Archive for November 2nd, 2015

Why Gandhi would have been appalled by the Gandhi-Mandela Trophy?

November 2, 2015

A nice historical piece by Ram Guha on the topic. He says given Gandhi’s dislike for sports, he would have been amazed by his name being given to a cricket series between India and South Africa.

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The tragedy of being Ben Bernanke..

November 2, 2015

Brad Delong reviews the book by big Ben and is puzzled what went wrong:

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RIP Brijmohan Lal Mujnal, father of Indian motorcycle revolution

November 2, 2015

A sad day indeed. Mr Munjal passed away yesterday leaving behind a history  of Indian auto-mobiles which is likely to be unmatched.

The manner in which his family migrated from Pakistan and created this Indian behemoth called Hero Honda Motors (and now Hero), is stuff of legends. He and his team were hardly ever in the news/media trying to create noise/hype over their achievements. Just let the product talk and talk it did. We hardly have people like these in Indian businesses anymore. It has all become too noisy and hunt for instant fame..

 

Book review: The Financial Expert by RK Narayan

November 2, 2015

A friend Shrikanth pointed to this book by the legend RK Narayan and I was just hooked. A typical plot by RK Narayan based in Malgudi with a financial wizard – Margayya – as the key protagonist. Apart from the usual finance books, one actually learns more abot finance and humility from such books. But hardly anyone recommends this book for a finance course. Though, there are some who recommend works like Reminiscences of stock operator, A fool and his money  for a reading in finance.

The Financial Expert isn’t a finance focused book but still leaves the main message – money and its proclaimed masters better be humble. Your mastership is valid only till money lasts and there is no guarantee over the last outcome. Money is as mercurial as the metal.

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