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Links

Weekend Mega Linkfest:Feb 15,2013

Some interesting off beat reads for the weekend:

How Arindam Chaudhuri made a fortune off India’s middle classes (Caravan)

Interview of Lt.Gen Shahid Aziz of Pakistan on the Kargil war (Outlook)

An application for the job of the Pope (Open)

Prachanda’s long tussle for power in Nepal (Caravan)

Manmohan Singh’s doodles (Newslaundry)

How Motherson Sumi became a giant auto parts manufacturer (ForbesIndia)

Stock Selection:The most important number (Moneylife)

Andaman & Nicobar Islands:A security challenge (IDR)

How Tom Serres raised 8 Million $ in two weeks (Forbes)

Why beef is becoming more like chicken (Slate)

The return of Muqtada al-Sadr (ForeignAffairs)

50 years ago:The world in 1963 (Atlantic)

The Hollywood portfolio (VanityFair)

Salesmen of the Apocalypse (BusinessWeek)

Massive meteor breaks over Russia (Smithsonian)

The world of master criminals (GreatBong)

The story behind the Pope’s resignation (UnrealTimes)

Michael Jordan has not left the building (ESPN)

Anatomy of a Heroin ring (Chicagoreader)

How did Susan Miller become the go-to astrologer in New York? (Nymag)

Pandora’s inbox (SashiTharoor)

Categories
AGM

How Indian investors get a lifetime of free meals !

In one of the AGMs that I attended, there was an impatient “investor” sitting next to me.

He confided to me that he was waiting for this AGM to get over so that he could have his lunch and then he could attend two more AGMs !

I remarked that he must be having lots of shares to attend so many AGMs. He replied in Hindi “Nahi, Nahi.Sab mein 5-10 shares hai .”

Looking at my puzzled expression, he explained” You buy 5-10 shares of a company.In a AGM, they normally have a meal (lunch or snacks). If the venue is nearby, you attend the AGM.By attending two/three AGMs, you recover the cost of your shares.Sometimes the management gives gifts also.Plus, you get dividends and a lifetime access to free meals !”

If Ben Graham heard this approach to value investing, he would probably turn in his grave !

Categories
InvestorPresentations

Dr.Reddy’s Labs:Q3 FY 2013 Presentation

[gview file=”https://alphaideas.in/wp-content/uploads/2013/02/drreddy_pressmeet_presentation_Q3FY13.pdf”]

Categories
Gold

The world’s most gold hungry country

Categories
Education Infographics

The value of a master’s degree