Frank and Steven’s Excellent Corporate-Raiding Adventure – Two law professors tried to mimic big activist hedge funds, investing their retirement savings in a small, languishing public company and trying to shake it up. Here’s what happened – Link here
Is It Time to Break Up Google? – Link here
Grantham: The Rules Have Changed for Value Investors – Link here
Trump Takes Aim at the H-1B Visa Program – Link here – interesting analysis with actual numbers, however at the end of the day every company is a business and hence this may just add a push to increasing offshore component.
Animals Set Survival Record Inside Artificial Womb – Link here
A venture capitalist explains how to become insanely well-connected – Link here
And Now for Something on Index Funds – Link here
Not an inside job: How two analysts became SEC whistleblowers – Link here
Stress and Comfort: Careful What You Wish For – Link here
In Kotak Daily dated 24-Apr-17, there was report on India’s skill, here is the table that caught my attention
Now what could be the reason behind such a poor reading skill – well most people would blame “Teacher” and reason would be “s/he doesn’t show up at school”. Here is fact on same – India’s Absent Teachers: Not As Big A Problem As We Think – Link here
If Whistle-blowers Want Action, They Have To Interact And Trust – Link here
It seems to be an open season for whistle-blower letters these days—at least, at Moneylife. We keep getting one letter after another exposing the dirt on Indian capital markets and companies. Unfortunately, the deep expertise of insiders, and the excruciating detail they go into will not have the desired impact if the regulator fails to act. What is worse, anonymous whistle-blowers, lacking in courage and suffering from a trust deficit, seldom provide enough evidence of their charges to warrant an investigation by resource-strapped entities like ours. On the other hand, large media organisations, which ought to be the first destination for such letters, are either compromised by the massive advertising budgets of the target entities, or their journalists are unwilling to alienate powerful people through investigative work.
There is a plot in Casino Royale between terrorist financer & terrorist operating in the African region if you remember it – the financier takes the money and use the same to short sell a stock and in turn arranges for an attack on company – crashing a truck in an airplane. All this is fiction, till the time you read this – Germany: Suspect bet against Dortmund then bombed its bus – Link here
Our Puny Human Brains Are Terrible at Thinking About the Future – Link here
Why Food Is Taking Over Your Life – Link here
From Netflix to rented homes, why are we less interested in ownership? – Link here
Elevators in an age of higher towers and bigger cities – During an era of rapid urbanisation, the humble lift is getting a high-tech upgrade – Link here
Cadbury’s worms of graft: Whistleblower reveals all – Link here
The Truth About Earnings and Stock Valuations – Link here
Market has been abuzz with Trump govt coming up with proposal to reduce corporate tax but – How Markets Respond to Tax Reform – Link here
Cracking the Mystery of Labor’s Falling Share of GDP – Link here