Thursday, December 15, 2011

95 Questions to Help You Find Meaning and Happiness

At the cusp of a new day, week, month or year, most of us take a little time to reflect on our lives by looking back over the past and ahead into the future. We ponder the successes, failures and standout events that are slowly scripting our life’s story. This process of self-reflection helps us maintain a conscious awareness of where we’ve been and where we intend to go. It is pertinent to the organization and preservation of our long-term goals and happiness.

30 Things to Stop Doing to Yourself

Here are some ideas to get you started:


1.Stop spending time with the wrong people. – Life is too short to spend time with people who suck the happiness out of you. If someone wants you in their life, they’ll make room for you. You shouldn’t have to fight for a spot. Never, ever insist yourself to someone who continuously overlooks your worth. And remember, it’s not the people that stand by your side when you’re at your best, but the ones who stand beside you when you’re at your worst that are your true friends.

Tuesday, December 13, 2011

This Abandoned Theme Park On The Edge Of Shanghai Is Only The First Sign Of A Major Crash


About 45 minutes outside of Shanghai are the deserted ruins of what was supposed to be the world's largest amusement park. Instead, farmers have reclaimed the land planting corn and digging wells next to spires modeled after Disneyland.

Please consider China’s deserted fake Disneyland



Along the road to one of China’s most famous tourist landmarks – the Great Wall of China – sits what could potentially have been another such tourist destination, but now stands as an example of modern-day China and the problems facing it.

Monday, December 12, 2011

Outsider buying is as good an indicator as insider buying

Santosh Nair

moneycontrol.com
What is a good indicator of whether a stock is over-valued or undervalued? Seasoned investors say insider buying or selling tells you much more than profit & loss statements or disclosures to the stock exchanges. Also, promoters or senior management staff buying shares can be seen as a sign of the stock being undervalued. But they selling shares need not always be interpreted as the stock being overvalued. Here is another fairly good indicator of whether a stock offers value: a rival company or its promoter buying stake. This sends a stronger signal to the market than when a high networth investor or a star fund manager backs it. There are two reasons for it.

Heroes of the Taj - All in the hiring?

-by Rohit Deshpandé and Anjali Raina

On November 26, 2008, Harish Manwani, chairman, and Nitin Paranjpe, CEO, of Hindustan Unilever hosted a dinner at the Taj Mahal Palace hotel in Mumbai (Taj Mumbai, for short). Unilever’s directors, senior executives, and their spouses were bidding farewell to Patrick Cescau, the CEO, and welcoming Paul Polman, the CEO-elect. About 35 Taj Mumbai employees, led by a 24-year-old banquet manager, Mallika Jagad, were assigned to manage the event in a second-floor banquet room. Around 9:30, as they served the main course, they heard what they thought were fireworks at a nearby wedding. In reality, these were the first gunshots from terrorists who were storming the Taj.

Facebook Is Making Us Miserable

When Facebook was founded in 2004, it began with a seemingly innocuous mission: to connect friends. Some seven years and 800 million users later, the social network has taken over most aspects of our personal and professional lives, and is fast becoming the dominant communication platform of the future.

Friday, December 9, 2011

Facebook IPO sparks dreams of riches, adventure

San Francisco: Travelling to space or embarking on an expedition to excavate lost Mayan ruins are normally the stuff of adventure novels.

But for employees of Facebook, these and other lavish dreams are moving closer to reality as the world's No 1 online social network prepares for a blockbuster initial public offering that could create at least a thousand millionaires.
The most anticipated stock market debut of 2012 is expected to value Facebook at as much as $100 billion, which would top just about any of Silicon Valley's most celebrated coming-out parties, from Netscape to Google Inc.

Tuesday, December 6, 2011

How are billionaires thinking - and where do they want to invest - right now

Stock markets are down. Europe is gyrating. Cash generates minuscule returns. Commodities, especially gold, can soar or tumble in an instant. In these perplexing times, Bloomberg Markets magazine in its January issue asked 10 billionaires 14 questions covering their views on the global economy, where they see opportunities and who gave them the best advice.

We found much agreement: The billionaires say traditional indicators have little influence on their investment decisions. In fact, hair-care mogul John Paul DeJoria says beauty salons are better barometers of economic health. The 10 largely agree that the euro will depreciate further and that keeping one’s portfolio in U.S. dollars is smart.
Lawyer Joe Jamail, with the bulk of his fortune in bonds and cash, expresses in colorful language a common tenet: Hedge funds are dangerous.
“I’d buy cocaine rather than buy that s---,” he says.

‘Magic Mushrooms’ Return to Psychology Labs

Cancer survivor Lauri Reamer lived in constant dread that her disease would return, until she took a psychedelic drug in a Johns Hopkins University study.

The 48-year mother of three was given psilocybin, the main ingredient in the “magic mushrooms” of the 1960s, as a remedy to ease anxiety. She spent most of her first “trip” crying, then emerged from the next with less anxiety, better sleep and happier relations with family and friends, she recalled.
The experience “really cracked me open,” said Reamer, an anesthesiologist at Johns Hopkins in Baltimore before she was diagnosed with leukemia. “It let me be in life again, instead of this place of fear where I had been living.”

Monday, December 5, 2011

Rich-Poor Divide Is Widening, OECD Says

The gap between rich and poor is widening across most developed economies as skilled workers reap more rewards and top executives and bankers benefit from a global job market, the Organization for Economic Cooperation and Development said.

The average income of the richest tenth of the population is now about nine times that of the poorest tenth, the Paris- based OECD said today in a report. The gap has increased about 10 percent since the mid 1980s.

Friday, December 2, 2011

Is the Financial Crisis a Male Syndrome?

The protracted global financial crisis has led to a wide-ranging search for culprits, including blind regulators, greedy speculators, Chinese dumping, and a global market economy that lacks both a social and time horizon. But could it be that deeply rooted misbehavior in trading and board rooms can be explained by “animal spirits,” or what Keynes called a spontaneous urge to action—albeit in the wrong direction? Could it be that male domination of market finance results in excessive speculation and risk-taking at the expense of global stability? Testosterone, rather than neurons, may push male egos into ever-more-complex speculative bets, a gambling binge made possible by advanced technology, mathematical techniques, and globalization.

Why Steven Levitt of Freakonomics researches drug dealers, prostitutes & suicide bombers

What can you say about a 44 year old economist who is afraid of making predictions? That he is different from the usual, to say the least.

His wife Jeanette in one of the first profiles written on him way back in 2003 said "I wish he would get more than three haircuts a year, and that he wasn't still wearing the same glasses he got 15 years ago, which weren't even in fashion then."

Thursday, December 1, 2011

How a Chinese cave got listed on the US stock market

YISHUI, CHINA: A Chinese tourism company listed in the United States wants investors to pour their money down a dark hole. Literally.

The Akula lesson for entrepreneurs: A guide to when you should and shouldn't avoid Dalal Street

By: Alok Kejriwal




Some boys were never meant to leave their Mama's apron strings. Like some companies were never meant to do an initial public offer (IPO).
Consider SKS Microfinance, the company in the news for the wrong reasons, whose founder Vikram Akula has just left.
Let me ask you. How would you react if you read that the Mother Teresa Foundation had appointed Armani suited Dalals...er....Dalal Street bankers to infiltrate their sacred sanctums, sit with angelic nuns and calculate the 'profitability' of saving the ailing or the 'positive cash flow' earned by every poor man who was helped?