Categories
Links

Linkfest: 24 January, 2022

Some stuff I am reading today morning:

Let the wild rumpus begin (GMO)

Reliance Industries’ profits soars (Fortune)

Bumper profits at ICICI Bank (BS)

Scary side of ‘Super Quality Stocks’ (Monarch)

Stock Talk: Kolte Patil Developers (Phoenix Capital)

Horrific week for Crypto (Decrypt)

An y(ear) of wisdom (Safir Anand)

So goes January, so goes the year (DR)

On the concept of intrinsic value (LT3000)

What’s your status narrative? (Seth Godin)

Categories
BookReview

Book Review: Lhasa The Holy City

I came across the Book ‘Lhasa The Holy City’ during my trek in Nepal.

The book was written way back in 1938 by an adventurer F Spencer Chapman

The author was part of the Political Mission sent by the British Govt of India to Tibet to establish relations with the Tibetan Govt.

The author does a marvelous job of describing Tibet, Lhasa, the Tibetan people, their cultures, traditions etc. Some of the comments can be termed as racist but can be forgiven given the prejudices of the times the author lived in.

There is a chapter called “Historical Interlude” which makes for fascinating reading-it describes in detail the ebbs & flows of the relationships between Tibet, China & India. I was suprised to know that the earlier Dalai Lama had also fled the Chinese to India and stayed in Darjeeling between 1905-1912.

The author was an accomplished mountaineer and one of his passages resonated with me : “It is curious what vicarious pleasure one derives from physical exhaustion and discomfort. It is a strange paradox that the more intolerable a journey is at the time, the more satisfactory does it become in retrospect. Our sensibilities and characters were made to be sharpened against the hard forces of Nature.But how few people nowadays get any chance to test their physical endurance to the breaking-point, to feel cold fear gnawing at their hearts, or to have to make decisions that hold life or death in the balance?That is why men flock so easily to war; to test a manhood that is perverted by the present state of civilization. Rugby football, mountaineering, skiing, even motoring, are but makeshifts for this vanished birthright; narcotics to alleviate the monotony of existence that has become too safe and easy.”

I would recommend this book only to those who love history & Tibet

Categories
TopClicks

Top Clicks on Alpha Ideas this Week

Here are the most clicked items on Alpha Ideas this week:

Metro: What harassment looks like (AI)

ISec: Paradigm shift (AI)

Jubilant Food: We also make pizza (AI)

Nandan Nilekani on Crypto (MC)

India: Do Waqt Ki Jodi (AI)

Bajrang Alliance: Desperate for publicity (AI)

Coastal Corporation: Fishing for a multibagger (Phoenix Capital)

DBS Bank: Something is better than nothing (AI)

What a world (Morgan Housel)

Selling Out (Howard Marks)

Categories
Links

Weekend Mega Linkfest: 21 January, 2022

Some off beat reads for the weekend:

How Dolo 650 became India’s favorite snack in Covid (Print)

India’s tech sector has a caste problem (ROW)

#Hate (Rahul Pandita)

Millions could die in famine in Afghanistan (RT)

The defiance of Afghan women (Syed Irfan Ashraf)

Boris Johnson: The Party is over (Lance Price)

How to kill a God – the myth of Captain Cook (Guardian)

A Russian Victory in Kazakhstan (Al Jazeera)

Biden’s failing report card (Daily Mail)

Martin Luther King Jr’s visit to a Kerala school (BI)

Poona: Where badminton was invented (LHI)

On Sesa Naga (Hindu Aesthetic)

Khansama (Sadaf Hussain)

Thread: When was Pongal/Makar Sankranti? (Krish Ashok)

Thread: What is random great advice? (Trung Phan)

Categories
Inflation PaintStocks

Asian Paints: Unprecedented Inflation

Source: Investor Presentation of Asian Paints Ltd