I just raced through the latest book from Satyajit Das titled “Traders, Guns and Money” and you would think it was a year in review on the global financial markets…WRONG. The book was penned in 2006 and describes his last 25 years in the derivatives market which happens to be what is ailing most investment [...]
Entries from April 2008
Derivatives Deja Vu
April 27th, 2008 · No Comments
The Business of Cricket
April 14th, 2008 · No Comments
We are just days away from the launch of the Indian Premier League (IPL) on April 18th. There was a ton of hype around the end of January when the 8 teams were sold to the highest bidders, the owners were a mix of industrials and Bollywood - surprising I know. Over USD 720 million [...]
DMA…Welcome to India
April 5th, 2008 · 2 Comments
At last the Securities & Exchange Board of India (SEBI) has agreed to allow Direct Market Access (DMA) which will facilitate wire speed Straight Through Processing (STP) on the exchanges. If the previous sentence is as difficult to understand as Kevin Federline’s role in life then you may want to pass on this blog [...]
Tags: India · Investing · Technology
I am Liquid
April 3rd, 2008 · 2 Comments
Although at the moment the financial markets seem okay, there is still an undertone of pessimism. When thinking of the current mess in the markets, one of my favorite quotes that comes to mind is from the movie Boiler Room…
“And best of all kids, I am liquid.” - Jim Young (Ben Affleck)
Unfortunately, that’s [...]