Weekly Readings - Dec 30, 2018

BASIC READING:

Life, Thoughts & Complication

https://www.collaborativefund.com/blog/rational-vs-reasonable/

Reading Books & Articles

https://www.collaborativefund.com/blog/investing-ideas-that-changed-my-life/ 

What We Learned This Year

https://www.collaborativefund.com/blog/what-we-learned-this-year/ 

Social Impact

Facebook, Control & Lack of Vision

https://www.nytimes.com/2018/12/27/world/facebook-moderators.html

An Expat Teacher in HongKong

https://www.scmp.com/magazines/post-magazine/long-reads/article/2178848/highs-and-lows-hong-kong-school-life-humorous

A Soldiers Narrative

https://www.theguardian.com/news/2018/dec/18/torrent-of-ghastly-revelations-what-military-service-taught-me-about-america-us-marine-corps-afghanistan

From A Sports Writer to Amazon Delivery Guy

https://www.theatlantic.com/ideas/archive/2018/12/what-its-like-to-deliver-packages-for-amazon/578986/

Gender Gap in Financial Services

https://www.mckinsey.com/industries/financial-services/our-insights/closing-the-gap-leadership-perspectives-on-promoting-women-in-financial-services

Stealthy Wealth: On Being Humble

https://www.whitecoatinvestor.com/stealth-wealth/

Technology & Financial Services

Technology Impact on Insurance

https://www.mckinsey.com/industries/financial-services/our-insights/insurance-2030-the-impact-of-ai-on-the-future-of-insurance

Technology Impact on Banking

https://www.mckinsey.com/industries/financial-services/our-insights/a-bank-branch-for-the-digital-age

Wealth management in an era of robots, regulation, and new money

https://www.mckinsey.com/industries/financial-services/our-insights/wealth-management-in-an-era-of-robots-regulation-and-new-money

Technology Perspective on Banking

https://www.mckinsey.com/industries/financial-services/our-insights/open-bankings-next-wave-perspectives-from-three-fintech-ceos

Investing:

Perspective of Value Investing

https://www.oakmark.com/Commentary/Commentary-Archives/Bill-Nygren-Market-Commentary-2Q18.htm

Why to Invest in Equities?

https://rpseawright.wordpress.com/2018/12/16/fear-not/

Equities vs Real Estate

https://acquirersmultiple.com/2018/12/charles-munger-investing-in-shares-is-much-easier-than-investing-in-real-estate-heres-why/

Investing: Do your own homework

https://thecalminvestor.com/the-2018-professional-stock-pickers-report-card/

** Investing Ideas That Changed My Life

https://www.collaborativefund.com/blog/investing-ideas-that-changed-my-life/

** Investing websites and why I use them

https://valuationinmotion.blogspot.com/2018/12/investing-websites-and-why-i-use-them.html

** Professional Money Management is More About Temperament Than IQ

https://thereformedbroker.com/2018/12/25/the-grinch-comes-to-omaha/

Why India is a different Market?

https://www.bloombergquint.com/markets/the-indian-stock-market-is-unique-here-is-the-data

Zero Fee Index Funds

https://qz.com/1494933/2018-the-year-fees-hit-zero/

Misrepresenting Charts - Bear Cycle Length

https://lifeandequities.wordpress.com/2018/12/25/fooled-by-charts-before-after/

Rear View Mirror and Windshield

http://alphaideas.in/2018/12/28/akash-prakash-foolish-strategy/

Opinion Summary: Ritesh Jain

http://worldoutofwhack.com/2018/12/29/2019-outlook-i-wish-i-had-written/

Business

Lemon Tree, Warburg Pincus Form Joint Venture To Develop Co-Living Platform

https://www.bloombergquint.com/business/lemon-tree-hotels-warbug-pincus-form-jv-envisage-rs-3-000-cr-investment#gs.xPxzs4Y

Banks & 2018: Aadhaar verdict, NBFC crisis & UPI 2.0: Trends that hit banking sector in 2018

https://www.moneycontrol.com/news/business/personal-finance/aadhaar-verdict-nbfc-crisis-upi-2-0-trends-that-hit-banking-sector-in-2018-3330781.html

Bharti Infratel

https://dhruvapandey.wordpress.com/2018/12/23/my-assessment-on-bharti-infratel/

GVK To Refinance Debt

https://www.livemint.com/Companies/VE7Jhd2ZDSIq5ZN9ngENcL/GVK-group-in-talks-to-refinance-up-to-1400-crore-debt.html

NCLT Recovery

https://www.moneycontrol.com/news/business/companies/nclt-helps-recover-rs-80000-crore-in-2018-kitty-may-cross-rs-1-lakh-crore-in-2019-3323651.html

