Distilled Wisdom
The principal author of this book, John P Reese, was a successful businessman with degrees from MIT (a member of the Artificial Intelligence Laboratory) and Harvard Business School. He was a computer engineer who had built a networking company which he sold to a much bigger firm “for a good deal of money.” With the money he got, Reese started investing seriously, probably assuming...
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7 Stocks that are Still Cheap?

The major indices shot up almost 100% between early March and mid-June and now have started giving up some of the gains. We don’t know if this was the first leg of a major bull market, as some experts say, or it is just a reaction to the steep decline of last year. The fact is that scores of Indian companies continued to grow robustly through the so-called difficult 2008-09. Many have even...

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Rupee See-Saw

The currency markets have been adjusting the valuation of the US dollar over the past six years. Its trade-weighted index now, at 80, appears fairly adjusted against all the major currencies compared to its peak of 120 in mid-2002. Viewed against this performance of the US dollar against major currencies, at around its current price of Rs48, the Indian rupee has gained about 3% from its level...

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