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Writings on
Markets
Opinions on the state of economy, financial markets and general business
Oct 18, 2020
The REAL social dilemma
In 1990, a psychologist quoted in the New York Times reported that people “turn on the TV when they feel sad, lonely, upset or worried,...
Sep 6, 2020
Is there a tech bubble?
With so much negativity around closed-up economies, city lockdowns, finding a vaccine, one can't help but wonder why valuations - especially
Sep 2, 2020
Zoom may permanently alter business travel
Zoom may permanently alter business travel, which accounts for a significant portion of aviation revenues.
Jul 26, 2020
First a businessman, then an investor
Good investors are first and formost by nature: business people. They should be entrepreneurs, owners of businesses or have been placed...
Jul 21, 2020
More focus on cashflows, not discount rate
Too many folks who hail from the 'old' system in investment banks continue to quiz junior bankers on discount rates...
May 4, 2020
Valuation and the velocity of information
In business valuation, the pricing estimates done by analysts can be thought of both right and wrong, until proven by the market.
May 1, 2020
Understanding and modelling convertible bonds
A convertible bond ("CB") is like the multi-flavored ice-cream: It's not plain vanilla (pun intended). Modelling convertible debt in...
Feb 6, 2020
Wow, Tesla's bigger than GM and Ford?
Tesla's bigger than GM and Ford?
Jan 11, 2020
Doing away with quarterly reporting...
It’s like streaming a 4K video in standard definition (SD) - it’ll look fine from afar but you won’t get the same clarity close-up.
May 13, 2018
Don't list for the sake of listing
There are many merits to taking a company public - prestige and publicity. But sometimes, this is not necessarily the best way.
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