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The other day Jim Rogers claimed that he foresaw a 100% probability of a U.S. Recession – a probability that gives him no room to escape, but then again, this is not the first nor the last time he has predicted the unpredictable. In his book, Clash of The Financial Pundits, Josh Brown writes about one such guy – Joe Granville and its a fascinating...
Of all the Industries, the one that is loathed despite its laudable achievements is the world of finance. If not for the inventions in finance, most of us would still be bartering stuff around and hoping that you have what I need and you need what I have. While inventions in other industries are lauded, in the world of finance,...
First off, the Title is a Rip off of a very interesting book by Ned Davis that I read and recommend you read it if you are interested in looking at market in different ways. Of course, not all the charts that are provided in the book can be easily re-created, but at the very least it will give you...
Of the major Superheroes – Batman, Spiderman and Superman, to me, Spiderman deserves a special place for unlike Batman, he is no Billionaire with a R&D team to conk out his villains nor has the Superpowers that Superman has. He is just a ordinary guy who gets ability to jump buildings. Maybe his humility also comes from his Uncle who...
“Shooting the messenger” is a metaphoric phrase used to describe the act of blaming the bearer of bad news and while theoretically we all love to be told the truth, the reality is that we fear the truth that does not appear appetizing to our view of the world. Every week (in fact, every day), most newspapers carry a column...
There is a old saying that says “never ask a barber if he thinks you need a haircut”since its in his financial interest that you not only get a haircut but maybe a head massage as well. A Real Estate agent (even one appointed by you for your best interest) would try to close the deal even if waiting a...
One of the stories that was often told to newbie’s in the stock market was how investing just a small sum of 14,500 in 1993 public issue of Infosys would have been worth a few million rupees as on date. There is no falsehood in the statement either since Infosys had for long been a darling stock of the market...
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