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Interview

Prem Watsa:Modi is the Lee Kwuan Yew of India

I am inspired by the Prime Minister because for the first time in about 67 years this country has a prime minister who is pro-business, a prime minister with a track record of achievement in Gujarat, a prime minister who is not corruptible, a prime minister who is focused on what is good for the country and has huge ambition for India. I think of Lee Kwuan Yew in Singapore, I have said publicly in Canada, Mr Modi is the Lee Kwuan Yew of India. For a person who has done it in Gujarat, the opportunity will be unlimited in India and India is blessed to have a leader of Prime Minister Modi’s qualities and talents. Once in a while a country gets lucky to have a leader like Narendra Modi. India is going to be a land of opportunity again. It is going to be great for everybody. There are very few countries in the world today that are as exciting as India.

said Prem Watsa, known as the Warren Buffett of Canada

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Video

StanChart: India Stocks Top Pick in Asia

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Links

Linkfest:November 24,2014

Some stuff I am reading today morning:

Retail investors not wanted (Capital Mind)

Net FII inflows set to touch 40 Billion $ (Mint)

Why countries wage currency wars (Bloomberg)

Kotak-ING Vysya Bank-The story in pictures (Capital Mind)

How to win any argument about the markets (CommonSense)

Investing and the intertemporal conundrum (PragCap)

Why I love investing (Fool)

Go where it is darkest (AswathDamodaran)

10 Signs you have been on Wall Street too long (TRB)

The fake language debate (MediaCrooks)