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Beware of these blackholes of wealth

Oct 13, 2014

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

How can 'Zombie Factories' aid India's growth?
Well, hardly anyone seems to be taking the 'Make in India' plan seriously. After all, without significant improvements in the ease of doing business, why should foreign firms make a beeline for India? But what about factories in India that are lying unused for years? While the government has announced the closure of six publicly owned companies, the Minister for Heavy Industries and Public Enterprises has stated that about two-thirds of 64 loss-making firms can be revived with more money. So will these 'zombie factories' revive India's industrial production? Read on to find out. (Business Insider)

How to beat Warren Buffett in his own game...
No doubt, Warren Buffett is an investing legend. All starters are first asked to read his investment philosophy and then practice the same. But when you can beat him why imitate him.. Yes, there is a way whereby you can better Buffett's investment performance. Read on to find out how. (MarketWatch)

Beware of these blackholes of wealth
Here are three of the most common and hard to resist ways to lose all your capital. Some of them are deep rooted in psychology, others an outcome of 'easy money making' trap. To make sure that you don't end up losing your hard earned money , read on ..... (The Motley Fool)

Will oil prices remain low for the next two years?
Crude oil is the basic fuel for all economic activity. An economy such as India is especially sensitive to crude oil price because of its heavy dependence on imports of the fuel. As such, the decline in crude oil prices is indeed a boon for India. What is interesting is that Saudi Arabia has hinted that it is comfortable with low crude oil prices for the next two years. Read on to know more... (EconomicTimes)

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