Satyajit Das: Nowhere to Run, Nowhere to Hide, at Naked Capitalism. The Global Crisis is about to get worse. Das is a great read.
Scott Adams, “Betting on the Bad Guys” at WSJ.
When I heard that BP was destroying a big portion of Earth, with no serious discussion of cutting their dividend, I had two thoughts: 1) I hate them, and 2) This would be an excellent time to buy their stock. And so I did. Although I should have waited a week.
People ask me how it feels to take the side of moral bankruptcy. Answer: Pretty good! Thanks for asking. How’s it feel to be a disgruntled victim?
I have a theory that you should invest in the companies that you hate the most.
At LiveMint, V. Anantha Nageswaran asks, “Can Asians exhale?”
Moneylife: With DTC, the New Pension Scheme could be the best long-term savings option.
