One question on the top of everybody’s mind is of course “When will the markets recover?”. That is not just a difficult question to answer, but at best is a wild guess. However, the fun of prediction is to occasionally get it right! The market is a cruel barometer of corporate performance. In the preceding […]
One of the top most CIOs of a mutual fund (I really mean a big fund house) told me “Subra we have perhaps seen the best bull run in our lives” in June 2008. However being a fund manager he could not tell all his clients pack up and go. Similarly many other fund managers […]
It is funny how politicians react to a difficult situation. And the similarity and predictability of their reaction. When commodity prices go up, our great Chidambaram bans price discovery! A study can clearly show that the prices of goods are influenced by demand and supply. When demand for a product increases, price increases and when […]
I would have called this a million dollar question. However, thanks to this great meltdown, let me call it the Trillion dollar question. The Optimistic view: the world loves a bull market. The world loves a winner. The world loves to see the “good” man win – that is why we pay millions of rupees […]
There is a huge mafia out there pretending to create above market returns for all of us! They go by various names – fund manager, portfolio manager, equity analysts etc. If all of us get better than average returns, will the average itself not have gone up? So there are a few things you should […]
Markets in the country are going through a bad phase for sure. However, it may be an opportunity to buy if you are optimistic. The main worries are – 1. There is a large sales force today far, far divorced from the end customer! They have no clue how the money is collected, aggregated, and […]
The best example that I have heard as a trainer regarding averages and standard deviation is the following: If one leg of yours is in the oven, and the other in a freezer, on an average you are comfortable. This is a big learning in statistics – the word average makes no sense […]