The Sensex may have given 19% returns over 33 years, however it may not have given 19% in any particular year! This is fairly simple – the standard deviation is quite high, and good years are followed by bad years. Simple. In the year 2011 the sensex’s performance looks bad because of the poor […]
Greece is in financial trouble – and by now all of us know it. The trouble is a result of years of mismanaging the economy. All you have to do is read Michael Lewis’s article about this in Vanity Fair – and it had appeared long back. How different are other countries? Well not very […]
Well this is the question a NRI is asking…sure Indians are also asking, but face it, they have no choice! Let us look at China. If I had my money there, I would be worried and pulling out. The government has too much money and it does not let the citizens spend – that is […]
Where exactly are we headed? – A government which has no clue what is happening. The Finance Minister talks about a 8% growth. The reality is more like a 6.5% growth (well the government says 7.1 with a downward bias) -The Rupee headed towards 55 if not worse. -The RBI wondering what to do. It […]
Can airlines really be profitable if ALL THE AIRLINES: – BUY aircrafts from the same manufacturers – Land at the same airports (and pay the same charges) – Use the same airport infra – recruit from the same pool – have a union that will decide the salaries and the bonus – fly the same […]
It is always easy to predict – especially if you have nothing at stake! The world is today very worried about the Euro problem – because it is much bigger than the US problem. In fact the situation is so bad, that US has even decided to teach Europe about coping with the crisis…LOL. […]
Money is a Coward. When it is scared it Runs away from the place of Crisis. – Ayn Rand in one of her books where she says Money is ONLY for people who respect Freedom and Democracy. It is happening in Europe. Money will run out of Europe. Either from the main door (long lines, […]