Entries Categorized as 'Yahoo'

Why You Shouldn’t ‘Invest’ in Life Insurance

Date February 27, 2012

At Yahoo, I write about Why you shouldn’t invest in Life Insurance: The three reasons people buy insurance is: a) To save tax. b) As an investment, to make a good return on their money. c) To feel good that one has some insurance or to get rid of that pesky uncle who keeps mentioning [...]

Alright To Be Wrong…When Investing

Date February 19, 2012

At Yahoo, I write about how it’s all right to be wrong when investing: In 1973, the Kreditbanken (bank) at Norrmalmstorg in Stockholm was attacked by robbers, who held bank employees hostage for five days. After the drama, it was evident that the hostages sympathized with their captors, even though they were held against their [...]

India’s Dangerous Fiscal Deficit

Date February 19, 2012

At Yahoo, I write on The Dangerous Fiscal Deficit Situation in India: While we are battered with news about abandoned babies, victories and then losses for telecom firms, elections in UP and surging stock markets, it’s useful to note the quietly released data on the fiscal deficit that are seriously alarming. The Comptroller General of [...]

Consumer Prices: A Better Inflation Indicator

Date February 15, 2012

At Yahoo, I write on Consumer Prices: A Better Inflation Indicator "Inflation is when you pay Rs. 100 for the fifty rupee haircut you used to get for 25 rupees when you had hair"; a quote I received on twitter. In India, when we speak of inflation, we’ve never really talked about haircuts. No, I’m [...]

The School Of Hard Knocks

Date January 30, 2012

I write at Yahoo: The School Of Hard Knocks Many of us desire to make money from the stock markets, because it doesn’t seem to take a lot of skill. After all, like a casino, all you need is one good trade. That’s what we read about — the success stories of investing talk about [...]

The Irrelevance Of The Sensex

Date January 25, 2012

At Yahoo, I write on the Irrelevance Of The Sensex: In a recent trader meet, a speaker asked on stage where the market closed last. Answers were “4714″ and other figures around the 4700 number, but the speaker was looking for another answer. It dawned on us soon that he was looking for the Sensex, [...]

The Year 2011

Date December 28, 2011

From my year-end piece at Yahoo: 2011 would be best forgotten by the Indian markets. Stocks have fallen around 25%, making it the second worst year in market history, after 2008’s drop of 52%. The rupee has fallen another 20% against the dollar. Petrol prices are so high that pumps now sell it in ink [...]

What To Make Of The Great EU Announcement

Date December 15, 2011

From my piece at Yahoo. Twenty six of the 27 European nations decided to move forward with "tighter integration" and a closer "fiscal union" which seems to have cheered markets tremendously. (The lone dissenter was the UK.) These grandiose statements provide way too little detail in exactly how such a pact would work, and be [...]

Buying Back Our Deficit

Date December 9, 2011

(From my Yahoo Piece) The government has not been able to divest public sector company shares in the market, due to depressed investor sentiment as markets have fallen over 20% in the year. The lack of this "extra" revenue means that total government receipts — or "income" — have fallen 18% compared to last year [...]

Fishing For A Bailout

Date November 23, 2011

From my piece at Yahoo! Much has been made of the fall from grace of Kingfisher Airlines. The King of Good Times — the Kingfisher brand byline — is a Pauper of Bad Times, it seems. The largest airline by market-share (according to its own investor presentation, Oct 2011), Kingfisher recently cancelled a large number [...]