
Newsletter: CEO's letter as we turn 9, 5 Good Reads & A Quiz question!
It seems like everything performed well this week, with crude oil notably making strides towards the $100 mark. Both gold and silver have seen an increase of 1.4%, while the Nifty index has gained 0.8% over the course of the week.
🔆 Saturday Coffee Newsletter
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Market Overview: Top indices & asset classes
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9 years of Capitalmind: Letter from Deepak Shenoy
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Good Reads: 5 good reads on investing & finance
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Pop Quiz: Answer and win a cool prize!
What’s up with markets?
What’s up with markets? 📉📈
It seems like everything performed well this week, with crude oil notably making strides towards the $100 mark. Both gold and silver have seen an increase of 1.4%, while the Nifty index has gained 0.8% over the course of the week.

Realty and metal stocks had an exceptional week, with their respective indices surging by an impressive 5%. Looking at the performance over the past 3 months, media stocks have seen a substantial increase of 29%, while realty stocks have outperformed even more significantly with a remarkable 36% gain.

Reflecting on the year gone by, as we turn 9!
Last week, Capitalmind turned 9 on August 26. It’s been a good time building what was initially about markets and content, and in 2017 moved into asset management. As a portfolio manager, we now manage 1290 cr. of customer money into Indian markets, largely equity.
A big thank you, our readers, for your support and confidence in us. Helps us keep going.
Deepak Shenoy, CEO & Fund Manager, Capitalmind, wrote down a note to mark this day.
What we are reading
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Anoop Vijaykumar writes a fantastic post about ​Ten Money messages I would share with my younger self​
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Here’s an important distinction to make in life. Read: ​Intelligent vs. Smart​
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Knowing how much to invest behind each holding is a critical but under-discussed component of portfolio returns. Read: ​Position Sizing: Optimizing for Better Returns​
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Value investing strategies come in many styles. However, the two styles that stand out the most act like bookends to the value philosophy. Read: ​Wise Words on Value Investing​
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Most people believe that investing is the science of generating a return on capital. That is an accurate but incomplete assessment. Read: ​Investing is the Study of Human Decision Making
Pop Quiz
_________ was an indigenous carry-forward system invented on the Bombay Stock Exchange as a solution to the perpetual lack of liquidity in the secondary market. ____________ were banned by the Securities and Exchange Board of India (SEBI) in 1993, effective March 1994, amid complaints from foreign investors, with the expectation that it would be replaced by a futures-and-options exchange.
Such an exchange was not established and _______ were legalized again in 1996 (with a carry-forward limit of Rs 200 million per broker) and banned again on 2 July 2001, following the introduction of futures contracts in 2000.
Fill in the blank with his hindi term in reference to a stock market transaction mechanism.
Hit reply to this email and answer.
(If you’re reading this on the website and want to participate in the quiz, subscribe to the newsletter.)
Each week, we randomly pick one winner who gets something cool!
Last week’s winner: K V Shenoy
Last week’s answer: Finger foods (chakna is also a right answer, technically)
Last week’s question is ​here
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