A great great read for people who have read Niederhoffer’s books and followed his career
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Day: May 19, 2012
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Thats as good as money, sir
With most govts issuing more and more debt (IOUs), am reminded of this great line from the movie Dumb & Dumber:
That’s as good as money, sir. Those are IOUs. (hattip FTAlphaville)
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What was that again?
“When the history of the Indian economy is written two decades from now,” says noted economist Bibek Debroy, “we will look back at the 2004 to 2014 decade as one that was just as damaging as mid-1960s to mid-1970s, if not worse.”
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Weekend Links:May 19, 2012
Interesting reads for the weekend:
The news that ought to be the headlines (Tehelka)
Can you take it Chandan Mitra? (NewsLaundry)
Devils in the Diva-Whitney Houston (VanityFair)
Can science explain why we tell stories ? (NewYorker)
The epic battle to defend Facebook’s IPO price (TRB)
Catching “the world’s most prolific criminal fixer of soccer matches (ESPN)
Dr. Sreedharan-the Bharat Ratna nobody talks about (Kaipullai)