Earning

The Amazon Affiliate Program

https://myinvestmentideas.com/2018/12/amazon-affiliate-program-how-to-earn-rs-45000-to-rs-10-lakhs-per-month/

Personal Finance

Want to avoid risks? Buy NCDs and park interest in equities

https://economictimes.indiatimes.com/markets/stocks/news/want-to-avoid-risks-buy-ncds-and-park-interest-in-equities/articleshow/67238738.cms

Portfolio: Interview

https://www.stableinvestor.com/2018/12/my-interview-stock-ladder.html

Personal Finance: Retirement Plan

http://www.subramoney.com/2018/12/retirement-plan-review/

Ethics

Corruption that connect South Africa & India

https://www.nytimes.com/2018/12/22/world/africa/gupta-zuma-south-africa-corruption.html

Offbeat:

Being a Punjabi

http://www.openthemagazine.com/article/new-year-2019-issue/being-a-punjabi

Trump Again - The Show Builder

https://www.newyorker.com/magazine/2019/01/07/how-mark-burnett-resurrected-donald-trump-as-an-icon-of-american-success

India's First Passenger to Fly

https://qz.com/india/1510162/who-was-the-first-woman-to-fly-in-india/

Internal Strife of BJP

http://www.gossipguru.in/whos-the-real-chanakya/

Paintings of Jobs in 19th century

https://qz.com/india/1494591/east-india-company-paintings-of-jobs-in-19th-century-india/

Weekly Readings - Dec 23, 2018

Read of the week: The importance of thoughtful deliberation—and its implications for the future of capitalism

https://www.alumni.hbs.edu/stories/Pages/story-bulletin.aspx?num=6818 

Economy

Recession History Revisited

https://thereformedbroker.com/2018/12/10/the-r-word/ 

Alan Greenspan: Investors should prepare for the worst

https://edition.cnn.com/2018/12/18/business/alan-greenspan-stock-market-party-over/index.html

Why Fed has to Raise rates?

http://worldoutofwhack.com/2018/12/20/why-fed-raised-rates/ 

Why Farm Loan Waivers' Makes Sense?

https://www.business-standard.com/article/opinion/why-farm-loan-waivers-make-sense-118122100039_1.html 

Open letter to the RBI Governor

https://www.business-standard.com/article/opinion/an-open-letter-to-the-rbi-governor-118121600687_1.html?1544994060

Niti Aayog -- Making Plans Without the Homework

https://www.business-standard.com/article/opinion/old-wine-in-new-bottle-118121901026_1.html 

Maurice Obstfeld discusses his tenure as the IMF’s chief economist

https://www.imf.org/external/pubs/ft/fandd/2018/12/interview-with-imf-chief-economist-maurice-obstfeld.htm 

Investments 

Action Planning 

https://eightytwentyinvestor.com/2018/12/16/no-1-rule-in-bear-market-decision-making-decide-when-to-decide/

Walter J. Schloss Revisited

https://www.morningstar.in/posts/50090/equity-6.aspx

To read more about Walter J. Schloss  -- https://www.valuewalk.com/walter-schloss/

Buy and Forget vs. Active Investment Management

https://iaip.files.wordpress.com/2018/12/Presentation-by-Samit-Vartak-CFA.pdf 

3 Correlation Myths In Portfolio Construction

https://www.etf.com/sections/index-investor-corner/3-correlation-myths-portfolio-construction 

Swedroe: Putting Panic In Perspective

https://www.etf.com/sections/index-investor-corner/swedroe-putting-panic-perspective?nopaging=1

Charts & Thoughts 

https://theirrelevantinvestor.com/2018/12/22/a-few-charts-and-a-few-thoughts-7/

The best defense is a quality business

https://www.morningstar.in/posts/50142/best-defense-quality-business.aspx  

Investing: Vijay Kedia's Interview

https://www.moneycontrol.com/news/business/markets/best-and-the-worst-in-mid-cap-stocks-over-4-stocks-are-on-vijay-kedias-radar-3310191.html 

2019, the Year of Value Stocks?

https://alphaarchitect.com/2018/12/11/after-a-lost-decade-will-value-get-its-groove-back-in-2019 

The Impact of Flows into Exchange Traded Funds: Volumes and Correlations

https://alphaarchitect.com/2018/12/10/etfs-have-not-screwed-up-correlations-liquidity-and-alpha-opportunities/

FLAME

Lessons From History https://www.flame.edu.in/pdfs/fil/presentations/Lessons-From-History-CFA-Society-Delhi.pdf 

Dugesh Shah on investing https://cfasocietyindia.com/2018/12/14/session-by-mr-durgesh-shah-2nd-value-investing-pioneers-summit-2018-delhi/ 

