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The Mark Mobius View

January 15, 2012 Leave a comment

wealthymatters.com Here is a recent interview from Forbes India to counteract all the gloom and doom

Mark Mobius: Debt crisis will help emerging markets

Dr Mark Mobius, executive director, Templeton Emerging Markets Group, tells Pravin Palande and Shishir Prasad that he is optimistic about India and in many cases, a weak rupee may actually benefit some companies in the country.

Dr Mark Mobius

Profile: Executive director, Templeton Emerging Markets Group

Career high point: Consistently voted as one of the most influential investment managers in the world

Last vacation: Doesn’t take any.

Known for: Travelling a lot; comic book based on his life

The idea of a single currency (euro) for differing political units seems to be in trouble. What does it mean for global currency markets? Read more of this post

Filed under Tidbits Tagged with China, emerging markets, EU, Euro, France, Germany, Greece, India, Indian Rupee, Ireland, Mark Mobus, Portugal, postaday, Spain, US dollar, Zimbabwe

Of Skyscrapers And Recessions

January 15, 2012 Leave a comment

I came across an interesting hypothesis by Andrew Lawrence in today’s ET.

Lawrence explains that “high buildings are typically driven by cheap and available capital-high land values,high construction costs-and therefore marks the cyclical peak of the credit cycle.The higher the building the often more abundant and cheaper capital is relatively.”

“Skyscraper building booms do not appear in every economic upturn,but simply in those with strong expansion and typically driven by cheap credit.So when you see a skyscraper boom it should signal concern over the extent,nature of the upswing and the extent of the downturn.”

Mmm…..food for thought isn’t it?Mumbai today seems to have a couple of new towers coming up in almost every street.

Filed under Theory, Tool Kit Tagged with Andrew Lawrence, credit cycle, downturn, India, peak of credit cycle, postaday, recession, Skyscraper Index, skyscrapers Mumbai, upswing

Comparing SENSEX Double Top of 2008-2010 With 1992-1994

January 15, 2012 Leave a comment

wealthymatters.com Read more of this post

Filed under Paper Assets, Theory Tagged with doubletop, market phase, postaday, range bound, sensex, stock market, stock market investing, stock picking

The BSE SENSEX In Leap Years

January 8, 2012 1 Comment

wealthymatters Here is an interesting anecdote I found today at http://hksecurities.blogspot.com/2012/01/2012-leap-year-and-history.html

In every leap year BSE Sensex’s ‘YEAR HIGH’ was above previous year’s high since its inception. Read more of this post

Filed under Paper Assets, Tidbits, Tool Kit Tagged with BSE Sensex, BSE SENSEX Prediction, Leap Year, postaday, Sensex in 2012, Year High

Rocket Singh – Salesman Of The Year

January 7, 2012 Leave a comment

wealthymatters Feel like a movie over the weekend?Might I suggest Rocket Singh – Salesman of the Year? Here is a link to the complete movie http://www.hindilinks4u.net/2009/12/rocket-singh-salesman-of-the-year-2009.html

The movie is about how Rocket Singh becomes an entrepreneur.I watched this flick a couple of years back when it was newly released and I remember liking it a lot.I hope to feel the same tonight.If you have not caught this film as yet I urge you to do so.It’s well worth the time

BTW I hear that these days it’s part of some b-school’s course work.So watch,have fun,learn and maybe feel a bit virtuous too.Ciao!I’m off to watch the movie!