Linkfest:Oct 30, 2012

Some stuff I am reading today morning:

RBI facing pressure to cut rates (Moneycontrol)

India lays out deficit targets (WSJ)

Congress will use direct cash transfers as main weapon in 2014 elections (ET)

The case for building rental housing (Mint)

Compound experience not just interest (Abnormal Returns)

Stunning images of Manhattan under water (BusinessInsider)

The incredible shrinking half life of Central Bank Action (ZeroHedge)

Passive Asset allocation Vs the world (CapitalSpectator)

Sunk costs and investing (AswathDamodaran)

A Russian ship with 700 tons gold gone missing (NYTimes)

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