Day: August 7, 2015

Categories
Links

Weekend Mega Linkfest:August 07,2015

Some off beat reads for the weekend:

What lies behind the incredible rise & rise of Bharti Airtel (Wire)

Essar’s industry of influence (Caravan)

Sonia Gandhi:India’s most vicious politician (Media Crooks)

Sanjiv Goenka steps into the limelight (Forbes)

How Radhe Maa wore a mini skirt (DailyO)

On the Aarushi case (Jai Arjun)

My 51 years at Fortune magazine (Carol Loomis)

A Napa Valley in China (CS)

Auto Review:Our Hyundai Creta Diesel (Team BHP)

Nitish Kumar:Caught in the DNA web (OpIndia)

When does one say ‘No’ to business? (Subroto Bagchi)

Get Fare Estimates for Uber Taxis on Twitter (Labnol)

The bureaucrats who singled out Hiroshima for destruction (Atlantic)

Mumbai after Yakub’s hanging (Open)

Does the Congress party owe India reparations? (Newslaundry)

Categories
Tweets

MF Advisor’s career explained in one line

Categories
Anecdotes

David Koch on how he became wealthy

David Koch is one of the richest men on the planet.

Here is his explanation on how he became so wealthy:

“You might ask: How does David Koch happen to have the wealth to be so generous? Well, let me tell you a story. It all started when I was a little boy. One day, my father gave me an apple. I soon sold it for five dollars and bought two apples and sold them for ten. Then I bought four apples and sold them for twenty. Well, this went on day after day, week after week, month after month, year after year, until my father died and left me three hundred million dollars!”

-from New Yorker

Categories
Links

Linkfest:August 07,2015

Some stuff I am reading today morning:

Govt to divest stake in 5 Companies (Bloomberg)

Top investors pile into Uniply Industries (RJ)

The battle for control of the 500 Crore Ashapura empire (Mumbai Mirror)

Nomura Research:Buy Hero MotoCorp  (MyIris)

Why the ‘100 minus age’ rule doesn’t work (BL)

The 5 best ways to waste money (Scott Fearon)

Where is gold headed? (Daily Reckoning)

Saudi Arabia may go broke (AFR)

How to replicate private equity with leveraged small cap stocks (Alpha Architect)

60 Value Investing Resources (Old School Value)