www.mfp.co.in
The Infant Learner
Some stuff I read this week:
A. This week’s Special:-Let’s listen what Fund Manager
( Prashant Jain) says
Prashant Jain is an Executive Director & Chief Investment officer at HDFC Mutual fund.His funds HDFC Top 200 ( Sept 03,1996 ) , HDFC Equity Fund (Jan 01,1995) & HDFC Prudence Fund (Feb 01 ,1994 ) are generating compounding 20.41% ,19.18% & 19% returns respectively since inception.But both funds ( HDFC Top 200 & HDFC Equity Fund) are under performing from last 1 year to their respective benchmarks .As an infant learner, his views about market will be a great learning source for us, So for that MFP collected his interviews from various sources . Kindly refer the enclosed file & below links:-
Link 1 :- Equities are a great compounding machine ( IIFL )
Link 2 :- Eating your own cooking ( cafe mutual )
Link 3 :- Prashant Jain Secret ( Forbes )
Link 4 :- Prashant Jain Interviews collections (Prashant Jain)
B. Entrepreneurial Diary
( “Business means solution of a particular problem and Creating value for customer as well as value for company ” – Paramjeet Redu )
Where is it easiest to start a business ( World Economic Form )
8 things to remember before taking the big entrepreneurial plunge( Your Story )
How to future proof your business ( Virgingroup )
Start Up Corner: NestAway – Tracking Emerging India ( Business Standard )
Start Up Story : YANA app ( Your story )
Billion dollar Idea ( Virgin group )
Vishal Kampani: Dealmaker (Forbes )
Manoj Gaur , CEO , Jaypee Group : I have no intention to flee ( Economics Times )
C. Other Stories
Conglomerate Crisis:Why Tatas, Birlas & Ambanis Must Become Warren Buffetts( Swarajya )
Sports person income and endorsments : Virat Kohli, Maria Sharapova (Bemoney )
China And Pakistan’s Recent Cyber Attacks On India (Gateway House )
MSMEs In Defence Production: A Neglected Sector ( Indian Defence review)
What it costs to produce oil ( CNN Money )
What Behind Oil price drops ( Weform )
The Ups And Downs Of Donald Trump ( Forbes )
“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 Mungar
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