“The curious mind embraces science; the gifted and sensitive, the arts; the practical, business; the leftover becomes an economist” BoP
— Nassim N. Taleb (@nntaleb) August 13, 2013
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Linkfest:Aug 23,2013
Some stuff that I am reading today morning:
Fitch warns of rating downgrade (ET)
Ayodhya emerges as ground zero of UP politics (Mint)
A Haryana farmer has outdone Warren Buffett (BS)
I-T raids NSEL and its defaulters (Moneycontrol)
Anil Ambani testifies in 2G scam case (WSJ)
Hedge funds,pensions and the seeds of change (InstitutionalInvestor)
Superstition (Mediacrooks)
Demography is destiny, hold on to your wallet (DailyReckoning)
10 Mega trends that make the super rich richer (MarketWatch)
Investors view emerging markets with jaundiced eyes ()
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Ad:Of Dollars and Onions
Hat tip Siva
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The rise and fall of India’s economy
A long watch but well worth it.Ruchir Sharma does an excellent job of explaining why India is in trouble and why MMS got every single macro trend wrong.Arun Shourie too is masterful in describing the polity