Weekly Fin-Fun NewsLetter #77
Stock of the Week, Charlie Munger, Kafka, Greenblatt, Gambler who beat Rolette.
Eid Mubarak to you ! May this Eid bring you and your loved ones joy, peace, and prosperity. Enjoy the festivities and cherish the blessings of this special occasion
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Nifty currently in Red Zone, Longs above 17700 levels only.
Ditto with Bank Nifty, Longs above 42270 levels only.
Stock of the Week
J Kumar Infraproject - CMP 266
J Kumar Infraprojects Limited is engaged in the business of execution of contracts of various infrastructure projects including Transportation Engineering, Irrigation Projects, Civil Construction and Piling Work etc. [1]
KEY POINTS [ edit ]
Services
The Co. is engaged in the construction of elevated and underground metro projects, roads, flyovers and bridges and civil construction activities. It has executed around 90 projects in the construction space. It is one of the very few construction players in the country that can qualify for large-sized complex projects without joint ventures. [1]
Revenue Mix - FY22
Metro (Elevated) - 35%
Metro (Underground) - 19%
Flyover & Road - 41%
Civil & Others - 5% [2]
Some interesting Reads and Tweets
For anyone who doesn’t have TikTok: there’s a trend at the moment where people are romanticising their lives by editing them like Wes Anderson and it’s honestly so creative and wholesome
https://twitter.com/zoenora6/status/1648444599864795139?t=J_vRALCc1yU9qbVFDT85YA&s=08
In 1981, Joel Greenblatt authored a paper on buying stocks selling below their liquidation value, and ran some backtests with impressive results. It was called 'How the Small Investor Can Beat the Market'. Here are a few takeaways from the paper.
https://twitter.com/InvestmentTalkk/status/1648363260498919441?t=trNtFja44OcJfGr6cK-_sg&s=08
When the protagonist of a film destroyed his career by eloping with the heroine who also happened to be the producer's wife, it led to the emergence of the first genuine superstar of Hindi cinema. A thread (1/17)
https://twitter.com/Paperclip_In/status/1648895317469954049
*Story Time* At 40, Franz Kafka (1883-1924), who never married and had no children, walked through the park in Berlin when he met a girl who was crying because she had lost her favourite doll. She and Kafka searched for the doll unsuccessfully.
https://twitter.com/ruchitgarg/status/1648342164102057985?t=Q_BmStDM25Jy-G83p7gXjg&s=08
Charlie Munger spent the last 9 decades reading and learning. He considers reading to be the main reason for his success. According to him, he has never seen an intelligent person not reading all the time. Here are 7 (+1) of his all-time favorites
https://twitter.com/MnkeDaniel/status/1648300149410496513?t=YgtgKzuROjW29Nvai6_6hQ&s=08