Tag Archives: investing

To understand (or prevent) the next crisis, read ‘The Money Formula’

Do you want to know how the next financial crisis will arrive, and how it could be prevented? In that case, read “The Money Formula“, a book by Paul Wilmott and David Orrell published earlier this year.

It shows you, with mathematical precision, what the financial world did not learn from the previous crisis. It also shows why it is so difficult for the rest of the world to catch them out.

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What religion can teach us about business management

— This article was originally posted in Youth Ki Awaaz, India

By Sourajit Aiyer

One advantage of being an Indian is that one gets to see multiple faiths and religions in close proximity. But the world of our religions often looks very distant from the world of our business.

Many perceive business to be pragmatic and religions to be emotional and that the two do not really intersect. But the texts of various religions actually have a lot of pragmatism, which has a lot to teach modern business management. Here are some of these teachings:

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Fears of quantitative failure and Brexit keep a lid on equities

Capital flows, investor surveys and policymakers’ comments don’t paint a very optimistic picture for the week ahead — or for the rest of the quarter, for that matter.

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New Basel rules mean buy-to-let mortgage interest rates will jump

Ahead of the Chancellor’s Budget set to be published on March 16, there is a lot of speculation that he may announce other measures to cool down the buy-to-let property market. I don’t think he will need to: the market will cool down pretty rapidly once the regulatory changes that are coming for banks are understood by buyers. Admittedly, that will take a while. This article is for those who want to stay ahead of the game.

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Contrarian ‘buy’ signals are strong, but so is the fear of debt

The contrarian “buy” signals in the markets keep increasing, but this doesn’t mean investors will rush and buy like in the good times.

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Emerging markets – is the rally over?

There has been a marked change in sentiment towards emerging markets this year, with more investors getting back in after disappointing performance last year.

But three analysts published warnings about the asset class on Monday. While not calling for an abrupt end to the rises in emerging markets stocks and bonds witnessed over the past few months, the warnings serve as a reminder that volatility can come back at any time.

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A dozen direct investment opportunities in Bhutan

By: Sourajit Aiyer

What sector-specific micro opportunities for direct investment do the recent changes in Bhutan’s economy spell? Following are a dozen that came to my mind based on the observations made during my recent trip there.

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Emerging market investors signal change of heart

There was a larger share of emerging market investors who felt they were under-invested in the asset class in February compared with a previous survey, possibly signalling a positive change for emerging markets, a survey by Societe Generale showed.

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Asia’s final frontier in investment: Bhutan

By: Sourajit Aiyer

Frontier markets have gotten remarkable attention in recent months. As an analyst is said to have summarised it during an investor roadshow in Nairobi: everyone and their dog seems to know something about frontier markets.

Improving governance, positive demographics and reforms initiation at one side, the large population is a major rationale to look at economies like Vietnam, Argentina, Kenya, Colombia, Nigeria, Bangladesh, Romania, Pakistan or even Myanmar.

But judging strictly on the population criterion, there would hardly seem a validation to think of countries like Bhutan. After all, it has a population of only around 750,000 and does not figure on the list of typical frontier markets (hence I have used the term ‘final frontier’).

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