Archive for August 2007
Shelf Life of Leadership
Posted by: Subrata Majumdar on: August 16, 2007
Turning left as one exits the Harare International airport, the visitor is faced with what the locals call “Independence Gate”. It is a gateway built to celebrate Zimbabwe’s independence from the British rule in 1980. Twenty seven years is not a long time in a country’s history but for Zimbabwe it has been enough to [...]
Bubble 2.0
Posted by: Subrata Majumdar on: August 10, 2007
Every silver lining has dark clouds around it. This makes for famous last words from a glass-half-empty kind of a person like me, but truth was never farther away from this maxim when stock markets reach bubble proportions. I was witness to the dot com bust in 2000 and to quote from a film a [...]
Bengali Blues
Posted by: Subrata Majumdar on: August 3, 2007
I have this rather untested theory about stock market crashes. Every time you spot Bengalis becoming active and investing in the stock market, you are pretty much near the peaks. I actually witnessed this to some extent during the Harshad Mehta induced 1993 crash when it was common for a Bengali in a crammed Calcutta [...]
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