Recession, slow down, pessimism about the Indian economy (of course because of the recession in the U.S. economy) are words that become common place in local lingo! Everybody and his aunty is now convinced that the Sensex will touch 5000 very soon, and the last place to be investing now is the equity markets. [...]
I normally do not put such quotes on my blog. But Marc Faber’s comment about the bailout was just too good. So here it is: “Dr Marc Faber, the investment guru commented on the American Economy as “The federal government is sending us a $600 rebate. If we spend that money at Walmart, that money [...]
Real Estate: Greenspan Is Right? Alan Greenspan said falling home prices in America are “nowhere near the bottom”. Y V Reddy has been talking of an asset bubble for quite some time, but in our euphoria we chose to ignore him. Deepak Parekh has been shouting that real estate prices are far too high for [...]
Hi Ramesh, It was a great trip to Pune. I always thought the drive would be great but really it was scary, to say the least. It actually set me thinking about you and your risk taking abilities. To summarize, you and your three brothers are the driving force behind the family business of tyre [...]
Why are gold prices going up? There is actually only one answer – the demand for gold is greater than the supply. In fact this can be the only reason why the share price of any product goes up. Let us look at some reasons why gold prices have been going up – and I [...]
“Investing should be more like watching paint dry or grass grow. If you want excitement take $ 800 and go to Las Vegas.” This is what Paul Sameulson the Nobel Laurete Economist from US had to say. In the Indian context I tell my students and my clients if you want a “kick” – you have [...]