Steve Wynn is one of the richest men in the world.
In this must watch video, he mentions how his family started from scratch in America and analogies to Chinese consumers
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Author: Raoji
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What was that again?
Civilized people don’t buy gold.They invest in productive businesses.
Algorithmic traders have the same social utility like rats in a granary.
-Charlie Munger said in an interview
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Linkfest:May 8, 2012
Some stuff I am reading today morning:
HDFC to enter education sector (BusinessLine)
Europe’s road to recovery is filled with pain – Buffett (MoneyControl)
India blinks on tax rules (WSJ)
The rupee:to buy or to sell ? (Mint)
A report card on India’s top four IT players (BusinessStandard)
Greece at new risk of being pushed out of the Euro (WashingtonPost)
Steve Wynn explains why Chinese people gamble the way they do (BusinessInsider)
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Will Tilaknagar Industries Follow?
In earlier posts here and here, I had mentioned that a departing CFO indicates bearish times ahead for the stock.
This was also proved by the departure of the CFO of Educomp Solutions and the damning report by Espirito Santo on the stock.
Now the CFO of Tilaknagar Industries has resigned with effect from May 01, 2012 due to personal and family commitments.
What does he know that we don’t ?
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Watch out below
In an earlier post,I had mentioned the importance of the Nifty breaking its 200 DMA.
Now that Nifty has finally broken its 200 DMA, watch out below !!
