www.mfp.co.in
The Infant Learner
Some stuff I read this week:
A. This week’s Special:-
Mid-Cap Mogul Kenneth Andrade
Kenneth Andrade is a private investor of considerable repute.Previously,he served as the Chief Investment Officer, Head of Investments, and Fund Manager at IDFC Asset Management Company Limited from September 2005 to September 2015.Prior to joining IDFC he served as a Fund Manager ( Equity ) at Kotak Mahindra Asset Management Company Limited from July 2002 to September 2005, where he managed equity portfolios. From March 1999 to July 2001, he was employed at SSKI Investor services and from Jan 2002 to July 2002, Mr.Andrade was employed at Nimbus Communication and was involved in broadcasting ad content development.From January 1998 to March 1999 was employed at LKP Shares & Stock Brokers Pvt. Ltd as an Equity Research Analyst. FromJuly 1996 to July 1998, Mr. Andrade was a Portfolio Manager Meghraj Financial Services.He holds a B.com degree.
In his last assignment with IDFC he was managing three funds : IDFC Premier Equity Fund, IDFC Equity Fund and IDFC Equity opportunities. During his tenure his funds have given most consistent return in the industry.
Now he started his Portfolio Management Service : “OLD BRIDGE CAPITAL MANAGEMENT “. MFP wishes him good luck for his new venture. Kindly refer the below links for his interviews and PMS Presentation:-
Link 1 : Interview at Forbes ( KA )
Link 2 : Interview with Mr. Dev Ashish ( SI )
Link 3 : The Farewall talk with Kenneth Andrade ( VR )
Link 4 : Old Bridge Capital Management Presentation ( PMS )
B. Entrepreneurial Diary
( “Business means solution of a particular problem and Creating value for customer as well as value for company ” – Paramjeet Redu )
Billion Dollar Idea : SeaBubbles Flying River Taxi ( BLOOMBERG )
Special Business Coverage : Indigo ( BS )
Industry Coverage : Shipping Industry ( OUTLOOK )
Company Profile : Pidilite ( FORBES )
Endgame Ola ( KEN )
Will Electric Cars Kill Big Oil? ( KATUSA )
In Defense Of Bubbles ( AVC )
CEO Talk : Jack Dorsey , Twitter & Square CEO ( TM )
C. Other Stories
An-Open-Letter-to-Warren-Buffett-Kellogg-Company ( CS )
Sustainable Competitive Advantages: Consumer Preference ( AP )
Microcap Activism is a Hard Road to Travel ( MC )
CONN’S : A Retailer targeting the Subprime Segment ( PC )
Three Bucket Framework ( SW )
Reinvestment Moat Follow Up: Capital Light Compounders ( BH )
Some New Old Lessons in Real Estate (TEEK )
12 Times Donald Trump Disagreed with the Sage Wisdom of Warren Buffett ( TC )
GST Bill : Good and Services Tax ( BMA )
RBI releases guidelines for ‘on tap’ bank licensing ( RBI )
“I read everything: annual reports, 10k’s, 10q’s, biographies, histories, five newspapers a day. On airplanes, I read the instructions on the backs of seats. Reading is key. Reading has made me rich over time” – Warren Buffett
“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you” – Charlie Munger
You have to apply yourself each day to becoming a little better. By applying yourself to the task of becoming a little better each and every day over a period of time, you will become a lot better”- Carol Dweck