Monthly Archives: December 2008

After a year of battering and tremendous wealth erosion, experts don’t think that the situation is going to improve in a hurry. Almost all investments avenues, barring gold, gilt-edged funds and a few hybrid funds, have tanked big time. Looking … Continue reading →

Five mistakes that you should not repeat in the coming year. For many investors, 2008 was a nightmare that came true. After four years of boom, when the tables turned, it wiped out lakhs of crores of investors’ wealth. Last … Continue reading →

by Joe Nocera – The New York Times “What has taken a number of us by surprise is the lack of adequate supervision and regulation,” Rana Kapoor was saying the other day. “This was despite the fact that Enron had … Continue reading →

The current financial bailout announced by the US is far larger than the expenses incurred on all of its previous major bailouts. Source: Mint PDF File The Leviathan of US Bailouts

While other money managers scrambled to survive the financial market meltdown, value investor extraordinaire Seth Klarman (MBA ’82), president of The Baupost Group in Boston, cautiously pursued buying opportunities. After sitting patiently on the sidelines with a mountain of cash … Continue reading →

Nassim Taleb Interview Taking improbable events seriously: An interview with the author of The Black Swan – McKinsey Quarterly (PDF File) Satyajit Das Interview ‘Citi is now a zombie bank, it’s future is uncertain’

We need to accept the reality that periods of decline, like growth, are a part and parcel of economics. Warren Buffett’s recommendation to “look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate … Continue reading →

Source: Bloomberg More on Rakesh Jhunjhunwala Rakesh Jhunjhunwala, who predicted Indian stocks would fall two months before the benchmark Sensitive Index peaked in January, says the worst may be over for Asia’s fourth-biggest equity market. Stocks are poised to recover … Continue reading →

When it comes to investing, the behaviour we exhibit during challenging market conditions is perhaps the largest impediment to our long-term investment success. We often chase returns, buy and sell short-term, and act on emotions. These easily cloud our judgment; … Continue reading →

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