LIFE


Debashis Basu Debashis Basu 08 October 2009
It is not easy to write a book on market panics and say something new. But this book manages to do that. While it covers interesting topics like types of panics, panic cycle and recent factors that have caused panics, even on something as basic as “is the market always right”, Vines offers...

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  Today’s dollar is worth less; tomorrow’s dollar could be worthless’, sums up Ron Coby in his assessment of the US economy’s future. In his book (Discover the Upside of Down, pages 258; $29.95), Coby reveals how the US Federal Reserve Board is fighting a losing battle. According to him, the Fed...

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  A country that is deeply caste ridden, whose politicians are venal, whose middle class is caught in its own narcissism, where a state is not averse to targeting minority groups, whose privileged are comfortable with exploitative labour, where the State does not deliver even basic social...

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David Faber is an award-winning journalist for CNBC who had done a long documentary titled House of Cards on the financial crisis of 2008. A TV reporter has an extremely limited opportunity to explain complicated financial and business issues in great detail. The medium does not allow him to do...

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When the World’s Worst Holiday-maker poll surveyed more than 1,000 tourists who holidayed in Spain, France, Cyprus, Malta, Italy, Turkey, Greece and Portugal, it was the Russians who were voted the worst. They got one-third of the votes. Voters felt that Russians were “tracksuit-wearing, greedy,...

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A New Approach to Charting Growth After more than a 100 years of success as a product-focused company, DuPont realised it was time to adopt a service approach of “getting paid for what we know.” During the technology churn of the 1990s, IBM’s bright idea of ‘on-demand computing’ set the stage...

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George Angell, in his new book (Small Stocks for Big Profits, John Wiley & Sons; Pages 210; $49.95), says the big opportunity for individual investors lies in emerging, relatively unknown companies overlooked by stock analysts and institutional investors. He provides strategies for finding...

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Tips On Value Investing Playing Wall Street is an art, not a science,” says Harvey Houtkin. In his latest book, the late Houtkin, known in the financial community as the ‘father of day trading’, finds that conventional Wall Street wisdom works against the average investor. “If you want a...

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Amritha Pillay reports on the philosophy and activities of The Health Awareness Centre, an NGO focused on women and child welfare Amidst a barren landscape where you see nothing but weeds is a large plot with a small, modest-looking house surrounded by tall, thick trees and lush greenery....

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Roberto Mignone of Bridger Management, a hedge fund, does not have much of an opinion about Wall Street research. He discovered early in his career that a lot of it is incomplete or just plain wrong. Mignone and his team seek out primary sources to verify the company management’s line. They go...

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The All India Management Association (AIMA), the apex body of professional management in India, has published its first ever Business School Directory. AIMA, which had come out with a Best B-Schools Survey in 2008, has now compiled a comprehensive and exhaustive list of over 1,700 business...

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Great historical research but suspect prognosis The thesis of this book is simple. Starting from 1971, when defence manufacturing company Lockheed was rescued for $250 million, the US government has been consistently bailing out US companies. From loan guarantees for Penn Central in 1974...

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Going beyond women's welfare and working for gender freedom. Amritha Pillay describes Educate a girl child and you educate the whole family’ is a popular slogan aimed at promoting girls’ education in India. And many do, indeed, believe in it. Here is an organisation which started with...

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Read this story and see if you can find any parallels with investing. Zhuge Liang led an army to Qi Mountain six times. Eventually, he fell sick from exhaustion and passed away at an army base. Before he died, Zhuge Liang told his deputy, Jiang Wei to keep the news of his death a secret. He also...

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Debashis Basu Debashis Basu 27 August 2009
A fine new book that synthesises the latest market theories and offers practical solutions It is rare to come across a new book on markets with fresh ideas. This book does not pretend to be one. But this is one of the best recent books that synthesise the cutting-edge theories of how markets...

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Dr Nita Mukherjee describes how this NGO is marrying traditional knowledge with modern building technologies The post-quake rehabilitation in Kutch saw wide usage of rammed-earth construction, based on the traditional knowledge of artisans and the strengths of traditional building systems....

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Foreign institutional investors (FIIs) were allowed to invest in India since 1993. In 2005, Indians were allowed to invest large sums overseas. Global investing may seem new but it is not. Before the Russian revolution, you could hear French investors discuss their Russian bond investments in...

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In arid Kutch, an NGO uses the most abundant renewable resource, Dr Nita Mukherjee describes how Sahjeevan, literally sah, which means together, and jeevan meaning living, was founded as a response to the needs articulated by Kutch Mahila Vikas Sangathan in the early 1990s. These rural women...

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The chair on which JK Rowling sat to write The Philosopher’s Stone and Chamber of Secrets, the first two books in the Harry Potter series, is up for grabs on eBay. She was, of course, an impoverished single mother at that time, living in her Scottish Council flat surviving on benefits and...

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The secret behind Jamie Dimon’s rise to the zenith of US banking Jamie Dimon carries with him an A4-size paper in which he writes down and keeps track of any number of things, especially information that he has asked for. The paper is covered with dozens of little rectangles in blue ink:...

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