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Is the Indian economy still better off? - Views on News from Equitymaster
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Is the Indian economy still better off?
Apr 30, 2014

Here is today's recommended reading list from Equitymaster...

Who'll succeed Buffet at the America's fifth largest organization?
The America's fifth largest organization is grappling with a major issue. The empire that was built up 50 years ago by Oracle of Omaha will have to look forward to a succession plan now. Berkshire Hathaway has completed 50 years of successful stint under the stewardship of legendary investor Warren Buffet and his long standing business partner Charlie Munger. But what about next 50 years from now? Is there any succession plan in place? Will Buffet find an appropriate successor to fill up his shoes in future? Should that be the agenda of the next Annual General Meeting at Berkshire Hathaway? Find this out and more interesting facts from the article below picked from "The Economist". (Berkshire Hathaway)

An open secret to becoming a successful investor
It is natural for all investors to aim for success in investing. However, not all go on to become Warren Buffett. In fact, very few even get close to him. But why? What is it that differentiates successful investors and others? Read on to find out the answer. (Benzinga)

Is the Indian economy still better off?
Indian economy has been plagued by slowdown due to factors such as high interest costs, inflation and regulatory hurdles. But amidst all this gloom, the country still ranks favourably in terms of cost of living. As per the World Bank report, India has displaced Japan as the world's third largest economy on the basis of purchasing power parity. Read on to know more.... (Businessinsider)

Is this truly America's edge over the world? Or is it India's?
27 large counties, including China, Russia, Germany, South Korea and Japan will have smaller populations in 2050 than today. However the US counts itself amongst nations that will reap the demographic dividend. In fact more than India! Read on to find out why... (The Motley Fool)

How China wields control on gold prices?
It may be widely believed that leading US banks control gold price. But in reality it is China that has a bigger influence. China has been the biggest consumer of gold last year. As per reports, government and local buyers in China absorbed just 400 tonnes short of the entire world's newly mined gold. However gold prices have not rallied that much? This is because the Chinese in addition to being inscrutable are also canny buyers. The People's Bank of China does not buy gold directly but through agents and sourced directly from the refiners to keep prices low. Read on to know about China's control on gold prices. (Safe Haven)

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