Hedgies argue to translate If but end up sorting socks

A quick word about the CIBIL contest before we move on to the links, I have forwarded the participant list to CIBIL and we should be in a position to announce the winners by Wednesday next week.

On to the links now, CNBC US hit gold today when two billionaire hedge fund managers fought with each other on TV for about half an hour, and this is like no argument you have seen before.

If you haven’t already seen the video, here is a link to a NYT piece with the video embedded and a little background on the story about Bill Ackman and Carl Icahn.

Apple’s stock crash was another interesting thing that happened this week, and I felt Roger Nusbaum was the only person who said anything of value on this topic. It is relevant to investing from an Indian perspective as well, specially if you own individual stocks.

Rohan Doshi shared a story on last weekend’s links post about how the NYSE was bought in one shot, and I thought that was a good read as well.

Closer home, FIPB clears IKEA’s 10,000 crore investment proposal. 

Hemant and Anil Kapila write about the best tax saving mutual funds of 2013.

Shyamendra Solanki does a wonderful Hindi translation of Rudyard Kipling’s ‘If’.

Finally, the mathematically most efficient way to sort socks.

Enjoy your weekend!

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