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Weekend Mega Linkfest:Dec 15, 2012
Some interesting off beat reads for the weekend:
Kushinagar (Caravan)
The communal card being flashed nationally (Outlook)
The sour taste of eye candy (Tehelka)
Slum Golf (Open)
Biwi ho to aisi (Newslaundry)
One woman, a hairdryer and $20 million business (ForbesIndia)
Why are Americans the most armed civilians on the planet? (NewYorker)
Moms should think twice before quitting their jobs (Atlantic)
Proust Questionnaire: Louis C K (VanityFair)
Why China and Pakistan want demilitarization of Siachen (IDR)
Shia days of rage (ForeignAffairs)
The top 10 Animal Superpowers (Smithsonian)
Book Review: The life and times of the Penis (Economist)
Commenting online?Call a lawyer (SmartMoney)
Book review: Love stories #1 to 14 (JaiArjun)
The idol thief (NewYorker)
TeamBHP Car of the year 2012 (TeamBHP)
Should we live to 1000 ? (ProjectSyndicate)
Movie Review:Talaash (GreatBong)
The real reason why Jimmy Amarnath was sacked (UnrealTimes)
10 lessons learnt from 50 Shades of Grey (GQ) (Hat tip LordLudus)
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How to play Gold
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Linkfest:Dec 14, 2012
Some stuff that I am reading today morning:
Ratan Tata, the gentle giant (BusinessLine)
Land prices expected to rise due to Land Acquisition Bill (FE)
Is Bajaj Electricals the next consumption play ? (Mint)
One nation, one number from Feb (BS)
The Roman agent in Gujarat (Mediacrooks)
The McDonald India listing shenanigans (JSAlphaa)
Phillips Carbon Black goes in the red (NeerajMarathe)
The market is not a math problem (AdamGrimes)
What should you do with $$$ (Climateer)
17 Big Surprises that could rock the market in 2013 (BusinessInsider)
Desi sells startup within 2 days of launch for $176 Million (BusinessInsider)
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Forecating Folly:Gokul Refoils
This post is in continuation of my Forecasting Folly series (see here)
On 7th March, 2011, Dalal Street’s finest at Sunidhi Securities came out with a research report on Gokul Refoils.
The then prevailing price was Rs.98, a target price of Rs.125 was assigned to the stock.
Fast forward, 18 months later, Gokul is languishing at around Rs.44 (today’s price).
This is one third of the target price and half of the then prevailing price.
Forecasting folly, anyone?