I started off as a fan of Meru cabs – largely using it for airport trips initially. In fact at one point Meru became an addiction especially in Delhi and Bengaluru. In other cities Meru became very useful especially because I had no clue about distances and the geography. Then Meru started looking more and […]
For students of Economics, there used to be a concept called ‘Free Market’. The USA was considered to be the home of free markets along with old democracies like France, UK, Japan and the like. Many economists believed that the Free Market was never born, but that is debatable. After much thought, searching and with […]
A couple of days back (Monday 8th to be precise) I was at my parents house. Suddenly my dad switched on Jaya TV – and I watched the ‘Thuglaq’ annual show – which he does for the Pongal festival. Two great speakers – one was Gurumurthy and the other speaker was Cho Ramaswamy himself. Amazing […]
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 […]
Somewhere in the quest for scale individualism goes for a toss. All doctors are urged to think in a particular way by the pharma industry. All Chartered Accountants are part of a body which either guides or prods them to think on same lines..somewhere the independent thinking individual is being smothered if not killed. Look […]
Recession, slow down, pessimism about the Indian economy (of course because of the recession in the U.S. economy) are words that become common place in local lingo! Everybody and his aunty is now convinced that the Sensex will touch 5000 very soon, and the last place to be investing now is the equity markets. […]
What a move by the US regulator and followed by the European regulator. Great. Now you cannot short sell. However, please remember you can always buy put options and make money. Unless regulators around the world allow free markets to play, there is no cribbing about how the market behaves. If somebody has short sold […]