[Newsletter]: Quick glance of Indian market & more

🔆 Saturday Coffee Newsletter

• Market Overview: Top Stocks & Asset Classes

• Off the Charts: Nifty Vs the world

• Good Reads: 5 good reads on investing & finance

• Pop Quiz: Answer and win a cool prize!

What’s up with markets? 📉📈

Yet another bad week for IT stocks as the index dropped 5.4% this week and 18% over the year. PSU bank stocks were up 2.1% for the week and are having a fantastic 1 year run. Look how the cycles have turned for both these sectors!

Nifty Vs the World 📉📈

From being the most resilient market after Covid crash, US stocks are having the a tough last one year. Nifty 50 is flat in the last year while the french index CAC has had a great last 1 year.

What we are reading 📝

Peter Lynch had 300% turnover per year, Greenblatt around the same, Buffett 50%+ during his best decades. Portfolio turnover is the price of progress. Read: Conviction Investing

International author and investor Pulak Prasad shares three evolution-inspired pillars on long-term investing. Watch: What I Learned About Investing From Darwin with Pulak Prasad

A lot of people across the spectrum seem to be finding it difficult to deal with all the ambiguity around us. There are no easy answers, but probably we need to relook at a lot of conventional wisdom and the way we look at things. Read: Investing for the Future - Learning from Leonardo

Why it’s so difficult to outperform the market? Read: Would You Rather Outperform During Bull Markets or Bear Markets?

Here’s a guide that will help you read more deeply and remember what you read for years to come. Read: Reading Better: Retaining and Applying What You Read

Pop Quiz 🙋‍♂️

It’s simple. Reply to this email and answer the question.

________ was originally an Italian alcohol remedy drink created by 19th century. In 1965, Italian doctor Cesari Rossi and Indian businessman Khushroo Suntook introduced this brand in India by setting up a factory in Thane. It was initially sold only in luxury hotels and restaurants in Mumbai in glass bottles in two varieties – bubbly and still.

In 1969, the Jayantilal Chauhan family of Parle Group acquired this struggling brand, which was looking to exit the Indian market, for ₹4 lakh. This brand was recently in news when Tata Group was looking to acquire it at 7000 crore valuation.

Identify the brand. Fill in the blank.

Hit reply to this email and answer.

Each week, we randomly pick one winner who gets something cool!

Last week’s winner: Rohit S 🎉

Last week’s answer: Meme Stocks

(If you’re reading this on the website and want to participate in the quiz, subscribe to the newsletter.)

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