I have been inundated by brokers and issue managers alike about why the Stan C public issue of IDR (Indian Depository Receipt) is such a great product. I agree. I would love to have a big global bank with aggressive growth plans in markets like Asia, Africa, …and other parts. So inspite of the fact […]
Here is an article which many people liked..on Moneycontrol. Read the comments…there is a general feeling of ‘how do I save money’ kind of an attitude.. Read on… http://wealth.moneycontrol.com/columns/financial-planning/18-ways-to-cut-costs-/12212/0
Germany decided to bail out Greece – or rather joined the bandwagon of ‘Greece bailout helpers’. In its heart perhaps the Germans know (knew) that this is not a great deal after all. Of course the market had to tell the German government what it thought. So the market started selling Government bonds. The Government […]
I hope there are many readers of my blog who are fans of Ayn Rand. She surely made a whole generation think about money in a more positive light. Of course agreeing with her philosophy of the ‘Art of Selfishness’ is difficult, it is at least a thought. I do not know whether I am […]
OK Thailand is not in the same category as Greece and Portugal..but if the Red Shirts continue…then the recovery of Thailand will take a beating… Feels good to say …’I said it here first’….as channels would have said..see my posting of 22nd April. The White Man had NOT PRICED in the default or even the […]
Thank God Human memory is short. Imagine if you had a long memory you would remember the punishment you got in class 7 for not doing your home work! However one of the important FAILURES of the 2008 was the rating agency companies ability to know the difference between a AAA and D-. Even now […]
If there is one China lover, it is Marc Faber. Yes Marc Faber the author of the Gloom, Boom & Doom Report says China is overdoing it. “it does not make sense for China to build more empty buildings and add to capacities in industries where you already have overcapacity. I think the Chinese economy […]