Categories
Linkfest:October 30,2014
Some stuff I am reading today morning:
Fed ends quantitative easing (Mint)
Can 4G be a game changer? (FE)
6 things you should know before opening a Swiss bank account (BS)
Stress on bank’s balance sheet a serious threat to economic revival (FirstBiz)
Life’s unanswered questions (Fool)
The opportunity in weak commodity prices (Climateer)
Can a four year old do what Carl Icahn does? (Justin Fox)
Dubai says boom isn’t a bubble this time (Bloomberg)
The contrarian sociopathic mindset (Millenial)
1974-The invisible turning point for India (BS)
Categories
Linkfest:October 29,2014
Some stuff I am reading today morning:
LIC may raise holdings in PSUs (ET)
NRI investors sue ICICI for $103 Million damages (BS)
Blackstone,Sheth brothers to oppose NSEL merger order (Mint)
Journey of Devendra Fadnavis,Maharashtra’s youngest ever CM (FirstPost)
The not so ugly truth about financial independence (FreeFinCal)
China’ s strangest buildings (Guardian)
Nobody knows nothing-the first bit of investing (IrrelevantInvestor)
The secret oil price rally nobody is talking about (DailyReckoning)
Strange financial advice (Fool)
How Rakesh Jhunjhunwala lost 650 Crores (WiseWealth)
Categories
What is the magazine business?
What is the magazine, business? It is a business where our main, activity is
chopping down millions and millions of trees, flattening the pulp and printing
hieroglyphics and images on both sides of it. Then we send the end product
out in diesel-guzzling trucks to shops where perhaps 60 per cent of them
sell to customers. We then pile the remaining, unsold magazines into more
diesel-guzzling trucks and take them to a plant where they are either
consumed as fuel, buried or shredded, or used to make cardboard boxes for
refrigerators. That’s the magazine business.-Felix Dennis