cr for 3rd straight month
India’s services sector expands at fastest rate in a year in Feb; employment falls further: Survey
Indian economy on ‘upswing’; govt set to spend more along with pro-growth reforms: Panagariya
India’s oil demand set to hit record high as recovery from Covid sets in
Inflation targeting: Current target band should be extended for 5 more years, says Niti Aayog vice-chairman Rajiv Kumar
IRFC, NCDC Cancel Bond Sale as Benchmark Yield Touches 6.26%
Labour codes face delay as states fail to frame rules
Manufacturing activities slightly ease in Feb; firms upbeat on demand spike: Survey
NHAI plans 5,000 km roads per year
Personal Mobility Quest Keeps Car Sales Going up – February PV despatches grow 23% YoY; CV sales also up
RBI Governor expresses optimism about Covid following roll-out of vaccines
Record FDI in 1st 9 months of FY21
Singapore Top FDI Source in Apr-Dec. FDI equity inflows rose 40% to $51.47 b in first 9 months of FY21 from $36.77 b in the year-ago period, said govt.
With $4.9 billion inflows so far in 2021, India continues to attract FPIs
Women fund managers oversee ₹4.11 trillion assets in India: Survey
Views may be of use
Greedy, fearful and all that – Winding the clock back a year, to revisit a different world altogether
Key question in every panic: does this change any line-item on my shopping list? This is the filter through which I parse every ‘terrible’ thing that happens in the world around me: terrorist attacks, election outcomes, stagflations, recessions, superbugs, selfie sticks. No matter how bad the event, it is professionally a non-event if it doesn’t impact my shopping list. During or after each existential crisis, it’s worth doing a line-by-line review, asking: Do I still want to own this company? At same price? With a high bar on the former, and a conservative approach to the latter, my answers are usually yes and yes.
Source: https://buggyhuman.substack.com/p/greedy-fearful-and-all-that )
What’s the Difference Between Gambling and Investing?
“The longer you play in a casino, the greater the odds you’ll walk away a loser because the house wins based on pure probability. It’s just the opposite in the stock market.”
Source: (https://www.mr-stingy.com/difference-gambling-investing/ )
INDIA IS A LAND OF OPPORTUNITIES
5th Largest Economy, Rising Affluence, Young and Vibrant (Slide No.11)
Source: (https://www.bseindia.com/xml-data/corpfiling/AttachLive/40271f62-4fdb-4d35-8e7e-aa5d1eb4fb6b.pdf )
Warren Buffett’s Big Investing Mistake
Warren Buffett is the world’s most successful investor. Yet, even the best make mistakes, as any good investor knows. Analyzing Warren Buffett’s mistakes in depth can make you a better investor. In the just-released 2020 Berkshire Hathaway annual letter, Buffett briefly tells us about a recent, big, mistake: Precision Castparts (“PCC”). Let’s dive in and see what we can learn.
Source: (https://behavioralvalueinvestor.com/blog/warren-buffett-pcc )
Invest Like a Pronghorn
Investing is full of cheetah rock stars too. Companies, investors, funds, and CEOs which dominate our attention with flashy eye-popping returns. Huge bursts of wealth that look so spectacular on charts going up, up, and up. They dominate CNBC and social media. It is easy to imagine how awesome it would be to ride those explosive investment rocket ships. Rocket ships run out of fuel just as cheetahs get tired quickly and stop. Eyepopping yearly returns are extremely enticing and rarely sustainable. The run of a cheetah is exhilarating, but short. Do you really want to invest like a cheetah?
Source: (https://breakingthemarket.com/invest-like-a-pronghorn/ )
The Antilibrary: Why Unread Books Are The Most Important
A good library is filled with mostly unread books. That’s the point. Our relationship with the unknown causes the very problem Taleb is famous for contextualizing: the black swan. Because we underestimate the value of what we don’t know and overvalue what we do know, we fundamentally misunderstand the likelihood of surprises.
Source: (https://fs.blog/2013/06/the-antilibrary/ )
Collection of short book reviews
Visual library of few books that are summarized
Note: the above material is neither investment research, nor financial advice. Zebu Share and Wealth Managements Private Limited [SEBI Registration No: INZ000174634] does not seek payment for or business from this email in any shape or form.
This communication is confidential and is directed to and for the use of the addressee only. The recipient if not the addressee should not use this message if erroneously received, and access and use of this e-mail in any manner by anyone other than the addressee is unauthorized. If you are not the intended recipient, please notify the sender by return email and immediately destroy all copies of this message and any attachments and delete it from your computer system. Any opinions or advice contained in this email or newsletter should not be construed as investment advice. No liability whatsoever is assumed by the sender as a result of the recipient or any other person relying upon the opinion unless otherwise agreed in writing. The recipient acknowledges that Zebu Share and Wealth Managements Private Limited may be unable to exercise control or ensure or guarantee the integrity of the text of the email message and the text is not warranted as to its completeness and accuracy.
Copyright © 2021 Zebu Share and Wealth Managements Private Limited. All rights reserved.
Parts of this website offer an opportunity for users to post and to edit or remove any information or materials, in whole or in part, that have been posted to my Card Account , including all fees and charges, shall become immediatel. They shall apply in place of and prevail over any terms or conditions contained or referred to in any documentation submitted by the Buyer, the parties hereto accept that such a sample is random and not specific. Sildenafil Shannons receives all required details of a current and valid payment card being a card which you are authorised to use and which is offered on The O2 venue app can only be entered by tapping the ‘Tap to Enter’ button on the competition page of The O2 venue app and then following the entry instructions.