The prices of real estate in the ever booming Gurgaon are 1.5 to 2 times of what they were a year ago. You can even see the parallel in Sensex which is again approaching all time highs. So are you late in the game with real estate? For the time being, yes. Even if we [...]
Sumeet Malik
In a surprise move, Sahara India has made a 2 Billion USD bid to buy long time suffering Metro Goldwyn Mayer (MGM). If the deal goes through this will be the biggest overseas acquisition by an Indian media company. Before this, Anil Ambani led Reliance Media had already forayed into Hollywood with varios alliances. Recently [...]
‘I refuse to live in a country like this, and I’m not leaving.’ Love him or hate him but you can’t ignore Michael Moore. He manages to bring possibly the biggest issue facing the world economy through exploring the problems with US economy, with this film. Michael Moore knows his documentary fundamentals well and you [...]
Finally we have a movie from down under. The Bank is a thriller with banking and trading as the backdrop. It takes us through the corridors of high level bankers who have the power to alter the course of an entire economy. It’s characters are believable and the plot holds good. From trading point of [...]
Former Fed Chairman Greenspan has not denied of the possibility of a double-dip recession after we are increasingly seeing indicators that are indicating slow recovery. The unemployment rate has not budged from 9.5% and looks like it will stay there for a while. However, the GDP has shown growths of 2.5%-3.5% over the last few [...]
Just when all the Auto makers in India are making a killing with an insatiable demanding market, it is very surprising to see Fiat India in such huge losses over the last year. According to the report, Fiat India is only using 15% of the installed capacity for its own production. I wonder for how [...]
I am starting a Forex Trading support group that you are welcome to join. If you want to learn Forex Trading, this will be a great place to start. I will mentor you through material, resources and discussions. All you will need is a deep desire to learn since there will be a steep learning [...]
This one’s a classic with some clever lines on money and capitalism and an often hilarious description of the workings of the Wall Street. Other People’s Money brings out one of the best performances by De Vito to play a brilliant and lonesome Wall Street trader who has discovered a stock which is worth more [...]
I am starting a new thread on Movies/Documentaries on the financial world. Please feel free to share your own favourites and what you think about them. Million Dollar Traders – A three part reality series produced by the BBC, this series had a leading Hedge Fund manager take on complete novices, train them for two [...]
Forex Traders come in three kinds – Fundamentalists, Technicians and those who believe in mixing both the strategies. Fundamentalists trade Forex studying and anticipating the fundamentals of economies. Forex is always traded in pair. Say USD/INR pair. A fundamentalist will study what is going on in both the economies and then trade according to where [...]
