Read, Learn, Improve – 9-Sep-17



Good News for Young Strivers: Networking Is Overrated-Link here – Simple message “In life, it certainly helps to know the right people. But how hard they go to bat for you, how far they stick their necks out for you, depends on what you have to offer. Building a powerful network doesn’t require you to be an expert at networking. It just requires you to be an expert at something.  “If you make great connections, they might advance your career. If you do great work, those connections will be easier to make. Let your insights and your outputs — not your business cards — do the talking”.

Star’s gamble, Sony’s one-dimensional strategy: Takeaways from IPL media rights auction – Link here

Forget Wall Street – Silicon Valley is the new political power in Washington – Link here

Tiny changes can have big implications – Link here – “As Charlie Munger warns, some people — in my view, managements and industry analysts — will tend to be misled by tiny changes involving low contrast, and will often miss a trend that is destiny. “

In india we have agents who can get you original aadhar card or PAN card or passport etc, very soon we would probably tonnes of these – Inside the black market where people pay thousands of dollars for Instagram verification  – Link here

In a high-tech world, car designers still rely on clay – Link here – a small insight into automobile business.

36 Obvious Investment Truths – Link here

New work constructs in the intelligent age – Link here

The next superpower in global food supply – Link here

The Tale of Two Stocks That Went Up 10x Because of a Good Story – Link here

How science found a way to help coma patients communicate – Link here

Bridgewater’s Ray Dalio Dives Deeper Into the ‘Principles’ of Tough Love – Link here

It’s been sometime everybody has been predicting downfall /end of Trump presidency, in fact few believe it’s not question of if but rather when, here is one theory of downfall might happen – Master spy novelist John le Carré has thoughts on how Trump might fall – Link here. At the same time very interesting development related to US election came from FB – Thousands Of Facebook Ads Tied To Bogus Russian Accounts – Link here

NDTV wants to ban mobile phones at its AGM – Link here “the champion of free speech and public causes, has decided to bar its shareholders, who are co-owners, from carrying mobile phones, bags and other accessories during its annual general meeting (AGM)”needless to say another new low for corporate governance.




Read, Learn, Improve – 2-Sep-17


(Beauty of Leh)


(Must Read) – Put These Charts on Your Wall – Link here

Companies must reveal pay disparity between boss and workers – Link here

Winner-takes all effects in autonomous cars – Link here

Would you like to be Jeff Bezos or Nandan Nilekani? – Link here

What I Learned in the Last year – Link here

The Most Dangerous Trap For Stock Pickers (And 9 Ways Top Investors Avoid It) – Link here

How the Top 1% Keeps Getting RicherLink here

A Dozen Attributes of a Scalable Business – Link here

The “free” economy comes at a cost – Link here

DLF Promoters Will Sell Stake. And Then, Buy Stake. What’s the Deal? – Link here

Branded generics: Acknowledging the wrinkles – Link here

The FDA just approved a game-changing cancer treatment – CAR T-cell immunotherapy is a brand new way treat cancer – Link here

What Does It Cost To Start A New Farm? – The cost of land–among many other factors–makes the idea of independent farms setting up shop almost impossible – Link here – I wonder if something similar study is available for India, however I believe number one entry barrier is only farmer can buy a farm/agriculture land.

Jeff Bezos Wants To Give More Money To Charity. He Should Pay His Workers First – Link here

Why India’s Hospitality Sector Must Win Over Parents Of The Skilled Women It Needs – Link here

The History of Consumer Credit in One Giant Infographic – Link here

Finance Geeks Will Love This New Movie About the Tulip Bubble – Link here

Two Very Different Stories About Amazon – Link here

Harvey’s Made the World’s Most Important Chemical a Rare Commodity – Link here


Read, Learn, Improve – 26-Aug-17


(Beauty of Leh)

The Unsolvable Puzzle – Link here

What is and isn’t a MoatLink here

Investors Flee When a Fund Manager Does. They Probably Shouldn’t – Link here

How They Make The Ledger Lie Hole-in-the-wall accountants, Tier-2 CA firms and the Big Four—all share a professional DNA of trickery. From there, it’s a tiny step to fraud. In the case of foreign firms, their very presence in India hinges on that – Link here

Aspirin’s Four-Thousand-Year History – It’s 2000 B.C. and you have a headache. Grab the willow bark – Link here

This Time Really Is Different – Link here

Democratizing devotion in the digital age – Link herea solid business idea.

