Be laser focused on what you are born for. Disregard/discard everything and everyone else.
Deputy Editor @businessline (Editor Research Bureau; @blportfolio)
Steve Jobs: "focus is about saying no"
I prefer to do the same with my investments. I spend a lot of time researching companies and ultimately say no to most of them, only selecting a handful of high conviction companies.
Ridham Desai is a senior leader in a big firm. I am sure he has a high paying job and his Bonus component would be hefty too. His articulation is really good, English vocabulary is leagues ahead of many non-Elite-school average Indians like us.
But none of this gives him the right to throw random numbers at people. I made a collage of his/MS’s earlier predictions. How can you keep making such random claims and yet, get away?
How does Morgan Stanley allow this to happen?
The relationship among the members of The Police (Sting, Stewart Copeland, and Andy Summers) has always been complicated, marked by great musical chemistry but also by intense personal tensions.
Stewart Copeland founded the group in 1977 and invited Sting to join. Shortly thereafter, they replaced the original guitarist with Andy Summers. Initially, Copeland was the more visible and ambitious member, but over time, Sting became the band’s primary songwriter and public face, which led to resentment.
Sting and Copeland have very different personalities. Copeland is extroverted, energetic, and sometimes explosive, while Sting is more introspective and controlled. Their arguments were frequent and occasionally escalated into physical fights, especially during the recording of Synchronicity in 1983.
They recorded much of that album separately because they couldn’t stand being in the same room together. Andy Summers often acted as a mediator between the two, though he also had his own frustrations with the creative control exercised by Sting.
Massive success increased the pressure, egos clashed, and endless tours exacerbated their differences, leading to the band’s breakup in 1984–1986 at the height of their career.
In 2007–2008, they embarked on a successful reunion tour, during which Sting joked that their greatest achievement was not having strangled each other, but the tensions never fully disappeared.
In recent years, Andy Summers and Stewart Copeland sued Sting in London over unpaid royalties, particularly related to “Every Breath You Take” and streaming revenue.
There was an informal agreement under which Sting would give them a percentage of the royalties in recognition of their contributions as arrangers, but Copeland and Summers allege that it has not been fully honored.
The idea that paper can’t be folded more than 7 times is a myth. Each fold doubles the thickness, making it rapidly harder. In 2000, 16-year-old Britney Gallivan disproved this by folding a 4000-foot strip 12 times and creating a formula for the required paper length for multiple folds.
Theodore Roosevelt read every single day
Even on his wedding day
Even while exploring the Amazon
Even the day he charged up San Juan Hill
He read 20,000 books in his lifetime
"I am part of everything I have read"
A lot of ppl are still crying about the Y-axis on the inventory chart on the feed.
It might make them look like intellectual market analysts on the surface, but they’re actually talking absolute nonsense.
Like I’ve flagged before, Commercial MOI and Minimum Working Stock take up a massive chunk of total global crude inventories.
The global oil market has spent the last two decades chasing peak economic efficiency, which has left the supply chain way more fragmented than before.
Because of that, the baseline crude volume required just to keep the plumbing from freezing up has moved higher.
It's basic math: the systemic baseline you need when the world is burning 85mb/d is obviously a different beast than when we're running at 105mb/d.
The actual Commercial Available Inventory is a drop in the bucket compared to total global crude stocks.
That’s exactly why the street fights over a mere 1mb/d balance shift in normal times, and why the tape whips around bc of it.
Forget the major hubs—just go kick the tires at any local refinery. You’ll see that the actual available barrels are way tighter than the headline printed numbers.
It all comes back to Commercial MOI and Minimum Working Stock. This is exactly why you need to lock your eyes on Commercial Available Inventory and the SPR.
Trying to aggressively force down Commercial MOI and Minimum Working Stock has a hard floor, and pushing past it just breaks the entire system.
So seriously, cut the noise about the chart's Y-axis. Completely aside from market self-correction and rebalancing, I don't even understand what these guys are trying to argue about a metric that physically cannot go to zero and naturally has to hold at a much higher baseline.
#oott #iran
RBI’s balance sheet grew 20.6% in FY26, driven by stronger gold holdings and higher domestic investments. Rising interest income also gave earnings a boost
✍️Sourashis Banerjee
@businessline
Freddie Mercury met Mary Austin in 1969 when she was 19 and working at the Biba clothing store. Freddie was 24 and selling secondhand clothes at a market in Kensington.
They started dating shortly thereafter and moved in together into a small apartment. In 1973, Freddie proposed to her and gave her an engagement ring. They were engaged for several years.
Around 1976, Freddie confessed to her that he was bisexual. Mary replied that she believed he was actually gay. The romantic relationship ended at that point, but their emotional bond never broke. They separated as a couple but remained extremely close until the end of Freddie’s life. He considered her his great love and his closest confidante.
Freddie made some very revealing comments about her in several interviews, such as: “All my lovers asked me why they couldn’t replace Mary, but it’s simply impossible. The only friend I have is Mary, and I don’t want anyone else. To me, she was my de facto wife. To me, it was a marriage.” He also stated that he couldn’t fall in love with a man the same way he had fallen in love with Mary.
Even after their romantic separation, Mary remained by his side. She was there when Freddie died in 1991 and was the person he trusted most throughout his life. In his will, Freddie left her approximately half of his fortune, including the Garden Lodge mansion in Kensington and the copyrights to many songs. He once told her: “If things had been different, you would have been my wife, and this would have been yours anyway.”
Mary has stated that she felt they had lived a marriage, even if it wasn’t conventional. The song “Love of My Life” was inspired by her. Their relationship was a deep love that transcended sexuality, labels, and time. Mary took care of his ashes, the exact location of which remains a secret to this day.