Letter No. 140
Shares of microfinance companies have plunged 50-75% from this year’s highs, raising alarm bells. Why are these businesses so deeply cyclical? Are they worth investing in, and how should they be valued? In today’s article, we explore these questions, drawing insights from Vikram Akula’s book: Micro-meltdown.
Read more: https://tinyurl.com/uc9yzbrs
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Name of Trust: Buoyant Capital AIF
Name of Scheme: Buoyant Opportunities Strategy
SEBI Registration No.: IN/AIF3/22-23/1125
Validity of AIF: September 02, 2022 – Perpetual
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Date of first close: 19th November 2022