The economists of the world make on amazingly stupid assumption: “Man is a rational animal” and this leads them to a belief ‘therefore he will do things which are best for him’. This means he will: a) choose the most profitable options – financially rational b) he will take a long term view of things […]
Let us accept some facts early on: There are more bankruptcies than billionaires… We do not have any data about Indian investors, but MORE than agree with Sucheta Dalal and Moneylife that the number of investors have dwindled. This is terrible for the economy, but clearly a regulatory failure. Since we do not know by […]
I think this is not an article, this is a caveat. When you read my articles, please understand that I suffer from the following biases: 1. City bias: I have lived my life in the comfort of a city with good infra. The infra has been deteriorating over a long period of time, but I […]