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Observations

Forget stocks, the real bull market is in veggie prices

45.67%

This figure is not the return of any stock or investment.This figure is the increase in retail vegetable prices in October y-o-y

How can any ordinary investor inflation proof his savings with such high persistent and sticky inflation in food prices?

Maybe Jim Rogers was right after all:

 

Young people who have not decided on their futures should pursue agriculture degrees rather than MBAs, investor Jim Rogers told CNBC in a recent interview.

 

The reason? “Finance is in decline. In the future, the center of the world will not be finance — it’s going to be the producers of real goods.

 

 

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Image

Image:Short Sellers today explain their trading plan

Hat Tip Steve Burns

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Links

Linkfest:Nov 14,2013

Some stuff I am reading today morning:

The Campa Cola mess (Firstpost)

RBI chief trys to calm markets (WSJ)

SBI stock rise does not mean the worst is over (Mint)

SC bench recuses from Radia case (BS)

Tidying up your financial life (NYTimes)

Why Yale,Harvard and sovereign funds are changing their views on alternate assets (Forbes)

Why diversification is the prudent strategy (CBSNews)

The Idiocy of the IPO price pop (NerdsEyeView)

Steve Ballmer has made more than $1.7 Billion since firing himself (Quartz)

A 3 Level strategy to spend less on living (DailyReckoning)

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Tweets

98 Days

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Tweets

Is Nikhil Wagle fit to head a media channel?