I am really surprised when people ask me ‘Are we in a bull run?’ Why ask – Of course we are in a bull run. Collapse of a few economies in the world – in the middle east. The European crises – Portugal, Spain, Greece, UK…well not in that order, but you get the drift […]
I have never claimed that I can predict well. However having been a broker and having dealt with bankers, I made two predictions – both went wrong. 1. When the Standard Chartered IDR was lapped up by the Indian population, I had predicted on this blog and said ‘now there will be a spate of […]
Well none of us know what next…but let us look at the crystal ball: – we all knew that there were scams. Some have come out, many have not yet. – a scam eruption HAS to by definition bring the markets down – as an acknowledgment of the eruption. – markets could remain low / […]
Taking off from the earlier post..I am not sure whether the interest rates have peaked. One look at the dynamic and income opportunity funds also proves what I say. Fund managers are also divided on whether interest rates have peaked. Frankly I do not care I do not have too much of a debt portfolio. […]
This is an old joke – and you will find it on the net… Albert Einstein went to heaven and God introduced him to 3 people. AE asked the first person ‘What is your IQ?’ he replied – 190 sir! AE said ‘we can discuss my physics theories’..he asked the second person the same question..the […]
Frankly I do not have an answer…but let us see what can happen. Lots of people who have made money on the up ride from 9k to 20k whom I know are happy to sit on cash earning 10 to 10.5% p.a. interest. See the IDBI bank ad – it is screaming a rack rate […]
This is a sequel to the story of a girl who said ‘If I have 10 crores I will be rich’ story. This is a girl who got featured in Lokmat (Marathi newspaper) in a translated story. Here is the sequel. I had asked what could go wrong in the whole process. Well the following […]