Categories
Links

Linkfest: 07 July,2014

Some stuff that I am reading today morning:

How expensive is the Indian market? (Mint)

Delhi tops list for property fraud cases (FE)

10 stocks to watch out after budget (BS)

Why Mercs are selling like hot cakes in India (BL)

Chinese Tycoon Guo copying Buffett rises from bread to Club Med (Bloomberg)

A lesser known gem by Ben Graham (Basehitinvesting)

When to be a contrarian (DragonFly)

The most important Q every investor must answer (TradersJournal)

Larry Page:Maybe we should all be part time workers (TRB)

A Simple Q to boost your portfolio by 200% (DailyReckoning)

Categories
Tweets

Yo Tata Sky is so advanced

Categories
Links

Weekend Mega Linkfest:04 July,2014

Some off beat reads for the weekend:

What Madhuri Dixit did next (Caravan)

The Backward is the New Brahmin (Open)

The new Saffron Shah (Tehelka)

Tata Motor’s shareholders revolt (FirstBiz)

Movie Review:Ek Villain (VigilIdiot)

Travelogue:A trip to Antartica (Afar)

Inside Brazil’s most infamous brothel (RollingStone)

How New York Real Estate became the new Swiss account (NYMag)

Why Pepsico CEO can’t have it all (Atlantic)

The most dangerous firework:The Sparkler (Slate)

Buying a car battery online (TeamBHP)

India’s Iraq problem (JaswantSingh)

Reactions to Sagarika Ghose quitting CNN-IBN (UnrealTimes)

Why Ness Wadia is a douche bag (Open)

How Analjit Singh’s daughter is building a new address for senior citizens (ForbesIndia)

Categories
Video

Stock Picking Skills not required in this bull market

Categories
Excerpts

Go out and get some milk

This is about 14 years ago. I was working in the office. I work very late, and we were in the middle of the Quaker Oats acquisition. And I got a call about 9:30 in the night from the existing chairman and CEO at that time. He said, Indra, we’re going to announce you as president and put you on the board of directors … I was overwhelmed, because look at my background and where I came from — to be president of an iconic American company and to be on the board of directors, I thought something special had happened to me.

So rather than stay and work until midnight which I normally would’ve done because I had so much work to do, I decided to go home and share the good news with my family. I got home about 10, got into the garage, and my mother was waiting at the top of the stairs. And I said, “Mom, I’ve got great news for you.” She said, “let the news wait. Can you go out and get some milk?”

I looked in the garage and it looked like my husband was home. I said, “what time did he get home?” She said “8 o’clock.” I said, “Why didn’t you ask him to buy the milk?” “He’s tired.” Okay. We have a couple of help at home, “why didn’t you ask them to get the milk?” She said, “I forgot.” She said just get the milk. We need it for the morning. So like a dutiful daughter, I went out and got the milk and came back.

I banged it on the counter and I said, “I had great news for you. I’ve just been told that I’m going to be president on the Board of Directors. And all that you want me to do is go out and get the milk, what kind of a mom are you?”

And she said to me, “let me explain something to you. You might be president of PepsiCo. You might be on the board of directors. But when you enter this house, you’re the wife, you’re the daughter, you’re the daughter-in-law, you’re the mother. You’re all of that. Nobody else can take that place. So leave that damned crown in the garage. And don’t bring it into the house. You know I’ve never seen that crown.”-said Indira Nooyi,Pepsico CEO