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Excerpts This is India !

We thought it was holy

This post is in continuation of my This is India ! series

Once while I was conducting a tour in Vasai fort and telling the group about how old the fort was, a man said he had seen older items in his village. This man was in his eighties and I thought he was simply bragging. But a few months later, I checked out his village on an impulse. He lived in a far-flung area called Kiravali village. To prove his point, he took me to the village temple, where a stone tablet was being used to break coconuts.

I, along with a team, began examining the tablet. It was about 126cm in length and 56cm in width. It was extremely old and seemed to have an image carved on it. The image was, however, faint and unclear so we began cleaning it with tamarind leaves and oil. Once we were done, we were shocked. The image carved was that of a donkey copulating with a woman. We later learnt that the tablet dates back to 1268 AD, the era of the Shilahara dynasty, which ruled a large part of Maharashtra. It was probably used as a warning sign to ward off intruders. The old man was amused to learn of it: “And all this while we thought the tablet was holy and were praying to it.”-from Open

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Sellside Research

Morgan Stanley:Connecting the Dots Nov 2013

[gview file=”https://alphaideas.in/wp-content/uploads/2013/11/Connecting-the-dots-Nov-13.pdf”]

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Chart

Chart:Divergent Paths

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Quotes

Quote:John Templeton on bull markets

“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.”-John Templeton

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Links

Linkfest:Nov 22,2013

Some stuff that I am reading today morning:

Apex Court grounds Subrata Roy (BL)

Ajay Piramal group to build realty finance company (ET)

NSEL Investor settlement in sight (FE)

Red flag over realty exposure of banks (BS)

Fifth richest man of Oman murdered in Mumbai (MumbaiMirror)

India Inc sitting on a debt time bomb (Firstpost)

Value in the eye of the storm (AswathDamodaran)

Where do I look for investment ideas (AlephBlog)

Twitter Employee Millionaires flock to high tech low touch wealth advisor (Yahoo)

Confluence of Mutual Fund Industry,2013 (Subramoney)