10 things to know this week Jan 13, 2017

Here are the ten interesting things to know this week, ended Jan 13, 2017.

India:

1) Howard Marks says a piece of advice from Warren Buffett perfectly sums up the problem with economists, experts, and the media
Marks noted that perhaps the best advice he’s gotten on the foolishness of predictions came during a dinner he had with Warren Buffett. Read mode: [Business Insider]

2) Tata Sons’ chairman N Chandrasekaran may follow leadership style of JRD Tata
The brass at Tata Sons has discussed the possibility of adopting a model that was practised by Ratan Tata’s predecessor, the late JRD Tata, in which each flagship company had its own chairman. Read more: [Economic Times]

3) Would rather sit on cash than buy Nifty50 stocks: Kenneth Andrade
In a chat with ET Now, Kenneth Andrade talks about values and how the long term investing trend have change post cash ban in country along with tracking Q3 numbers and macros. Watch video: [ET Now]

4) New aircraft to trim costs by 15-17% in long run: SpiceJet Chief
The low-cost carrier, on Jan 13, announced a mammoth deal worth Rs 1,50,000 crore to purchase 205 aircraft from the US-based aircraft maker Boeing.  Watch video: [Moneycontrol]

5) InterGlobe Aviation, SpiceJet, Jet Airways: Which airline stock to buy?
Aviation companies such as InterGlobe Aviation, SpiceJet and Jet Airways performed relatively better on a year-on-year basis in terms of topline and bottomline growth.  Read more: [The Financial Express]

6) Retail growth, increase in revenue make Arvind Ltd good long term bet
Arvind’s garments segment holds several well-known foreign-licensed brands such as Arrow, Tommy Hilfiger, US Polo, Flying Machine, Calvin Klein, Nautica and Izod. Read more: [Economic Times]

Global:

7) Warren Buffett, Bill Gates and Jack Ma are betting big on this sector
Wall Street is seeing an $8.7 trillion boom in this investment strategy, says David W. Richardson.  Read more: [CNBC]

8) King dollar could kill the Trump rally, Mohamed El-Erian says
The biggest risk to the rally may turn out to be something the new administration can’t do anything about, El-Erian tells CNBC. Read more: [CNBC]

9) Three reasons for you to drive away from auto stocks
Jim Cramer shared his reasoning why investors should steer clear of automotive stocks. Read more: [CNBC]

10) Bill Gross names the key market number that investors have to watch this year
Investors need to watch only one number to figure out what returns are going to look like across the various markets, bond guru Bill Gross says. Read more: [CNBC]

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s