Author: kumbhorg

If I were to sum up the mindset of New Yorkers who elected Zohran Mamdani as mayor of New York City, it would be We want something for nothing, and we want the rich to pay for it. Instead, they will get nothing for something, and they will pay for it with a degraded quality of life.  Mamdani’s victory was paved with ingratitude for the blessings New Yorkers receive daily. The mindset demanding “something for nothing” from society is not just a political phenomenon, but a profound lapse in economic understanding and moral character. Frédéric Bastiat, in his Economic Sophisms,…

Some stuff I am reading today morning: Last Letter of Warren Buffett (BH) Details of Adani Ent Rights issue (BSE) ONGC eyes strong output growth (OP) Stock Talk: ABB India (FE) Market returns happen when you sleep (HT) Hyperscalers are understating depreciation (Michael Burry) Multiple ways to get 15% CAGR returns (Gorilla Game) Set Return expectations right (Nooresh Merani) 2 Capabilities to excel at Finance (F&F) The great Mumbai land grab (ML) Discover more from Alpha Ideas Subscribe to get the latest posts sent to your email.

Kolkata Knight Riders (KKR) are all set to release their captain, Ajinkya Rahane, and vice-captain, Venkatesh Iyer, ahead of the Indian Premier League (IPL) 2026 mini auction. This comes as a massive development because the release of Ajinkya Rahane and Venkatesh Iyer will mean that the Kolkata Knight Riders (KKR) will have to look for a new pair of leaders. Ajinkya Rahane, Venkatesh Iyer OUT, Rinku Singh IN Kolkata Knight Riders (KKR) won the Indian Premier League (IPL) 2024 under the leadership of Shreyas Iyer, but had a horrible campaign in the Indian Premier League (IPL) 2025 as they finished…

Arsenal captain Martin Odegaard looks unlikely to be fit to face Tottenham, following an update on his recovery from Norway coach Stale Solbakken. Arsenal captain Martin Odegaard is “some distance away” from returning to action, according to Norway coach Stale Solbakken. Odegaard has not played since suffering knee ligament damage in Arsenal’s win over West Ham on October 4. It is hoped he will be able to return for the North London derby on November 23, but Solbakken’s words on Odegaard’s recovery have cast doubt on that possibility. Arsenal skipper making steady progress Odegaard has joined up with Norway in…

When Will Artemi Panarin and Adrian Kempe Sign Extensions? Dave Pagnotta of the Fourth Period joined SiriusXM NHL Network Radio on Monday with Gord Stellick and Scott Laughlin and was asked about the latest contract negotiations between the New York Rangers and Artemi Panarin, as well as Adrian Kempe and the Los Angeles Kings. NHLRumors.com Transcriptions Scott Laughlin: “Yeah, to that end, Dave, Artemi Panarin, shaved his head, and he initially had a bit of an offensive response. Then they played the (New York) Islanders on Saturday, and it was a home game once again, where the Rangers couldn’t find…

Kevin PeacheyCost of living correspondentGetty ImagesA decision to reject compensation for women hit by changes to the state pension age will be reconsidered by the government.Campaigners say 3.6 million women born in the 1950s were not properly informed of the rise in state pension age to bring them into line with men. Last year, the government apologised for a 28-month delay in sending letters, but rejected any kind of financial payouts.A document was not shown to Liz Kendall, who was Work and Pensions Secretary at the time of the decision, but had since come to light and needed to be…

As Ram Gopal Varma’s cult classic Shiva gears up for its grand 4K re-release, conversations around the film have sparked nostalgia and unexpected revelations. During a recent promotional discussion featuring Animal director Sandeep Reddy Vanga, Nagarjuna Akkineni, and RGV himself, fans were treated to an intriguing behind-the-scenes story — one that connected Nagarjuna’s Shiva legacy to Ranbir Kapoor’s passion for Animal.In the now-viral clip from the discussion, Nagarjuna revealed how deeply invested Ranbir was in Animal long before filming even began. When Ram Gopal Varma asked Sandeep if any actor had doubts before signing the film, Sandeep said, “Ranbir never…

Aishwary Tomar, Samrat Rana, Esha Singh win silver at ISSF World Championship. (Credits: X) Indian shooter Aishwary Pratap Singh Tomar secured a silver medal and equaled a world record in the men’s 50m rifle 3 positions final at the ISSF World Championships in Cairo, Egypt on Tuesday. In addition, Indian duo Samrat Rana and Esha Singh clinched silver in the 10m air pistol mixed team event, maintaining India’s second position in the medal tally behind China.Tomar scored 466.9 in the 45-shot final, finishing just 0.2 points behind China’s Olympic champion Liu Yukun who scored 467.1. This marked Tomar’s first individual…

Tennessee’s plans to expand private school vouchers in 2026 remain uncertain, contingent on the state’s budget projections, according to Governor Bill Lee. As lawmakers weigh K-12 education funding for fiscal year 2026-27, the exact number of new vouchers the state can support is still unknown.The Tennessee Department of Education declined to provide estimates during recent budget hearings, leaving both total K-12 spending and private school voucher allocations unclear. The department indicated that funding decisions depend on enrolment figures and overall revenue projections, despite the school year already being three months underway.Demand for vouchers outpaces supplyThis year, Tennessee spent $144 million…

October was not gentle to the crypto world as prices fell instead of increasing. Unpleasant surprise for many. Can we expect better performance for November? Is ETH USD going to explore towards $10,000 as many are predicting? History shows that there is always money to be made from the markets. Let’s find out what insight technical analysis can provide for the upcoming weeks. Ethereum Exchange Supply on Binance Falls to Its Lowest Level Since Last May “Overall, current indicators reflect a transitional phase in the Ethereum market, where investors appear to be accumulating and holding.” – By @ArabxChain Read more…