The Politics & Economics Of Sugar : The Ordinary, The Pedestrian & The Unique
In common with the rest of Indian agriculture, the sugar sector has certain features that are common with other forms of land usage, but in
Understanding Risk
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Bang : And now, for the aftermath….
Just last month, I dwelt extensively on the over-valuation building up in the main indices. Besides the details given in that article, there were other
Bonding The World A Unified Way of Looking At All Markets
How do we think of Bonds? We pay (to the borrower) a Principal amount, say, Rs.100 on the 1st of January and we expect to
An Asset Class Called Governance : The Case For Selling Gold Against Something
For almost a decade, Gold has been the ‘trade of the decade’. Buy the dull metal against almost anything: stocks, currencies, debt, anything but ‘precious
Playing Chicken : Why It is Dangerous to Play For Low Stakes
‘Chicken’, by the way, is a game similar to ‘blink’, where children try and outstare each other. The first one to blink is the loser.
A Lifestyle Called Risk The Relationship Between Risk & Return
It all started back in the caves. While we prepared to go out hunting bears, this fellow used to come around. He had a big
About Risk, Then Returns : The Mistakes We Make In Planning Investments
In looking for returns on our investments, let’s look at the risk first: Risk is the possibility of PERMANENT LOSSES: the so-called risk of a
Riskless Risk : When What You See Is NOT What You Get
I stumbled upon this thought when I was sitting at a seminar, where this doyen of Indian Finance was being feted for his sterling career
About Eggs & Baskets : Some Notes on Diversification
You cannot start on diversification without a clear understanding of the Risks you are seeking to manage. That is why I spent some time commenting
Complexity Theory : When We Don’t Know What We Don’t Know
We don’t know what we know: this comes from the subconscious or ‘instinct’ and includes ‘genetic’ and ‘social’ ‘volatility’ learning. It also includes cultural learning,
