Being Discreet

Being discreet is an important part of business etiquette

A manager is a repository of many confidences. There are confidences about a company such as new research projects, new development initiatives, new products to be introduced, new organisation structure, impending promotions, acquisitions, plans for transfers, quarterly or annual appraisals - and many others. Even more, there may be...

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Watch That Credit Card Spend

Credit card rules can be bizarre. Read the fine print on your credit card bill and spend prudently

In June 2007, MoneyLIFE carried a cover story on the complex and indecipherable credit card rules and how consumers are often duped or harassed by them. In fact, nearly 80% of complaints to the Reserve Bank pertain to credit cards. Our report had a simple conclusion: ‘customer beware’. There...

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Rogue Drivers

Why did quantitative techniques fail in the recent bloodbath? It’s not the failure of the models; it was like driving on a road full of rogue drivers. You can get hit despite your skills

In the recent bloodbath in the US market, one set of traders in the $1.5 trillion hedge-fund industry was supposed to come out as winners - those who practise quantitative techniques. Instead, Goldman...

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