Assorted Reading: India’s savings, Buffett, S&P in gold
Andy Mukherjee, Bloomberg/IHT: Charting India’s savings story
So does India really need savings to rise much further? No, it only needs the ratio of savings-to-GDP to become more stable. And that will require the demographic dividend to kick in. The additional resources that have sustained the resurgence in economic growth in the past four years have largely come outside of the household sector - from company earnings and budgetary gains.
Motley Fool’s coverage of the Berkshire Hathaway meeting
Scroll all the way down for the “Quick Takes”. Here’s Warren Buffett’s views on shorting, gambling & investing.
“the difference between investing on paper and investing with real money is like the difference between reading a romance novel and, as he delicately put it, “doing something else.”
The Big Picture blog: Looking at the S&P500 (Relatively)
The S&P500 index buys only 58% as much corn, only 57% as much house (based on the Case-Shiller index) as it used to, only 40% as much Oil, and only 32% as much gold as it did in 1999.
FYI, I had written a similar post on the BSE Sensex-30 index measured in gold insted of rupees.
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