"The fox knows many things, but the hedgehog knows one big thing." - Greek poet Archilochus.
In his autobiography, Le Fric, disguised as a novel to avoid lawsuits, a French playboy trader Jean-Manuel Rozan discusses playing tennis at Hamptons on Long Island, USA, with Georgi Saulos. Initially, not
knowing how influential Saulos truly was, he describes Saulos as an “older man with a...
Tens of dollars of Participatory Notes helds by foreign investors will have to unwound. It was necessary but it will make the stock market volatile. The risk has suddenly gone up.
In our cover story (28th September-11th October issue), we had forecast that we are entering a new bull market following a startling cut of 50 basis points in the US Fed Funds rate on 18th September.
But we...
SBI has many valuable parts. But the Bank does not want you to know them
One of the newspapers recently carried a report that more than 100 companies are trading at a P/E of over 100. However, the report left it at that, without bothering to find out possible reasons for it. One reason could be the hidden value of subsidiaries or other investments that the market may be factoring in and not...
