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Anecdotes

Jamie Dimon on getting fired

I went home and I sat my three little girls down. They were probably at the time 10, 8 and 6. I said girls, I’ve got to tell you something. I resigned, but that really means I no longer have my job. I was fired but I want you to know I’m completely okay. And my little one said ,”Daddy, do we have to go sleep on the streets?” I said, “No, sweetie, we’re here, we’re fine, we’re fortunate everything’s going to be exactly the same except Daddy’s going to be home a bit more.” And the middle daughter, who was always obsessed with college, said, “Can I still go to college?” I said, “Of course you can still go to college.” And the oldest one said, “So if everything’s okay, can I have your cell phone? You won’t be needing it-from Bloomberg

 

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Technology Video

Technology:Introducing WildCat

I have seen the future of the US Army !

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Image

Peter Lynch on the probabilities of investing success

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Video

Oil Prices may crash in 2014

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Links

Linkfest:Dec 17,2013

Some stuff I am reading today morning:

Over 2 dozen executives sacked in Private Equity (ET)

GSK Pharma parent makes Rs6,400 Crore open offer (Mint)

Anil Agarwal’s many struggles in India (BS)

What CEOs say you need to get ahead (Bloomberg)

Switching of Mutual Funds-A Primer (BeMoneyAware)

How LIC policy was surrendered using forged signature (JagoInvestor)

Best Term Insurance Plans in India (MyInvestmentIdeas)

Gold is collapsing (IndexUniverse)

How to make money collecting art (DailyReckoning)

Watch out for the January Junk Stock Effect (Barrons)