“The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2013 was awarded jointly to Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller for their empirical analysis of asset prices” read my friend Swami from his iPad, as we were having our weekend coffee after a long time. Looking up from … Read more
One hundred lesser would not have made Sachin Tendulkar a lesser legend in anybody’s eyes. Like the last four runs that Sir Don Bradman did not score did not make him any lesser a batsman. Or the last successive Wimbledon title that Federer failed to win in a row did not make him a lesser tennis player in … Read more
“What is the difference between retrospective and retroactive?” asked my broker friend Jigneshbhai, as we met over coffee last weekend after a long time. Surprisingly, the question today was from Jigneshbhai rather than Swami. Swami looked at my broker friend and shrugged it off. “They are the same, I think. Why?” “Well someone from the … Read more
“Andy Murray’s victory in the Wimbledon final last Sunday reminded me a lot of the Indian victory in the Mumbai World Cup final.” Jigneshbhai said when we had our coffee last week. Swami agreed. “Both Andy and the Indian team carried the heavy burden of expectations on their shoulders, albeit Andy had it more in … Read more
Dynastic rule is not new in India. In almost every field of life, it is the default way of functioning. To follow in your father’s footsteps is seen as a matter of pride and families in India boast about it. In politics, it is not just the default, but even if it does not happen … Read more
“It is pathetic – this spot fixing. They get so much money, and still fix”, cried my friend Swami, as we were having our weekend coffee. My broker friend Jigneshbhai was, as always, watching Swami and listening. After a while, Jigneshbhai asked nonchalantly, “Who are you talking about?” As always, this irked Swami even more. … Read more
And for a Saturday, a few stray thoughts and a few general observations and a few points of view (all my own work): Like the Congress seems to be happy about winning the Karnataka elections, but I am unable to decide whether they won, or the opposition lost. Like removing two more or less politically … Read more
“Where is Cyprus?” asked my friend Swami as we were having our weekend coffee meeting. We had met after a long time, as my broker friend Jigneshbhai had been out of town. Jigneshbhai knew what was coming next from the ever-questioning Swami, but like all his terse, double-edged, and somewhat unclear answers, he said “Somewhere … Read more
My readers have been wondering where I have been for the past so many days, and why there have been no posts for a long time. My profuse apologies, but I must admit that I was busy in something more important. Well, not more important as such, but something that kept me busy. I was … Read more