Real estate—is it time to buy? – Link here

Where Friedman Was Wrong – Link here

When to Sell Your Investments – Link here

Naval Vessels, Shadowy by Intent, Are Hard for Commercial Ships to Spot – Link here

Vanguard Group is America’s new landlord – Link here

Take a look at Uber’s first pitch deck from 2008 – Link here

Why people believe in conspiracy theories – and how to change their minds – Link here

(Infographic) – This Chart Shows Why You Should Never Worry About Getting Older or The age you peak at everything – Link here

How Terminator 2: Judgment Day Changed the Blockbuster Game – Link here


Read, Learn, Improve – 19-Aug-17


(Beauty of Leh)


India At 70: What A Comparison With 5 Nations Reveals – Link here

Why the Gas Station Isn’t a Model for Electric Cars – Link here

Netflix Co-Founder’s Crazy Plan: Pay $10 a Month, Go to the Movies All You Want – Link here

Inside the world of Silicon Valley’s ‘coasters’ — the millionaire engineers who get paid gobs of money and barely work – Link here

How Brokerage App Robinhood Got Millennials To Love The Market – Link here

Are Index Funds Too Soft on CEOs? – Link here – In the case of India I believe this is true for even active funds, off lately, however, I believe things are changing thought bit slow.  GoI has been getting very active by raising funds/divesting stake through ETF, we had CPSE ETF and now Bharat-22 is forthcoming, a lot of these new issues are subscribed by EPFO, which is nothing but government, I wonder how much these guys push companies in their holding to perform better. It seems like there would mere change in name of shareholders.

The Canadian Housing Market is Bananas – Link here

Here is why China exports 1000 drones a day and India does not even produce 1000 a year – Link Here

Two Sides Of The Same Coin: Amit Bhardwaj’s “Cryptocurrency For Beginners” Is A Poorly-Written Instrument Of His Shady Business Schemes – Link here – at any given time India always has one ongoing multi level marketing scheme to scam people.

Sometime back there was news about PayTM launching Messenger on lines of WhatsApp, to me, it looks like it’s trying to replicate WeChat Model, have a look at this ppt to understand more – Tencent’s Wide Moat – by Saber Capital Management – Link here

25 years after Securities Scam, the Custodian sent notices to over 1,500 investors to recover bonus shares – Link here

How shell companies are used in black money creation, laundering – Link here

Afghanistan, Russia, and the War Index – Link herevery interesting insight, one of thing before 1 country attacks another it should look at the demographic profile, irrespective of how much economically & technically backward country maybe.

A Brief History Of Romantic Love And Why It Kind Of SucksLink here – interesting insight into Love- Romance – Arranged Marriage – Survival – Economics, etc.

New tech –  There is a new app in town called “Sarahah” (I am guessing it’s probably another fad app). However it offers interesting utility, basically, you can send/leave an anonymous message to a registered user.  In case you wanted to share your feedback or would like tell me anything – here is your chance, just visit – – type your message and press send.

Read, Learn, Improve – 12-Aug-17


(Beauty of Leh)


Take the Generic Drug, Patients Are Told — Unless Insurers Say No – Link here

After trying to build self-driving tractors for more than 20 years, John Deere has learned a hard truth about autonomy – Link here

Has China’s Rise Topped Out? – Link here

Mazda boosts petrol engine efficiency in fresh blow to diesel – Link here and Mazda’s Crafty New Engine Makes More Miles From Less FuelLink here

How the World’s Biggest Buyout Deal Crashed and Burned – Link here

Why Everyone Should Write – Link here

Are Index Funds Evil? – A growing chorus of experts argue that they’re strangling the economy—and must be stopped – Link here

Markets Don’t Work for Everything – Link here

This is how many fund managers actually beat index funds – Link here

Humans and robots are on the cusp of a sexual intimacy we may never reverse – Link here – I was attending analyst meet of agrochemical company and company mentioned that human population is increasing , we would be 10 billion planet or so by 2050 etc etc and if you look at many of reports by World Bank or IMF or US Agriculture Department and other such global organization they all have population moving  one way – that is up. Mind you most of us also work with the same assumption, however, if you read above article, things may very well change. There have been anecdotal trend visible like in Japan – Link here and Millennials (the mobile generation) is too busy with their mobile – Link here . If these trends pick up the pace, we would very well see population de-growth, alas it’s anyways guessing if and when.

