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Linkfest:14 Apri,2014
Some stuff I am reading today morning:
Little known companies ride the market rally (ET)
Modified rally in Adani stocks not backed by fundamentals (BS)
Shares of Gujarat based companies soaring like crazy (FirstBiz)
How to deal with the uncertainty of trading (TraderFeed)
Don’t get dazzled by glittering growth (WSJ)
Is this the beginning of a crash? (TRB)
Is Arnab leaving Times Now? (GossipGuru)
Why 2002 will haunt Rajdeep and Barkha (Mediacrooks)
The Art of the Insult (BigPicture)
East India Company-The world’s first too big to fail firm (Climateer)
A long watch but well worth your time.
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Weekend Mega Linkfest: 11 April,2014
Some off beat reads for the weekend:
Why we eat and why we gain weight (NewYorker)
Amit Shah:His Master’s Mind (Open)
Crony Capitalism: Navin Jindal (Outlook)
The Travails of India’s first Election Commissioner (Caravan)
When Vajpayee gave Sonia Gandhi a lesson in Rajneeti Dharma (NitiCentral)
This tower pulls drinking water out of thin air (Smithsonian)
Samsung’s war at home (Businessweek)
Learning to love middle age (NYMag)
Living in a world of low real interest rates (ProjectSyndicate)
Travelogue:Ooty & Conoor (TeamBHP)
In Pictures:How BJP’s delayed manifesto destroyed Modi’s chances (UnrealTimes)
Stillness & Tehzeeb -Waheeda Rehman (JaiArjun)
Dawkins on Imran (Dawn)
Pakistan:Politicians Vs Army (Economist)
Biologists confirmed God evolved from Chimpanzee Diety (Onion)
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Management Lessons:Adani Style
In the late 1990s, an employee of Adani Exports took a wrong call in sugar trading, resulting in a Rs 20-crore loss. Fearing he would be sacked, he apologized for the grave mistake and handed in his resignation letter. Gautam Adani, in his thirties then, tore up the resignation and told him with a smile: “I know you will not make a similar mistake in future because of this lesson. Why should your next employer benefit from this learning when I have paid the price for it?”
Close associates say Adani has a great ability to win over people, political or otherwise. When Mundra port was being built, a consultant came up with a novel idea of building floating break-waters to contain sea waves at the cost of Rs 7 crore. The experiment sunk — literally — within 20 minutes of its execution. Adani, who watched the disaster calmly, turned to the consultant and put his arm around his shoulder. “Well tried,” he said before leaving. The consultant broke into tears and worked for the group for the next 15 years.-from ET