Why the smartest decisions are often based on less information, not more

A few years ago, Malcolm Gladwell wrote a best-seller called Blink, a book about “rapid cognition”, something that happens in the blink of an eyelid. The thesis was revolutionary. According to Gladwell, we live in a society dedicated to the idea that we are always better off gathering as much information and spending as...

It is not a bear market yet, but don't believe those rosy projections. It is time to be cautious. Debashis Basu with Shailendra Lotlikar

The Indian market has delivered extraordinary returns over the past
five years. But it has also put off many people who have either taken leveraged bets at the wrong time or have panicked and exited after sharp declines. In the past four years, trading was...

Indian companies have developed an appetite for mergers that shows no sign of waning. Numbers for 2007 are still being tallied, but it appears that the value of all mergers & acquisitions in India – including purchases by foreign firms – will exceed $50 billion, roughly twice the total for 2006 (which itself was about 40% more than that of 2005). Of particular interest is the increase in ...