When I was in college I was told…if you are an American by the time you finish college you can have a car, and in a few years a house…. Now if you were growing up in an economy with 3% growth, rations for milk, sugar, rice and kerosene – you would be impressed, wont […]
If you are a Value Investor – one of the best times to be buying is when everybody is writing you off. So if the power failure in north India was bad, you should have seen the coverage by the international press! They made it look like..OMG this country wants to be a super power? […]
What happens when you see a mirror? do you like what you see? If no, do you break the mirror? Well frankly we would love to, but that is not the answer, right? Similarly when we see filth (Mumbai stinks, dammit) around us, we say ‘Oh Navi Mumbai is not like that’ or some such […]
A finance ministry official says “If foreigners are allowed to invest directly in India, volatility will go down in Indian markets”. I am completely unable to understand this. Like I cannot understand what is wrong with Intra day or Intra month volatility! Markets have always been volatile – the question is how volatile that […]
So at last the world is telling America a simple thing. You cannot live beyond your means for too long. When they had a huge deficit, they went to war at Afghanistan. Then at Iraq. It does not matter how much money you have – if you burn it fast enough, it will be over! […]