 Scientists Hit Breakthrough In Quest To Transplant Pig Organs Into Humans – Link here


Read, Learn, Improve – 5-Aug-17


 (Beauty of Rohtang Pass)


How to Become One of the Most Valued Suppliers to the Booming Electric Car Industry – Link here

Why The Scariest Nuclear Threat May Be Coming From Inside The White House – By Michael Lewis – Link here

How Two Brothers Turned Seven Lines of Code Into a $9.2 Billion Startup – Link here

The Secret Economic Lives of Animals – Wasps do it, baboons do it. Economics isn’t just a human activity – Link here – (courtesy/thanks to AJ one of the follower)

Monopoly was invented to demonstrate the evils of capitalism – Link here

How Fast Food Chains Supersized Inequality – Link here

Tobacco’s Teflon Gets Tested – Link here – this happened in USA, I am trying to find out if something like this can happen in India? who is the authority who regulates this or there is no authority? , any insight on the same would be appreciated.

I know I am late, but it’s long and takes a time to finish. In case you have not read it here it is again, do read it – Howard Marks Memo – There They Go Again – Link here

Here’s How Unicorns Trick You Into Thinking They’re Real – Link here

Netflix is on the hook for $20 billion. Can it keep spending its way to success? – Link here

This Amazon Threat Just Got Even More Real – Link here

Why You Feel Richer or Poorer Than You Really Are – Link here

Is the staggeringly profitable business of scientific publishing bad for science? – Link here – insight into the business of scientific magazine publisher.

 ‘Tragedy follows him everywhere:’ What I discovered while writing my book about Ramdev – Link here

Last week, I am sure you would have been bombarded with this new “Facebook shuts down controversial chatbot experiment after AIs develop their own language to talk to each other” – Link here – first it started with some unknown website carrying it as it is analytics these days, every media house soon realized what was getting hit, they also started carrying article. That’s when it really hits you, when people around you straightaway start questioning future of humanity rather than questioning authenticity of the story – everybody brings up how Elon Musk had warned Mark Zuckerberg, now its Musk – 1 , Zuckerberg – 0 and etc etc. it goes until suddenly you read this – Facebook didn’t kill its language-building AI because it was too smart—it was actually too dumb Link here, for all those who are still sacred about AI taking over humanity and we being ruled by Terminator – refer article – The body is the missing link for truly intelligent machinesLink here – shared in Read, Learn, Improve – 1-Apr-17.

Bhavani Devi, a priest’s daughter supported by Jayalalithaa, is putting India on world fencing map – The first Indian to win a fencing gold at a world event – Link here

Read, Learn, Improve – 29-Jul-17


 (Beauty of Leh)

Norway Takes Lead in Race to Build Autonomous Cargo Ships – Link here

Should America’s Tech Giants Be Broken Up? – Link here

What is the future of global finance? – Link here

The psychology behind the urge to splurge – Link here

Why Corrupt Bankers Avoid Jail – Prosecution of white-collar crime is at a twenty-year lowLink here

Indian traders may already have a good and simple trick or two to beat the GSTLink here

Moneyball for Dead Celebs: This $5 Billion Business Sells Elvis and Michael JacksonLink here

What lessons does the Simputer hold for Make in India?Link here

The Battle for the Moon Begins – Link here

While you’re watching Disney’s films at the cinema, Disney can now watch youLink here

Numbers Can Lie – Link here

How German Condoms Funded the Russian Revolution – Link here

Asteroid Mining Has a New Champion – Link here

Daily Economics: What does it take to run a paan stall in Mumbai? – Link here

How Commodities Performed in H1 2017, and Why They’re Very CheapLink here

Why Genghis Khan’s tomb can’t be foundLink here (some history)

(Humor) – The most hated office jargon revealed – and their translations – Link here

Read, Learn, Improve – 22-Jul-17


Beauty of Leh


China’s Tough-Talking Theme-Park Mogul Surrenders to Minnie Mouse – Link here (very interesting insights if you are evaluating theme park business)

