Bombaylives Weekly Newsletter #29

Tendulkar, JB Chem, Joys of Compounding, William Greene. Big Walt, Trade like a Casino

Happy Bday to Sachin Tendulkar.

Some investing lessons from God himself from SafalNiveshak

Nifty - Longs only above 17350 levels

Bank Nifty - Longs only above 36500 levels

• Stock of the Week

JBCHEPHARM - CMP 1703, Stops 1590 levels

J.B. Chemicals and Pharmaceuticals Limited, established in 1976, is one of India's leading pharmaceutical companies. An integrated, publicly-listed organization with a focus on supplying affordable, quality products both in India and internationally, JBCPL is trusted by healthcare professionals globally. [1]

Its a Kohlberg Kravis Roberts & Co. Inc. (KKR) It holds its stake through its fund Tau Investment Holdings Pte Ltd. Yes, its the same folks bought out RJR Nabisco for $25 billion in the largest LBO in history.

1% PnF Chart

3 years chart

Qualified Patterns

• Book / Movie/Web Series of the Week

• Some interesting Reads and Tweets

Steve Burns @SJosephBurns

Ten Ways to Be a Trader NOT a Gambler in the markets. A thread 🧵👇 The casino paradigm for traders was introduced in “Trade like a Casino” by Richard Weissman and this thinking process can really help traders become profitable.👇

Gautam Baid @Gautam__Baid

Enjoyed this great discussion between @HowardMarksBook and @williamgreen72.

youtu.beLessons from a Legend w/ Howard Marks (RWH002)William Green speaks with Howard Marks, an investing legend and multi-billionaire. Marks is the co-founder and co-Chairman of Oaktree Capital Management, a g...

Kavita @Kavitastocks

A thread on Price Action Trading📊📈📉 Some important concepts of DOW Theory :- Dow Theory named after Charles Dow who is considered Father of Technical Analysis is a financial theory founded on a set of ideas derived from Charles H. Dow's editorials (1/13)

Frank Taber @frankinvesting

Thread/ Walter Schloss may be one of the most under appreciated investors of all-time. Warren Buffett referred to him as ‘Big Walt’. They worked together under Benjamin Graham during the 1950’s.

• Stock Market Jargons

The CE and PE stand for: CE - Call option European -style settlement. PE - Put option European -style settlement.

CA - Call option American -style settlement. PA - Put option American -style settlement.

European-style options can be exercised only on the expiry day while American-style options can be exercised any time prior to expiry.