Ever wondered what is Market Stabilisation Scheme? In 2002-4 the Rupee started strengthening. This was because of the amount of foreign currency that came into India for being invested. This put a lot of pressure on the Rupee – and the strengthening hurt the exporters (remember the great software industry which did not tell you […]
I can choose the headline first and then fit the story! Confirmatory bias we call it. If i decide to do the following stories, I can : 1. Sell Infrastructure funds, they have underperformed 2. Buy Infrastructure funds, they have underperformed, but now they will start performing 3. We need infrastructure so buy infra stocks […]
Will the US default? Well it makes no sense for the US to default…it has enough money to pay. The President knows they should not default, so let us hope that they do not. However if you are tracking the US economy there is a huge…3 digits billion dollar default happening or about to happen […]
Head held high, eyes on the stars, nose to the grind, ear to the ground, money where the mouth is, tongue tied, chest out, feet on the ground, have you tried doing all this simultaneously? Really tough…stop listening to the experts! It is a whole long list of lies that I can enumerate (some American, […]
Copying is very difficult especially if you want to be the first! How can you copy from the second best and be first? So that makes copying difficult. However you could take parts of many and look original…then you need not defend your copying! Warren Buffet made most of his money by staying and investing […]
Nobody believes that tech stocks can do well in 2010, correct? This comes from 2 fears – US recovery will not be too great and that the dollar may weaken. Let us look at the dollar – it looks like the dotcom boom – when we were all sure that the tech stocks can only […]
Ok the jury is still out on this. Once the Pound was the main currency of world trade, then it slipped. It took a couple of world wars, a depression, huge geo-political changes – big parts of the world shifted out of the Pound’s control…and the dollar became the King. However it was not easy […]