Modern Hindu

This is not a religious post unless you live to eat.
There is a dhaba kind of eating place on the 4th floor of a moth-eaten building near Sterling cinema and opposite the TCS headquarters in Fort, Mumbai. Us jagah ka naam hai “Modern Hindu Hotel”.
They operate on the “fixed menu for a day” model like [...]

Real estate in bad state – 2

RBI governor, Mr. Y. V. Reddy has hiked the Repo rate by 50 bps and CRR by 25 bps. Repo rate is the rate at which our banks borrow rupees from RBI. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases borrowing from [...]

Kabhi Kabhi Aditi

What if the song from JTYJN is translated into English? It still remains a song like the one below:
Sometimes in life, Aditi, someone seems like your own, just like that.
Sometimes Aditi, when they are separated, it seems like a dream.
In such a condition, how can anyone stop their tears from flowing?
And how can someone think [...]

The Dhando Investor

Finished reading the simple yet excellent book by Mohnish Pabrai. I believe its a good read even for those who are not a bit interested in stock picking. He talks about Patels, Mittal, Branson and himself highlighting the common gene of value picking in businesses they have done.
Not too thick also, a one day read.

facebook status updates

A compilation of some weird such updates from my friends. Names omitted for privacy purposes.
XXX is hoping there wouldnt be a particular short term memory loss.
YYY is confounded by subgradients.
ZZZ Jaipur, Bangalore and now Ahmedabad.. all in states ruled by BJP. Conspiracy theories? But then terrorism is a conspiracy!
AAA is excited and also a little [...]

Real estate in bad state

When your job has nothing to do with buying, selling, renting, leasing property and someone comes to you with an opportunity to invest in a lucrative (obviously on papers and spreadsheets) real estate deal, definitely all is not right. And if the number of such deals offered to you rise on a weekly basis, you [...]

Is the market over-valued?

What has really changed in the past few weeks?
(a) The Oil is still trading at levels much above our comfort zone, so what if it has declined by 15%. Do not investors oversell when oil climbs up assuming it will peak at $200? The euphoria is no less with they becoming over bullish when it [...]

Rain rain come again!

people of the land are in terrible pain
O rain, come again!
You like playing games, favorite is hide and seek
it breaks our hopes, makes India’s balance sheet weak
most of us love you in your pleasant form
but no drops this time has been the norm
our friends in vidharbha cherish that each drop
without which they cant grow a [...]

Nice Senti from Dr. Manmohan Singh

Our PM, Dr. Manmohan Singh did not read out his statement, he submitted this copy to Speaker of Lok Sabha Speaker Somnath Chatterjee.
Excerpt from his speech:
“I have often said that I am a politician by accident. I have held many diverse responsibilities. I have been a teacher, I have been an official of the Government [...]

The Dark Knight

Good but not my type!