UN Food & Agri Organization data indicates that China uses nearly two and a half times as much fertilizer and four times as much pesticide as the United States does despite having 25 % less arable land.China’s Growing Water Crisis https://t.co/K8YIYUPPox via @ForeignAffairs
When company managements say they are focusing on driving efficiencies through Cost management. One wonders why were these costs there in the first place ?
A fox looked at his shadow at sunrise & said "I'll have a camel for lunch today".All morning he went about looking for camels without success. But at noon he saw his shadow again & he said " A mouse will do" #ReturnExpectations
Every Annual Report is dotted with loads and loads of Information Towers. For an investor, there's no choice but to diligently test the strength and frequency of each tower. The real Signals are hidden in obscure cosy corners
1) factors due to which we did well or haven't done well in the past
2) last yr we took up the following initiatives of which we screwed up on some& these few we got right
3) we plan these 5 this year to grow or maintain sales and profitability
4) wish us godspeed (2/2)
Already dog-tired reading holier than thou AR's with reams of pages on India GDP, Demon effects, GST opportunities, cost-cutting focus, favourable demographics & CSR.
Dying to see an honest report which says:
1/2
Corporate boards are meant to guide on broad strategy & organization culture
CEO's are paid to have a realistic growth vision.
CFO's & Auditors are paid to be skeptical & question
Investors if they want to stay afloat, have to wear all 4 hats.