Is there a Robin Hood in You?
Fiction writer Ayn Rand and economist Friedman have strong ideas about how the world should be. In Rand’s fictional world, Robinhood-like character is a villain…
Business
Textbook Case of Deflation, but..
A few days ago I mentioned that fiat money’s march towards M0 is classic outcome of a deflationary economic cycle. The following news confirms my…
Financial Reform: In A Lot Less than 1000 Words
“I Would Recommend You Panic” [updated]
Hugh Hendry is a hedge fund manager from UK. He is one of those “evil short-sellers” that the establishment (read politicians and the banks) love…
Rao Chalasani on Financial Crisis (2 of 2)
I mentioned about Mr. Rao on this blog some time ago when I talked about quants. I caught-up with Rao to make sense out of the Euro crisis. Even though Rao is retired and claims that he is not in touch with what is going on in the markets lately, he is as sharp as ever. This 40 min long interview sheds light on a number of fundamental reasons for current state of world’s financial mess. Those who followed me on my Teluguone Radio show or read my articles on various blogs might find that my views are eerily similar to his views.
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Making Sense of Financial Crisis with Rao Chalasani 1 of 2
Mr. Rao Chalasani was a veteran Wall Street economist who retired in 2000. His long career included stints as the chief economist at Everen Securities which later became First Union Securities. Currently FUS is a unit of Wells Fargo. In the 90s he was frequently quoted in the Wall Street Journal. He was one of the straight shooters on Wall Street and one of the few whom I respected and I paid a lot of attention.
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Introducing the Google TV
Okay, Teluglobers watch the video to see what this new Google TV is all about. If you are interested in knowing more about the event,…
Markets Sell off Today, Still Wall Street Wins
The Senate just passed a stupid bill and called it financial reform. [via CBS Marketwatch] The mammoth legislative package — which passed 59 to 39,…
Carnage!!
Today (May 20, 2010) on Wall Street The pounding continues in Asia (9:08 PM, May 20, 2010) What is going on? Sovereign debt crisis, leading…
The Start-up Schedule
The single largest reason why people give up on their entrepreneurial aspirations and continue in a job is delay in breaking out after college. [The…
Economics: “A Disgraced Profession”
Says who? James Galbraith, son of legendary James Galbraith. Well, this is a late realization for my fellow academic. For at least 14 years I…
Brian Williams on Letterman About the Recent Crash
Here is the video that Mohan garu mentioned on MMGL
Just Take the Money
By now you probably heard about zero-loss trading days for four major banks. If this is not a rigged market, what is? Jon Stewart explains…
Its Official HTC Evo 4G will be on sale June 4th 2010
Finally a super phone on Sprint that eats any phone for breakfast on specs alone. Not to mention the added Adobe flash support, 8 mega…
Get out… NOW!
I am not a stock market “guru.” Nor am I guru wannabe. On April 26th, pretty much to the day on which stock market set…