20 Million Mosquitoes to Hit Fresno; That’s a Good Thing, Really – Link here

Will the death of US retail be the next big short? – Link here

Curta: a mechanical pocket calculator – Link here (a calculator that you would have never seen)

What I Believe Most – Link here

Basic Income Could Empower Millions Of Indians, But India May Find Cost Too High – Link here

The Myth of Drug Expiration Dates – Link here

In Long Run, There’s No Such Thing as an Einstein Investor – Link here

Counter-terrorism was never meant to be Silicon Valley’s job. Is that why it’s failing? – Link here

Conspicuous consumption is over. It’s all about intangibles now – Link here

Seven signs of over-hyped Fintech – Many Fintech tools are too complex and are unlikely to solve real problems or work better than existing technology, writes Martin Walker – Link here

An inside look at how Koch Industries does business – Link here

Stocks Still Don’t Look Very Expensive – Link here

Ancient Romans made world’s ‘most durable’ concrete. We might use it to stop rising seas – Link here

Keep Eye on Sovereign Debt for Next Minsky Moment – Link here

What is the daily economics of a roadside poha business in Mumbai? (Hint: It is very profitable) – Link here

Read, Learn, Improve – 15-Jul-17


Paradox of our age

(Must Read) – Tim Harford: what we get wrong about technology – Forget flying cars or humanoid robots, the most disruptive inventions are often cheap, simple and easy to overlook – Link here

Why have so many people stopped eating ice-cream? – Link here , not to worry about India, case is opposite – Link here

Special Situation Investing and Tube Investments of India – Link here

ITC’s succession plan: Letting it go – Link here

Life is unfair. Deal with it. – Link here

Antibiotics: A biography – What exactly are antibiotics? How do they work? And why haven’t we curbed their use, despite the overwhelming evidence of growing antibiotic resistance? – Link here

Jawbone’s demise a case of ‘death by over funding’ in Silicon Valley – Link here

An Amazon Bot Is Making the Greatest Smartphone Cases – Link here

Warren Buffet Made So Much Money When He Was 14 – Link here

Why Simple Beats Complex – Link here

Micro-investing startup Stash raises $40 million – Link here (imagine potential for Paytm, makes me want to buy Alibaba)

Understanding Coal / Thermal Power Supply Chain in India – Link here

Split Brain: Understanding Cause and Effect – Link here

The Reasonable Formation of Unreasonable ThingsLink here

No matter what kind of investor you are, the key to success is not participating in a game other than the one you intended to play. And you can only do that if you make an effort to identify what games the people surrounding you are playing, separating them from your own. It is the only way I know of to have a reasonable shot at not getting sucked into bubbles in the first place.

Trump’s Russian Laundromat – How to use Trump Tower and other luxury high-rises to clean dirty money, run an international crime syndicate, and propel a failed real estate developer into the White House – Link here

Many Glaring Errors in SEBI PMS Data; Misleads Investors – Link here

The Bounty Hunter of Wall Street – Link here


Read, Learn, Improve – 24-Jun-17


reading is fundamental


Kindly note there would be no Read, Learn, Improve for the week ending 1-Jul-17 and 8-Jul-17.

Yours is the Earth and everything that’s in it – Link here

How Yahoo Blew It – Selling ads against search – it seemed like such a simple thing. But while CEO Terry Semel fumbled and bumbled, Google pulled ahead – Link here (Blast from the past, makes an interesting read).

When Yahoo decided it was going to buy Overture in 2002, Overture dominated search-related advertising; its revenue was two times Google’s. By the time the deal was actually announced in 2003, the two companies were neck and neck. Two years later, Google’s revenue was 2.5 times Overture’s.

How to screen stocks – Link here

How this angel investor became a billionaire – Link here

Fattened, genetically engineered algae might fuel the future – Link here

How Two Common Medications Became One $455 Million Speciality Pill – Link here

SEBI Needs Internal Clean Up – Link here

Amazon’s New Customer – Link here

Where physical meets digital – The art of the possible now lies in obtaining and then orchestrating that technology solution so that it can translate the imagination into reality – Link here

Cracking the Biggest Art Heist in History – Link here

And Just Like That, Google Becomes The World’s Largest Job Board – Link here

Patience Exemplified – Link here

Bull Market in Tech Stock Acronyms Reaches Perplexing Heights – Link here

Money Manager Cliches – Link here