How many people have told you this: “Invest like Warren Buffett”. Excellent piece of advice, now how I wish it were possible. Let us get the facts right, WB is NOT the world’s greatest fund manager. He is not the world’s most charitable person. He is not….there is a whole list of what he is […]
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 […]
Remember for all my anti US stance, I still think it is a great country, and will be rich and successful because of a millions of reasons. Of course they have power, money, arrogance, and the ability to think they can control the world’s destiny. However the main reasons why it is likely to retain […]
Capitalism is when the capital provider works in the business and wants to CONSTANTLY increase its net-worth by honest means so that he can bequeath it to his children, grand children, great grand children…and all of them take the same view. However if you have people who are ‘building a business to sell it off’ […]
It is the world of capitalism (Socialism has failed they say). So Ayn Rand is here to stay. RIP Ayn Rand, please stop shrugging like Atlas! If we were to believe that capitalism works, we have to assume that all the people connected with one company should have the company’s good at heart, correct? Well […]
The US is not a socialist country. It is in fact a capitalist democracy. So the people can choose what they eat, what their children eat, how much to save….correct? Well, that is what I have been told to believe by some authors of Economic Thought. However in real life capitalism is about lobbying. For […]
Once upon a time long, long ago I used to be a fan of Ayn Rand’s books! This must have been circa 1980 when I was a student and believed that there is a perfect world…and it exists in the world occupied by the White Man. It was a time when it was easy to […]