Book Review | Breakout Nations

In the last one decade, many authors have highlighted the predicaments of emerging economies, but none so successfully as Ruchir Sharma has. Head of Investments in Emerging Markets for Morgan Stanley, Ruchir Sharma is an established name, courtesy his incisive op-Ed articles in The Economic Times. "Breakout Nations" is his travelogue interspersed with the cold … Continue reading Book Review | Breakout Nations

Book Review | The Myth of the Rational Market

When the US subprime mortgage market took the nosedive in 2008, its ripples were felt across the world. The resulting cascading effect decimated one financial domino after another. Some institutions were rescued while others were left to go under. Often, it is in the catastrophic times like these that the long-standing, cherished doctrines are blown … Continue reading Book Review | The Myth of the Rational Market

Book Review | Madoff: Corruption, Deceit and the making of the world’s most notorious Ponzi scheme

The financial crisis of 2007-08 left many individuals and institutions scarred for life. What began as a seemingly curable flu slowly transformed into a pandemic that devoured many a prestigious, long-standing financial institutions across the world. Casualties were several - from inconsequential entities to world-cup competitive ones. When Lehman Brothers went down on 12th September … Continue reading Book Review | Madoff: Corruption, Deceit and the making of the world’s most notorious Ponzi scheme

Book Review | The Ascent of Money

The Ascent of Money book review

"The charm of history and its enigmatic lesson consist in the fact that from age to age, nothing changes and yet everything is completely different." - Aldous Huxley Niall Ferguson's 'The Ascent of Money' tracks the evolution of money from the erstwhile Babylonian tablets to the exotic financial instruments of modern day. It's a tale of human … