http://www.andykessler.com/andy_kessler/2009/07/wsj-the-bernanke-market.html
I remember once buying the stock of a small company and I couldn't believe my luck. Every time my fund bought more shares the stock would go up. So we bought even more and the stock kept climbing. When we finally built our full position and stopped buying the stock started dropping, ending up at a price below where we started buying it. We were the market.
In science, parsimony is to prefer least complicated explanation for an observation. This is generally regarded as good when judging hypotheses.
Wednesday, July 15, 2009
Thursday, July 02, 2009
Bill making free education fundamental right gets cabinet nod- Hindustan Times
Awesome !!
http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=HomePage&id=75c3325d-3eea-4f50-a411-df38f441efec&Headline=Cabinet+nod+for+bill+making+free+education+a+fundamental+right
The Act provides for 25 per cent reservation of seats in private schools for poor children in neighbourhood. The government would reimburse the money at government rate towards these seats.
The Bill prohibits payment of donations or capitation fees or interviewing the child or parents as part of a screening procedure.
http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=HomePage&id=75c3325d-3eea-4f50-a411-df38f441efec&Headline=Cabinet+nod+for+bill+making+free+education+a+fundamental+right
The Act provides for 25 per cent reservation of seats in private schools for poor children in neighbourhood. The government would reimburse the money at government rate towards these seats.
The Bill prohibits payment of donations or capitation fees or interviewing the child or parents as part of a screening procedure.
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