Categories
Links

Linkfest: 25 January, 2022

Some stuff I am reading today morning:

BSE IPO index plunges 8% (BS)

Zomato CEO: I have been waiting for a bear market (MC)

Insider trading in the shares of Lux Industries (BSE)

Air India to be handed over to Tata Group on Jan 27 (BT)

Record 32,000 Cr seized in tax raids (Rediff)

Inside TCS’s cloud strategy (Forbes)

Ukraine crisis intensifies (CNBC)

Is this the end of the Go-Go years? (Common Sense)

Crypto Currency meltdown continues ( Andy Hecht)

Casualties of your own success (Morgan Housel)

Categories
Exchange Filings

Banaras Beads: Glass Se Godown Tak

Source: Exchange Filings of Banaras Beads Ltd

Categories
SME

Quality RO: 20% Gayo

Source: Prospectus of Quality RO Industries Ltd

Interesting to see the merchant bankers making out like bandits.

Categories
Links

Linkfest: 24 January, 2022

Some stuff I am reading today morning:

Let the wild rumpus begin (GMO)

Reliance Industries’ profits soars (Fortune)

Bumper profits at ICICI Bank (BS)

Scary side of ‘Super Quality Stocks’ (Monarch)

Stock Talk: Kolte Patil Developers (Phoenix Capital)

Horrific week for Crypto (Decrypt)

An y(ear) of wisdom (Safir Anand)

So goes January, so goes the year (DR)

On the concept of intrinsic value (LT3000)

What’s your status narrative? (Seth Godin)

Categories
BookReview

Book Review: Lhasa The Holy City

I came across the Book ‘Lhasa The Holy City’ during my trek in Nepal.

The book was written way back in 1938 by an adventurer F Spencer Chapman

The author was part of the Political Mission sent by the British Govt of India to Tibet to establish relations with the Tibetan Govt.

The author does a marvelous job of describing Tibet, Lhasa, the Tibetan people, their cultures, traditions etc. Some of the comments can be termed as racist but can be forgiven given the prejudices of the times the author lived in.

There is a chapter called “Historical Interlude” which makes for fascinating reading-it describes in detail the ebbs & flows of the relationships between Tibet, China & India. I was suprised to know that the earlier Dalai Lama had also fled the Chinese to India and stayed in Darjeeling between 1905-1912.

The author was an accomplished mountaineer and one of his passages resonated with me : “It is curious what vicarious pleasure one derives from physical exhaustion and discomfort. It is a strange paradox that the more intolerable a journey is at the time, the more satisfactory does it become in retrospect. Our sensibilities and characters were made to be sharpened against the hard forces of Nature.But how few people nowadays get any chance to test their physical endurance to the breaking-point, to feel cold fear gnawing at their hearts, or to have to make decisions that hold life or death in the balance?That is why men flock so easily to war; to test a manhood that is perverted by the present state of civilization. Rugby football, mountaineering, skiing, even motoring, are but makeshifts for this vanished birthright; narcotics to alleviate the monotony of existence that has become too safe and easy.”

I would recommend this book only to those who love history & Tibet