“Gold is unique because it has the age-old aspect of being viewed as a store of value.Nevertheless,it’s still a commodity and has no tangible value, and so I would say gold is a speculation.
But because of my fear about the potential debasing of paper money and about paper money not being a store of value,I want some exposure to gold.”-Seth Klarman
Some stuff I am reading today morning:
Thirsty for income?Try dividend growth (Bernstein)
How market tops get made (Bloomberg)
For every Indian rupee lent,13 paise go bad (FE)
Why investors are betting big on Indian e-commerce firms (Mint)
Four Infra Stocks stand apart (BS)
Understanding risks (Subramoney)
Real Estate crisis will devastate state finances (FirstBiz)
Twitter is the new CNN (TRB)
There is a Modi Wave (SurjitBhalla)
The notion of Alternative Histories (NassimTaleb)
