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Entries from August 2007

Countrywide - an appropriate name

August 26th, 2007 · No Comments

Angelo Mozilo (aka fake George Hamilton) who runs Countrywide couldn’t have picked a better name for his company which he founded in 1967 with David Loeb. Why? because the impending collapse of the subprime market (which will happen) is being felt country wide. And, in reality it’s being felt around the world, Bank [...]

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Tags: Business

Reliance’s Missed Call

August 16th, 2007 · 1 Comment

Lately, I’ve been noticing that Anil Ambanis’ Reliance-ADAG has been building up a portfolio that other entertainment groups around the world could only dream of. If content is king, then distribution is god. Reliance-ADAG has both pieces that are critical to dominate the market. However, I feel they have not been able to [...]

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Tags: Business · India

Cars around Mumbai

August 12th, 2007 · No Comments

Some pics of cars I’ve seen around Mumbai. The gray Bentley and maroon S class were seen around Peddar Road. The black Bentley and Cayenne Turbo were seen near the Mahalaxmi Racecourse. The 911 was parked at the Hyatt in Kalina.

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Tags: Cars

Subprimal fear

August 2nd, 2007 · 1 Comment

It’s late 2003, and I’m sitting in my rented apartment in Redondo Beach, California thinking I need to buy a house. Why? Because everyone is telling me it’s the best thing to do and throwing money at rent is stupid. So I get a real estate agent to show me around Hermosa [...]

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Tags: Business · Investing