www.mfp.co.in
The Infant Learner
Some stuff I read this week:
A. This week’s Special:-
Interview with Vinit Sambre of DSP BlackRock Mutual Fund
Mr. Vinit Sambre is the Vice President at DSP BlackRock Investment Managers Pvt. Ltd. and also serves as its Fund Manager and Research Analyst.Prior to joining DSP BlackRock he was associated with DSP Merrill Lynch Ltd. ( Nov 2005 to Jun 2007 ) , IL & FS Investment Ltd. (Dec 2002 to Oct 2005), Unit Trust of India Investment Advisory services Ltd. ( Jun 2000 to Dec 2002 ) , Kisan Ratilal Choksey Shares and Securities Pvt. Ltd. ( March 1999 to May 2000) and CRISIL ( Apr 1998 to Feb 1999).
Mr. Sambre focuses on sectors like pharmaceuticals , power utilities , chemicals , fertilizers, and textiles. His ability to capture the market upside is much better than most peers and he is also good at containing the downside risk.His strength lies in extensive bottom-up research,identifying strong, growth-oriented businesses with healthy cash flows and supported by capable management. Sambre doesn’t like to be tied down to the benchmark index.He adopt an unconstrained , freewheeling approach.
His funds DSP Blackrock Micro Cap Fund , DSP Blackrock Small & Mid Cap Fund are generating compounding 18.94% , 15.78% returns respectively since inception.
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 below links:-
Link 1 : Fund Manager interview Series ( DSP BlackRock )
Link 2 : Small Fund with big gains ( Outlook )
Link 3 : Fund Manager views on entry & exit point signal in stocks ( DSIJ )
B. Entrepreneurial Diary
( “Business means solution of a particular problem and Creating value for customer as well as value for company ” – Paramjeet Redu )
A conversation with Tim Brady, Yahoo’s first employee ( MACRO )
Profile: Karsanbhai Patel’s ( MINT )
Bandhan:Making of a Bank ( FORBES )
Unilever CEO: Refocus Your Ambitions ( STANFORD )
Lessons learned from Theranos’ fall ( CI )
Flipkart’s Myntra burning more money than Rocket Internet’s Jabong ( VCC )
Lessons from the road ( FF )
Start Up Corner : Droom ( BS )
The downfall of Israel’s top tycoon ( AM )
C. Other Stories
Winmark & The Evolving Retail Industry ( PUNCHCARD )
Buffett’s Case Study on Dempster Mill Manufacturing Company ( CS )
Lessons and Ideas from Benjamin Graham ( CFA )
Best’s Review Article about Ajit Jain ( AJ )
Crazy – A Story of Debt, by Grant Williams ( YT )
The Bull Market you haven’t seen ( BLOOMBERG )
Do Managers Eat Their Own Cooking? ( MS )
Insider Trading in NBCC ? ( GAURAV )
Research: India Auto Sector ( MOS )
The Values of Value Investing ( II )
How Sunny Leone manages her money ( MINT )
“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