Categories
Links

Weekend Mega Linkfest: 01 December, 2017

Some off beat reads for the weekend:

The Hindu Inflexion (Swapan Dasgupta)

How BJP took control of Amul (Scroll)

Is Rahul Gandhi a charlatan? (Kanchan Gupta)

The new American Way of War (Time)

Why a generation in Japan is facing a lonely death (NYTimes)

How the sandwich consumed Britain (Guardian)

Will Myanmar’s Rohingya rebels respond? (ATimes)

Pakistan: The rot within (Dawn)

Arabs,Jews and Israel’s pork industry (Long Reads)

The delusion that could conquer the world (Atlantic)

A much hyped startup-Carnation-goes bankrupt (TeamBHP)

Assertiveness Training (Susan Sheu)

Keystone habits: How small changes can improve your life (Louis Chew)

Operation Trident: Indian Navy’s greatest victory (BI)

Lakshadweep Diary (Outlook)

Categories
Chart

Chart: The Modi decision that changed India

Source:Mint

Categories
Observations

The Porinju Effect

Around 11:20 am today, well known PMS fund manager Porinju Veliyath tweeted as below:

 

The effect on the stock price was immediate

Categories
BookReview

Book Review: India’s Most Fearless

The Book ‘India’s Most Fearless’ is written by journalists Shiv Aroor and Rahul Singh.

Not many of us realize it, but India has been in a constant state of war since Independence.These conflicts range from Kashmir,North East and the Naxalite regions.

That we are able to carry on with our lives peacefully is because our soldiers,sailors and air warriors are on a constant state of mission alert.

The Book brings into stark relief the courage, fearlessness and patriotism of our men in uniform.

It covers 14 true stories of military exploits and some of them such as the surgical strikes in Pakistan,Myanmar etc gave me goose-bumps.

The Indian Army has the highest incidence of officer mortalities…the heroic exploits in the book makes us understand why.

As one reads the stories,I am stuck how truly pan-Indian our armed forces are-they are brave hearts from every part of the country-Mumbai, Haryana, Chennai, Arunachal Pradesh etc

Every soldier comes from a family who loves him dearly and does not wish to see him in harm’s way. And yet for the sake of duty,country and honor,they know it is inevitable

The Book does a fine job of bringing out these emotions…found some of the pages heart wrenching.

For instance, the words of the wife of Late Havildar Dada on receiving the Ashok Chakra from President Pranab Mukherjee:

“Dil mein toh ro rahi thi, par sabko apne aansoo kaise dikhati?Aakhir mai Dada ki wife hoon, aur Dada ki wajah se wahan hoon jahan hoon”

Another incident which shows the remarkable grit and courage of the families of armed forces is the incident of one of India’s finest pilots-Vikas Puri.

He was not doing fine at the NDA academy and his instructor wrote to Puri’s father advising that Puri is not suitable to be a pilot.

Puri’s father replied furiously:

Girte hain shahsawaar hi maidan-e-jung mein

Woh tifl kya girenge jo ghutnon ke bal chale?

It is only those on the horse will fall on the battle-field

How will they fall those who crawl on their knees?

My son has dreamt to become an airforce pilot and you are taking away his dream.

You can kick him,kill him, but I want to see him as an air force pilot.

Vikas Puri not only became one of India’s finest helicopter pilots but was also decorated with the Vayu Sena Medal for gallantry.

Not only do I strongly recommend this book,but I also commend this book to your kids.They ought to know about the sacrifices made by our armed forces.

Categories
Links

Linkfest: November 29, 2017

Some stuff I am reading today morning:

I-T notices to 1.16L for cash deposits over 25L (MC)

RERA impact: Small,mid-size firms struggle (Mint)

A new banking era  (ET)

NSE was never clean (Subramoney)

Bangalore Bus City Conductors as financial whizkids (TOI)

Warren Buffett sold puts  (CBOE)

Bitcoin just got real (TRB)

How to manage an asset price mania (like Bitcoin) (PragCap)

Stop bashing the Halo Effect (Intelligent Fanatics)

Things worth spending max money on (FS)