Hillary Clinton and TearGate!

 

“In a weirdly narcissistic way, she was crying for us. But it was grimly typical of her that what finally made her break down was the prospect of losing.”

 

http://www.nytimes.com/2008/01/09/opinion/08dowd.html?ei=5087&em=&en=22018da0e65725e0&ex=1200200400&pagewanted=print

 

Anil Kumble and Indian Politics and Swabhiman

Swapan DasGupta writes in his article “India has arrived”

 

“There is squeamishness and a pronounced inferiority complex that mark the dealings of older Indians with foreigners. They still carry the burden of servitude and deprivation. Most politicians, including those professing Hindu nationalism, suffer from this disability — witness their awkward body language during overseas visits. Can you imagine Manmohan Singh telling Chinese Premier Wen Jiabao in a Kumble-like manner to stop needling India in Arunachal Pradesh?

Political India lives in mental captivity; emerging India believes the strong shall inherit the earth. The merger of politics and swabhiman is overdue.”

 

http://timesofindia.indiatimes.com/articleshow/msid-2695654,prtpage-1.cms

 

Robert Cialdini - Influence and Charlie Munger's talk on behavioral economics, patterned irrationality and such

This is an eye opener, I read until the 6^th bias and decided this entire article was worthy of mention. I claim to somethings about Charlie Munger but never knew he spent his life identifying, reading and making it his life’s work. We all do this every now and then - sincerely but not persevering(cause we are not acadmeicians) and are inconsistent without placing too much emphasis…more so like, arm-chair philosophers. Anyways, read the article at leisure, it will blow your mind J

 

Ofcourse, bias-1 was what we talked about last week. My favorite from the article, bias 5,

“If you carry bushel baskets full of money through the ghetto, and made it easy to steal, that would be a considerable human sin, because you'd be causing a lot of bad behavior, and the bad behavior would spread.”

 

http://www.loschmanagement.com/Berkshire%20Hathaway/Charlie%20munger/The%20Psychology%20of%20Human%20Misjudgement.htm

 

Jim Rogers, Bull in China

An interesting answer to a question posed to this formed partner in George Soros investment firm. See what happens to all extra money(liquidity) in the market. Pretty similar things are happening in India as well. Stock market UP!, real-estate UP and finally commodities UP!

Why has the Chinese stock market taken off?

The Chinese have done a very good job [with the economy] over the past 20 years. But the one mistake they've made is they have continued to block the currency and made it nonconvertible. That's causing huge liquidity to develop in the country, and that's causing trouble. It has really intensified in the past two or three years. They've got all this money sloshing around that's been flowing into China and can't get out. It's going into the mainland stock market and driving up prices. It's going into commodities. And it's going into real estate.

 

Read the full article here - http://money.cnn.com/magazines/fortune/fortune_archive/2007/12/24/101935724/index.htm?postversion=2008010309