Markets are tumbling like nine pins all over Europe.The Greece crisis has re-erupted like a bad nightmare that does not go away.
Am reminded of this immortal dialogue from the Godfather
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What was that again?
“The most successful investors are defined by their actions in a bear market, not a bull market.” -Lauren C. Templeton & Scott Phillips, “Investing the Templeton Way”
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Buffett on BRK Succession
Promoters are increasing stake in sugar companies taking advantage of low valuations (more here)
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Linkfest:May 14, 2012
Some stuff I am reading today morning:
How Birla convinced Biyani to sell Pantaloon (ET)
Vijay Mallya:Habitually broke? (SuchetaDalal)
The fall of Niranjan Hiranandani? (Open)
Praful Patel and the fall of Air India (Caravan)
How to lose 1 Billion $ in 46 minutes (WSJ)
Chinese agents plotting to kill me:Dalai Lama (DNA)
36 Hours in Hyderabad (Nytimes)