Monthly Archives: January 2009

It shouldn’t come as any big surprise that with such a provocative title, we would be saddled with questions as to how an economic depression is even defined. Of course, most portfolio managers still don’t know that a recession is … Continue reading →

Recession, recovery, trade war and artificial life – welcome to 2009 Growth of Global Money Supply Did Speculation Fuel Oil Price Swings? US dollar is the world’s biggest Ponzi scheme Why the crisis hasn’t shaken the cost of capital Why … Continue reading →

A writer was commenting on how Warren Buffett was a principled man, and that his values translated in business success. What struck me was Buffett’s adaptation of Einstein’s equation for the theory of relativity. e = mc² (squared). For Buffett, … Continue reading →

I have created following compilations Benjamin Graham Warren Buffett Charlie Munger Seth Klarman Rakesh Jhunjhunwala Do have a look!

Why the crisis hasn’t shaken the cost of capital The cost of capital hasn’t increased so far in the downturn—and didn’t in past recessions. The End of the Financial World as We Know It by Michael Lewis & David Einhorn … Continue reading →

Risk Mismanagement By Joe Nocera ‘The story that I have to tell is marked all the way through by a persistent tension between those who assert that the best decisions are based on quantification and numbers, determined by the patterns … Continue reading →