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Yesterday, 19th October 2017 marks the 30th Anniversary of the greatest crash seen in US Markets when the Dow tumbled 22.6% (close to close). Unlike 2008 though, this barely had a impact on the real economy which continued to remained buoyant. There is once again fear that maybe we are on the edge of something similar – a meltdown of...
At the Mall I frequent to, a guard uses a hand held device to screen me – front and back. Neither he knows nor I as to what he expects. Beeping is considered normal since Belts / Pens and variety of things cause the same sound. But a illusion is created that once you are inside, you are safe. Seat...
How much do you need to Retire in Peace? The quintessential question has really no clear answers with answers varying based on their own biases and beliefs. On the web, a simple search for “How much to Retire filetype:xls” give you hajaar excel files where you need to put in a few numbers and voila, you have a ready-made number...
Fame is a double edge sword. While everyone wants to become famous, being famous brings its own set of scrutiny and limitations. Take the recent controversy regarding twitter handles followed by Prime Minister Modi. As an Individual, he is entirely at his own liberty to choose whom he wishes to follow and who he doesn’t. But being the Constitutional head...
India has no shortage of miracle men or also known as godmen and as the recent episode in Harayana showcased, they seem to have the ability to mesmerize folks to the extent of committing violence and taking the risk of getting killed for defending someone they don’t even really know that well. Of course, India isn’t unique – we have...
The big read of the week has to be the “Howard Marks” Memo which these days seems to be the second most read fund manager report after the Oracle of Omaha. In this Memo, Howard warns about the Risks that the market seems to be ignoring as the fear of missing out (FOMO) seems to drive money towards ideas that...
Many moons ago, I was offered to be taken as a partner in a company which was started and continued to be run by someone I admired. Given the timing (personally for me), it was indeed a very tempting offer. Then again, I also knew how he treated clients (and their monies) and as much as it would have been...
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