The Truth About Buybacks


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Adam Smith On Smuggling


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“The smuggler is a person who, though no doubt blamable for violating the laws of his country, is frequently incapable of violating those of natural justice, and would have been in every respect an excellent citizen had not the laws of his country made that a crime which nature never meant to be so.” – Adam Smith

The One Percent


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As I was favourably impressed by Jamie Johnson’s ‘Born Rich’ I decided to catch this documentary too.I didn’t find this one so compelling.The only response I can make is recall the old adage ‘If you’re not Liberal when you’re 25, you have no heart. If you’re not Conservative when you’re 35, you have no brain.’

In my opinion the best part is when Adnan Khashoggi opines “There is no equality in life. Forget about it. We are what we are. We are created layers over each other. This is it.”

Also the concluding part with his parents is worth watching,especially when his mother reminds him that she was not born rich and at one time might have thought differently.She goes on to say how her current behaviour is influenced by her concerns for his dad.His dad suggests how it might not be possible to change the whole world and it might be enough to influence a few lives. Read more of this post

NR Narayana Murthy On What We Need To Learn From The West


wealthymatters.comThe following is from a speech delivered by Mr. Murthy, when he recieved the Lal Bahadur Shastri National Award for Excellence in Public Administration and Management Sciences.

I don’t think we “need to learn” these things as much as be aware of these differences when dealing with Westerners and vice-versa. We have our ways and they have theirs with a a different set of reasoning behind them.Personally I feel neither way is right or wrong.They are merely differences. But sensitivity to them makes interaction and doing business easier.And in any case thing are not as simple as Mr Murthy lays them out.Indians not totally lacking in these qualities and the West is not without its lapses.An a good way to start might be to avoid stereotypes. Read more of this post

Top Of The Line Cars


Maybach Rxelero

wealthymatters.com Price: $8.0 million

Engine: V12

Number of Cars Produced: 1

Big & Bold: At 5,852 lbs., the Exelero outweighs other sports cars by more than a ton.

Luxury Wheels: Exelero was created to showcase ultra-high performance tyres from tyre manufacturer Fulda. Read more of this post