A long watch but probably worth your time
A long watch but probably worth your time
Author: Raoji
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He doth protest too much
Asked if government support for businesses had declined because of recent controversies, Naveen Jindal said: “What kind of support? In India things happen despite the government, in spite of the government. In terms of handholding or supporting or guiding, does anybody do it? Does anybody anywhere in the country welcome any investor? Does anybody welcome you? Does anybody say ‘thank you’? In other countries they welcome you, and thank you for being a big investor.”
Hmm…wasn’t he kicked out of Bolivia as well?
Also, find it fairly amusing how quickly the thin veneer of civilization wears off our “captains of industry”.Naveen Jindal is the highest paid CEO in India and yet he tried to hit a journalist asking tough questions.Guess you can take the CEO out of Haryana but not the Haryanvi out of the CEO !!
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Waiting for the weekend
Somehow can’t wait for the weekend to begin.Perhaps reading this poem triggered it.
“A Drinking Song” by Yeats:
WINE comes in at the mouth
And love comes in at the eye;
That’s all we shall know for truth
Before we grow old and die.
I lift the glass to my mouth,
I look at you, and I sigh.
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Linkfest:Sept 13, 2012
Some stuff I am reading today morning:
Capt. Gopinath’s new flight plan (BS)
The iron ore conundrum (Mint)
NSE rejigs charges (MoneyControl)
Ray Dalio on Europe (BusinessInsider)
Volatility,correlation and dispersion trades (ClimateerInvesting)
Marketing is dead (HBR)
Valuation Class online (AswathDamodaran)
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The share buyback indicator
A great chart which explains why you can have a bull market without retail investor interest.Amazed to know that S&P 500 equity is shrinking by 3% every year due to buybacks.