Business

Being a Wealth Advisor would be Difficult

https://economictimes.indiatimes.com/markets/stocks/news/it-will-be-tough-to-be-wealth-adviser-when-above-market-returns-dry-up/articleshow/67158852.cms 

How to Frame Services. To know who will not be your client is a clarity that one should have in service business. 

https://aveksatequity.com/services/ 

How not to do a business!

https://balablogsdotcom.wordpress.com/2018/12/18/investing-in-the-days-of-kalyug/ 

FAQ for Petrol Pump Dealership

https://myinvestmentideas.com/2018/12/psu-petrol-pump-dealership-frequently-asked-questions-faqs/  

Graphite is the new Gold

https://finception.in/stocks/graphite-is-the-new-gold/

Management

Product & Service Design

https://www.mckinsey.com/business-functions/mckinsey-design/our-insights/the-business-value-of-design 

Why digital strategies Fail

https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/why-digital-strategies-fail 

Why data culture matters

https://www.mckinsey.com/business-functions/mckinsey-analytics/our-insights/why-data-culture-matters 

Ten red flags signaling your analytics program will fail

https://www.mckinsey.com/business-functions/mckinsey-analytics/our-insights/ten-red-flags-signaling-your-analytics-program-will-fail 

Technology

Intel from Silicon, Robot for Presidency

https://lifeandequities.wordpress.com/2018/12/16/intel-from-silicon-robot-for-presidency/ 

Technological singularity

https://en.m.wikipedia.org/wiki/Technological_singularity 

Offbeat

What kind of company is Mckinsy? Read to Conclude 

https://www.nytimes.com/2018/12/15/world/asia/mckinsey-china-russia.html?mod=djem10point 

Chinese Hacking

https://www.cnbc.com/2018/12/20/doj-china-national-security-law-enforcement-action.html 

Jinnah's House in Mumbai – Wadia’s Claim. The Twisted Logic of Swamy

https://www.business-standard.com/article/current-affairs/wadia-family-plans-to-continue-legal-battle-over-mumbai-s-jinnah-house-118122001279_1.html 

3 Reasons You Are Never Satisfied -- Lifestyle; Relative Wealth; Career obsolescence

https://thereformedbroker.com/2018/12/17/three-reasons-youre-never-satisfied/ 

Mir Sultan Khan: The Unsung Chess Genius 

https://madrascourier.com/biography/mir-sultan-khan-the-unsung-chess-genius/ 

Tech Is Killing Street Food

https://www.theatlantic.com/technology/archive/2018/12/india-and-california-tech-displaces-street-vendors/578524/

Chennai’s Beloved ‘Rs 5 Doctor’ Passes Away: Why He Was a Messiah to The Poor

https://www.thebetterindia.com/167395/chennai-doctor-death-tribute-inspiring-hero/

How personalized medicine is transforming your health care

https://www.nationalgeographic.com/magazine/2019/01/personalized-medicine-transforming-your-health-care/ 

On Writing

http://jasonzweig.com/on-writing-better-part-3/ 

Gossip in Delhi

http://www.gossipguru.in/bureaucrats-under-scanner/

Ethics 

Bashing tech companies: : Your Data is Being Sold Without you knowing or understanding its implication

https://lifeandequities.wordpress.com/2018/12/22/bashing-tech-companies/ 

For & Against Social Media

https://lifeandequities.wordpress.com/2018/08/23/social-media-in-our-life/

Googling Google

https://www.theguardian.com/news/2018/dec/20/googles-earth-how-the-tech-giant-is-helping-the-state-spy-on-us 

Books 

The 24 Most Popular Book Club Picks of the Year

https://www.goodreads.com/blog/show/1453-the-24-most-popular-book-club-picks-of-the-year 

The Sci-Fi & Fantasy Trends of 2018

https://www.goodreads.com/blog/show/1440-the-sci-fi-fantasy-trends-of-2018 

NYT – 100 Notable Books

https://www.nytimes.com/interactive/2018/11/19/books/review/100-notable-books.html 

Weekly Readings - Dec 16, 2018

Must Read

Understanding RBI
https://finception.in/markets/in-defence-of-the-rbi/

The 100 Great Innovations of 2018
https://www.popsci.com/best-of-whats-new-2018

Investing 

Surviving The Investing Game

https://www.safalniveshak.com/presentation-surviving-investing-game/

Choice of Financial Writings of 2018

https://ofdollarsanddata.com/my-favorite-investment-writing-of-2018/

Ethics: Buybacks & The New Kind of Frauds

https://www.albertbridgecapital.com/drew-views/2018/12/10/share-buybacks-bad-companies-and-bear-markets

