“Fucking Eric Schmidt is a fucking pussy!I’m going to fucking bury that guy! I have done it before and I will do it again. I’m going to fucking kill Google.”- said Microsoft CEO, Steve Balmer
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Author: Raoji
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Offbeat Weekend Reads:July 28, 2012
Some interesting off beat reading for the weekend:
Not just a migrant headache (IndrajitHazra)
How not to invest in Myanmar (ForeignAffairs)
London Olympics:The most embarrassing opening ceremony? (Forbes)
How much does a US college education actually cost? (Atlantic)
Mumbai’s BEST buses (TeamBHP)
The mythical rise of Asian Americans (ProjectSyndicate)
Spoof:Manmohan Singh changes his name to Gandhi (UnrealTimes)
Karl Rove is back full time (BusinessWeek)
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The dog that did not bark
Normally, any takeover news is a huge boost to a stock.
Today’s Mint had a cover story on Onmobile which said that there were multiple offers for Onmobile and the company was “in play”
Despite this positive news and the fact that today the markets were up by 1.13% today, Onmobile stock tanked by 1.5%.
A mystery for Sherlock Holmes to solve or another case of “sell on the news”?
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What was that again?
If I can give you one piece of financial advice, it’s: If somebody offers you a guaranteed 7% on your money for the rest of your life, you take it and just make sure the guy’s name isn’t Madoff.- said Mayor Michael Bloomberg
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Zynga and its Rating summary
Zynga was touted as one of the hottest IPOs on Wall Street.It has lost 75% of its value since its debut last Dec.Its interesting to see how wildly optimistic ratings were given to the stock by sellside brokerages.
(Hattip:TRB)