$6B Outflows in one Month!!

via :emii.com Globally, Hedge funds posted an estimated outflow of $5.9 billion in April after posting an estimated inflow of $22 billion in March.

Analysis of Fin.Data

AVOID THIS BOOK This book has a deceptive title " Analysis of Financial Data".Sadly, it does not help an analyst in anyway.. I went through the book and it did not add an iota of knowledge about analysis..It is 10,000 ft view of stats and its usage in finance.Even the 10,000 ft view is hazy!!!.. It gives a set of formulas with no explanation whatsoever. This book is nothing but huge number of english words filled between statistics jargon.

Indian version missing !

I have always felt that an Indian version of payscale.com would work.It has to. There is so much of discussion on “who makes what”, that I will completely surprised if customized concept would not work.. Here’s another new company in the same space.Glassdoor.com It is just a matter of time when some Indian entrepreneur will pick it up and go for a concept arbitrage

Marc Andreessen on Curiosity

via blog.pmarca.com: Curiosity is a proxy for, do you love what you do? Anyone who loves what they do is inherently intensely curious about their field, their profession, their craft.They read about it, study it, talk to other people about it… immerse themselves in it, continuously. And work like hell to stay current in it. Not because they have to. But because they love to. Anyone who isn’t curious doesn’t love what they do.

Quote for the day

Iron rusts from disuse; Water loses its purity from stagnation, and in cold weather becomes frozen; even so does inaction sap the vigors of the mind. - Leonardo Da Vinci