3 Things To Learn From Market Speculator Victor Niederhoffer
https://www.forbes.com/sites/brettsteenbarger/2018/12/09/three-things-i-have-learned-from-victor-niederhoffer/

SIP

https://themfguy.wordpress.com/2018/12/04/seasons-market-cycles-and-your-sip-tenure/

Relearning from Buffett
https://www.gurufocus.com/news/781363/relearning-lessons-from-buffetts-best-essay-

Learning From Other Peoples Experience
www.stockandladder.com/my-key-notes-from-2nd-value-investing-pioneers-summit/

Dollar Liquidity and Equity Markets
http://worldoutofwhack.com/2018/12/13/equity-market-needs-liquidity/

Business

The Beauty Business of Korea

http://www.openthemagazine.com/article/business/the-cult-of-k

Patu Keswani, Founder, Lemon Tree Hotels
https://www.outlookbusiness.com/specials/dont-feel-ashamed-or-embarrassed-in-admitting-that-you-know-nothing-4783

Economics

The leg of economic cycle
https://blogs.cfainstitute.org/investor/2018/12/06/russell-napier-equity-markets-and-structural-change/

Sweden Economics: High-tax, high-spend, and successful start-ups 

https://www.theatlantic.com/business/archive/2017/09/sweden-startups/541413/

Four Quadrants Framework for Market Cycle
http://worldoutofwhack.com/2018/12/10/charts-that-matter-13/

Offbeat

Life Of A Former Mossad Agent

https://www.scmp.com/magazines/post-magazine/long-reads/article/2177775/life-and-times-former-mossad-agent-and-what-he

Opinion: Pakistan and Its Headache

https://www.dawn.com/news/1446103/dont-surrender-to-mob-rule

Andaman: Where India Watches China

http://www.atimes.com/article/where-india-quietly-watches-china-at-sea/

Dr Elon & Mr Musk

https://www.wired.com/story/elon-musk-tesla-life-inside-gigafactory/

Google's Game Learning AI

https://www.smithsonianmag.com/innovation/google-ai-deepminds-alphazero-games-chess-and-go-180970981/

Propaganda & Media Manipulation

https://www.theguardian.com/news/2018/dec/07/china-plan-for-global-media-dominance-propaganda-xi-jinping

Sociology

Lack of Humanity: Bangladeshi Hindus

https://swarajyamag.com/magazine/bangladeshi-hindus-living-on-the-run

Lack of Humanity: Uighur Muslims

https://www.aljazeera.com/indepth/opinion/china-holds-million-uighur-muslims-concentration-camps-180912105738481.html

Technology

Chips Don't Reduce Credit Card Frauds
http://fortune.com/2018/11/05/credit-card-chips-fail-to-halt-fraud-survey-says/

The DEA and ICE are hiding surveillance cameras in streetlights. Just because you are on street and cant see a camera don't think no one is watching you.
https://qz.com/1458475/the-dea-and-ice-are-hiding-surveillance-cameras-in-streetlights/

Security

Understanding Why Cyber Terrorism is Uncommon
https://www.schneier.com/blog/archives/2018/11/what_happened_t.html

Fake News & Propaganda: Undermining Democracies
https://www.lawfareblog.com/information-attacks-democracies

Surveillance Kills Freedom By Killing Experimentation
https://www.wired.com/story/mcsweeneys-excerpt-the-right-to-experiment/

Undermining Democracies and Trusts
https://motherboard.vice.com/en_us/article/mbyg3x/the-most-damaging-election-disinformation-campaign-came-from-donald-trump-not-Russia

Why We Should Pay For Softwares
https://boingboing.net/2018/11/26/candy-from-strangers.html

Chatbots Are a Danger to Democracy
https://www.nytimes.com/2018/12/04/opinion/chatbots-ai-democracy-free-speech.html

Safety of Data online is a Myth
https://krebsonsecurity.com/2018/12/what-the-marriott-breach-says-about-security/

New Australian Backdoor Law: Privacy is Theory
https://www.schneier.com/blog/archives/2018/12/new_australian_.html

Essential reason for a Security Key
https://arstechnica.com/information-technology/2018/12/iranian-phishers-bypass-2fa-protections-offered-by-yahoo-mail-and-gmail/

For Deep Technical Interest

Google & Collaboration against Cybercrime
https://services.google.com/fh/files/blogs/3ve_google_whiteops_whitepaper_final_nov_2018.pdf

NSA Archives
https://nsarchive.gwu.edu/briefing-book/cyber-vault/2018-12-04/cyber-brief-nsas-cryptolog

AI Annual Report
https://ainowinstitute.org/AI_Now_2018_Report.pdf