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One Reason why People fail at Investing
Author: Raoji
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Linkfest: 22 March, 2019
Some stuff I am reading today morning:
How the Nair family lost Leela (MC)
End of the road for Mindtree Promoters (ET)
T-Series is the world’s # 1 YouTube Channel (BS)
Saving Jet Airways (BL)
Company Profile: LG India (Fortune)
Investing strategies of Millionaires (Subramoney)
How Gold lost it’s glimmer (Forbes)
Why Book Value has lost it’s meaning (Economist)
Second Chances are important (TRB)
Competing Takes (Common Sense)
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Mindtree: Emotional Atyachar
Source: Letter to Employees by Mindtree Founder, Subroto Bagchi
I think this country needs more hostile takeovers not less.
If the Founders want to retain control of Mindtree, they should up the ante and make a better offer to the shareholders.
This saga reminds me of one of my favourite movie clips:
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There ain’t no Post-Election Rally
Hat Tip: D Kapadia
Amusing to see a company being acquired before it is incorporated !
