Investors face all kinds of risks in the financial markets. There is credit risk – the risk that a borrower will default on an obligation. Liquidity risk – the possibility that you will not be able to convert a security into cash when you need the money. Market risk – the likelihood that the share […]
Everybody is happy that V Ramakrishnan has got the Nobel prize. Let us make a list of happy people. Tamilians are happy that he is the 3rd Tamilian who has won the Nobel prize. Physics students are happy because Mr. Ramakrishnan is a student of physics. Biologists are happy because he won it for Chemistry. […]
I normally do not write about politics but this are special times! There is a chance that the government will fall (this is a defeat for Anil Ambani) or the government will survive (there is enough that AS and AA can do to irritate Mukesh). However, there is a good chance that if the UPA […]
Many friends in the media will feel let down by this post! After all the media spends so much time and effort on the macro. Telling people that they should look at market cycles, inflation, demographics…. Warren Buffet says ” Ignore the Macro, Focus on the Micro”. Clearly business should be concentrating on what they […]
To win the elections, we will go to any length. Since we do not have anybody auditing our books, we will cook, lie and cheat, so is the Congress slogan. To help Chidambaram say he has controlled the “inflation” at 4% per annum he holds the price of petrol and diesel at $ 50 a […]