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Independent Director or Insane Director?

Shockingly indiscreet comments by Nawshir Mirza, Independent Director, Tata Power in today’s ET

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Why Gujarat Borosil reminds me of Sholay

In the cult movie Sholay, one of the most memorable dialogues goes like this:

Gabbar Singh: Arre O Samba, Kitne Inaam rakhe hain Sarkar hum pe?

Samba: Poore Pachas Hazaar

Translated:

Gabbar Singh: Hey Samba, How much reward the Govt has kept on me?

Samba: Fully Fifty Thousand Rupees

Seems to have inspired Guj Borosil to dole out a  cash reward of “Poore Pachas Lakh” for a job well done.

From the 2016-17 AGM Notice of Gujarat Borosil:

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Why TCI is better than Berkshire Hathway

Source: TCI Investor Presentation November 2017

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CCC Ltd: Every Penny Counts

Source: 2016-17 AGM Notice of CCC Ltd

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The difference between Trading & Investing

Source: Aswath Damodaran

The difference between Trading (The Pricing Game) & Investing (The Value Game)