Monthly Archives: June 2008

by MR Venkatesh – Rediff.com In a way it captures the irony of our times. Isn’t it a bit strange that Saudi Arabia, the perceived beneficiary of the relentless oil price hike, should host a summit expressing ‘concern’ on the … Continue reading →

Source: Mint More on Inflation Chief Economic adviser says, Inflation will fall to 5-6% by next June. India’s FM says Inflation to stay in double digit for some more time.

Why 1955? … GM’s shares sank to a 53-year low in intra-day trading on Thursday in New York, where they fell to $11.21 a share. That was their lowest point since 1955, according to ‘Reuters’ . Just have a look … Continue reading →

A report at Business Week says that oil run-up is due to manipulation & rampant speculation … but Oil traders say that it is not. Even India’s FM says crude oil will be a drag on economy. Whatever the view … Continue reading →

“A road map for investing that I have now been following for 57 years.” from the Preface by Warren E. Buffett The bible of value investing-updated by today’s value investing masters Buying a dollar’s worth of assets for 50 cents … Continue reading →

by Peter L. Bernstein – NYT IN 1995, home prices in the United States rose by 1.7 percent. They kept climbing over the next 10 years at an accelerating rate. The climax was in 2005, when the increase was 15.7 … Continue reading →

A new Barrons’ article says that oil must be peaking between the current range of $130-$140 range, while WSJ says Oil will be the next bubble to pop. In Jeddah, Saudi king has pledged that his country will produce more … Continue reading →

The central problem in the stock market is that the return on capital hasn´t risen with inflation. It seems to be stuck at 12 percent. by Warren E. Buffett, FORTUNE May 1977 It is no longer a secret that stocks, … Continue reading →

All numbers are in billions of U.S. dollars, converted at today’s exchange rate if reported in another currency. They are net of financial hedges the firms used to mitigate losses. Firm Writedown & Loss Capital Raised Citigroup 42.9 44.1 UBS … Continue reading →