smathew

Is there any similar US based fund like fundsmith or arisaig ?

Try contacting Kotak Mahindra securities . I remember they were allowing foreigners to open accounts , though i couldn't find link now.

Thanks !!

Also does interactive brokers allow to trade stocks now ? Earlier they used to support only trading options.

Gopinath, Can we have mutliple brokerage accounts linked to a single PIS accounts ? I have some trouble on this front . Because of this moving from one brokerage to another is big headache . Regards sajeesh

This article talks using interactive brokers institutional account instead of a typical hedgefund structure . http://www.leighdrogen.com/the-hedge-fund-structure-is-dead/

CTP . Managed to buy when it crashed to 3.5 last year . Sold at 14 few months before.

William P. Stiritz / Post Holdings

Gurufocus.com has got share count information for 10 years under their financials section. Fortunately this section is not paid. http://www.gurufocus.com/financials/KO

Another related article http://www.wired.com/wiredenterprise/2012/05/quanta-facebook-us/ I think it will take some time to see the impact this shift in networking switches . But in server market it is already happening .

See this interesting article about what google/amazon and facebook are doing in their data center http://www.wired.com/wiredenterprise/2012/03/google-microsoft-network-gear/all/1

I like this book which does a good in job explaining liberal vs conservative philosophy . http://www.amazon.com/Conflict-Visions-Ideological-Political-Struggles/dp/0465002056/ref=sr_1_1?ie=UTF8&qid=1348157519&sr=8-1&keywords=conflict+of+visions "Sowell, an economist and author (The Economics and Politics of Race, etc.), presents a provocative analysis of the conflicting visions of human nature that have shaped the moral, legal and economic life of recent times. For the past 200 years, he writes, two visions ofor "gut feelings" abouthow the world works, have dominated: the constrained vision, which views man as unchanged, limited and dependent on evolved social processes (market economies, constitutional law, etc.); and the unconstrained vision, which argues for man's potential and perfectability, and the possibility of rational planning for social solutions. Examining the views of thinkers who reflect these constrained (Adam Smith) and unconstrained (William Godwin) visions, Sowell shows how these powerful and subjective visions give rise to carefully constructed social theories. His discussion of how these conflicting attitudes ultimately produce clashes over equality, social justice and other issues is instructive"

Facebook Co-Founder: America is OK. It’s the Rules That Are a Pain http://finance.yahoo.com/news/facebook-co-founder--america-is-ok--it%E2%80%99s-the-rules-that-are-a-pain.html

Wrong way to look at it If I made 3.6b I'd fork over 400 to uncle Sam. For those that think it has something to do with other than money you guys are naive... If he is not staying in USA and doing most of the business outside USA then there can be many other reasons . Filing FBAR etc for every account/ business interest can be a real pain .

Safeway pension underfunding http://www.ft.com/intl/cms/s/0/2f021614-774a-11e1-baf3-00144feab49a.html#axzz1qFdhRBVc

I feel that is mainly because of the socialist past india had. Raising capital was tough for outsiders those days. Those who were already in the game where able to start new ventures, by getting capital from from their existing business . If you look at the indian conglomerates all of them were formed those days or before . After 1990 not many conglomerates were formed.

He got an excellent track record of compounding the capital . He compounded at 28% for 23 years http://fundooprofessor.wordpress.com/2011/03/26/the-grand-strategy-of-ajay-piramal/

I don't think any one in tech industry will dispute about amazon's technology credentials . See an old interview of eric echmidts . Valuation is another matter though . http://allthingsd.com/20110531/eric-schmidts-gang-of-four-doesnt-have-room-for-microsoft/

Process is same with all brokers .You need to open a PIS account and NRE bank account. Most of the big brokers like icicidirect/hdfc securities won't allow NRI residents from USA/canada to open brokerage account . Some of the brokers allow opening of brokerage account for NRI's from USA/Canada to my knowledge are Navia markets and Sharekhan. 1)Navia markets http://www.naviamarkets.com/nri-pio-online-investment-in-stocks.html http://blog.naviamarkets.com/news/index.php/navia-in-canada-interactive-seminars-saturdayjuly-16th-at-scarborough-sunday-17th-at-etobicoke 2) sharekhan http://www.sharekhan.com/onlineservices/nri.aspx If you contact the broker they will give you all forms for opening bank accounts , brokerage account ,dmat account etc. They will take a care of dealing with banks etc. But be prepared to make around 100 signatures in all these forms :).

If you are a person of indian origin(NRI/PIO) it is possible .