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Yup, I mailed in my ballot and it should be over the Atlantic Ocean on it’s way to Montgomery County, Maryland for processing. Do I believe Barack can fix everything of course not.  Do I think he is better then the alternative, of course. McCain scares me and Palin reminds me of a pushy PTA [...]

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Tis the season for the Q3 quarter ending investor newsletters from hedge funds and man some of these newsletters read like a confessional. You can check several of the hedge fund newsletters that I have collected from the internets…TPG-Axon, BAM, Cerberus, Greenlight Capital, Tosca and Perry.  The newsletters follow the same basic construct by being broken [...]

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Wow, what a day on the Indian equity markets…Sensex down 1070 points and the Nifty down 360 points. Currently the Sensex is EXACTLY where it was when I landed 3 years ago at 8,700. And the fun is only beginning the Dow Industrial Futures are down 550 points - limit down. I can honestly say [...]

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Intel’s Andy Grove penned a great book back in 1996 about Intel, business and being paranoid about the competition. People have been asking me what’s happening worldwide, what’s up with India, etc…I see two stories being told depending on the audience.
The positive spin is “in the long term everything will be okay and you might [...]

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With the market rumors swirling about the imminent demise of ICICI Bank, Chanda Kochar the Joint Managing Director was all over TV spectrum clarifying that everything is okie dokie with the bank.  The stock was down 26% at one point but ended down ”only” 19.86%. Watching the TV anchors question Chandra was almost like watching Oprah Winfrey [...]

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Over the past several years the great Indian real estate story has been front and center. From a Bombay point of view it’s been fun to hear about how prices will never come down and the time to buy is now.  Even in the last 3 months, people have been saying the real estate market [...]

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If you are watching your portfolio plummet and wondering what is happening, this post might help you understand with better clarity why it seems your money is being flushed down the toilet.  The 3 combined podcasts run about 100 minutes, I’ve summarized the key points and some choice quotes. However, I highly recommend you downloading [...]

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The subprime crisis has caused havoc to anyone with a pulse.  Most people are affected in a negative way and a select few are actually doing well because of it.  
First the bad news, I’m not 100% sure but I believe Karthik Rajaram is the first person to commit suicide due to the crisis. He lived [...]

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On Friday, the US House approved the revised USD 700 billion bailout to stabilize the financial markets. Henry Paulson has finally gotten his way and now the question remains…will it work? Based on what the equity markets did the last couple days, there is not much confidence. The credit markets are still [...]

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The last two weeks have been mentally, physically and financially draining:
Mentally -  thinking of all the permutations and outcomes is tasking
Physically - checking the markets every 3-4 hours means I’ve gotten very little continuous sleep
Financially - watching your 401(k) go down the toilet is no fun 
Enough of all that non-sense, let’s talk about Ferrari’s…The highly anticipated Ferrari [...]

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