Categories
Quotes

What was that again?

Civilized people don’t buy gold.They invest in productive businesses.

Algorithmic traders have the same social utility like rats in a granary.

 

-Charlie Munger said in an interview

Categories
Links

Linkfest:May 8, 2012

Some stuff I am reading today morning:

HDFC to enter education sector (BusinessLine)

Europe’s road to recovery is filled with pain – Buffett (MoneyControl)

India blinks on tax rules (WSJ)

The rupee:to buy or to sell ? (Mint)

A report card on India’s top four IT players (BusinessStandard)

Greece at new risk of being pushed out of the Euro (WashingtonPost)

Steve Wynn explains why Chinese people gamble the way they do (BusinessInsider)