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Links

Linkfest: March 30,2015

Some stuff I am reading today morning:

Spectrum Auctions:The cost of consolidation is high (Mint)

Catholic Syrian Bank to file for IPO in April (Reuters)

NBFCs want to offer 0% EMIs online (Capital Mind)

Peak Gold? Goldman Sachs calculates only 20 years of supply is left (ZeroHedge)

Edelweiss Research Report: ITC (MyIris)

Howard Marks on Liquidity (OakTree)

Dealing with trading setbacks (Adam Grimes)

Lee Kuan Yew’s legacy (Insecurity Analyst)

Going to a top business school will cost you 99,000 $ per year (Bloomberg)

The man who ranks the world’s best whiskies (BS)

Categories
Poems

10 Little Aaptards

Source: Shefali Vaidya

Categories
Excerpts

The Best Insurance Policy

Wise words from Lee Kuan Yew which people in risky professions (think trading,glamor etc) might do well to heed:

“I was dead set against the system. But going into politics meant a hazardous, peril-fraught career.

“It’s not a career, it’s a vocation. You’re taking a plunge, no return. And if you fail, you pay for it with your life. The communists, if they fix you, they fix you good and proper.”

But, he admits, he had the luxury of allowing his convictions to rule his decision as his wife, Kwa Geok Choo, was herself a successful lawyer.

“My great advantage was I have a wife who could be a sole breadwinner and bring the children up. That was my insurance policy.

“Without such a wife, I would have been hard-pressed. To be fair, I was able to make these decisions because I had this fall-back position, I was insured.”-said Lee Kuan Yew

Categories
Image

Two very old lessons

Categories
Poems

You’re bored, child?

 Look at the birds.
Learn to listen to their chatter,
Their flitting, twittering flights for no
Discernible purpose; the clatter
And the cawing of that black crow,
The furtive, dry-leaved peck and scrape
Of blackbirds blundering in a bush
Seeking worms and beetles; the shape
Of the wagtail’s wing; the shove and push
Of tits among the bacon rinds;
The eerie, invisible knock,
Knock knock as a woodpecker finds
A bark grub; the wheeling starling flock.
Look at the birds.

Look at the earth.
Scoop up a handful in your palm.
Not for nothing have men plundered,
Murdered, fought and wrought great harm
Among their kind — whole empires sundered —
Just to own it, or to believe
They did. Crumble it. What’s it worth?
Ask a farmer stooping to sheave
A field of sun ripe wheat. The Earth!
The land! Listen, listen to me!
The blood of kings lies in your hand,
What came before— and what shall be.
Think on it. Seek to understand.
Look at the earth.

Look at the sky.
An emptiness? The blue-walled womb
Of all that is, of all that ever
Grazed or grew or swam — and met its doom —
Beneath our tyrant sun. Forever
Heaving, blowing, sleeting, snowing,
Raining, resting — bringing with the night
Its velvet, eerie canvas, glowing
With long dead messengers of light.
And yet, who looks— with wit to see?
Should you take long enough to chart
This wheel of time and mystery
Life’s miracle will swamp your heart.
Look at the sky.

You’re bored, child?

wrote Felix Dennis