Cerebral Shangrila

Sunday, October 19, 2008

US equities

After weeks of carnage, is there still hope left for equity investors? At least one Man thinks so. Warren Buffet is confident that equities would outperform Cash in long-run (Ha, the long run).

Why does he think its a good time to invest now? - "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful".

However the short-term is still anybody's guess .

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Monday, October 13, 2008

Paul Krugman wins the Nobel Prize for Economics

Krugman made economics simple by bringing it from its arcane academic halls to the living room of the common man. Having been a long admirer of his books & columns in the New York Times for its blunt, incisive and persuasive style, I commend the committee for selecting him.

The other factor that has clearly favored his choice is the current economic climate. His fierce criticism of Prez. Bush , am sure, has stood him in good stead amidst the current wall street debris. Congrats Paul !

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Sunday, October 12, 2008

Economic recession - The hazy outlook

Yes, we are officially in it. Singapore became the first Asian country to slip into a "technical recession" with two consecutive quarters of negative growth. Though it doesn't feel like one yet here, the water cooler / friend's get-together talk is all about it.

On a different note, Iceland became one of the earliest countries to collapse under the weight of the global financial crisis. No one likes a economic downturn ( at least most) ,but this one is destined to stay a little longer and let us hope for the best.


Sunday, October 05, 2008

Illayaraja's next venture

After the highly impressive and successful " Thiruvasagam" musical venture, the maestro has announced that he would be tuning the Naalaiyira Divya Prabandham ( 4000 divine verses) next.

With 800+ movies, 3 national awards and millions of ardent fans , there is nothing more to achieve for Illayaraja in film music. Its admirable that he is creating these lasting works that satisfy his musical hunger and those of his fans. I would be one of the first ones to buy this CD !

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Wednesday, October 01, 2008

From Siddartha to Buddha

Photos taken at the Buddhiest Monastery in Batam, Indonesia.
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