An amazing mashup of the two most anticipated movies The Dark Knight Rises and Gangs of Wasseypur
Hard Landing for Kale Consultants?
Kale Consultants is a leading solutions provider to the global airlines and travel industry.
On Feb 6, 2012 , it had announced a buyback of its shares at up to Rs. 160/ share
The buyback closed on May 2 ,2012 having utilized the full amount of the buyback (around Rs.12.97 Crores)
Now that a significant source of buying power for the stock has been removed, expect the stock to drift lower from its current levels of Rs.125
Steve Wynn’s take on Chinese Consumers
Steve Wynn is one of the richest men in the world.
In this must watch video, he mentions how his family started from scratch in America and analogies to Chinese consumers
What was that again?
Civilized people don’t buy gold.They invest in productive businesses.
Algorithmic traders have the same social utility like rats in a granary.
-Charlie Munger said in an interview
Linkfest:May 8, 2012
Some stuff I am reading today morning:
HDFC to enter education sector (BusinessLine)
Europe’s road to recovery is filled with pain – Buffett (MoneyControl)
India blinks on tax rules (WSJ)
The rupee:to buy or to sell ? (Mint)
A report card on India’s top four IT players (BusinessStandard)
Greece at new risk of being pushed out of the Euro (WashingtonPost)
Steve Wynn explains why Chinese people gamble the way they do (BusinessInsider)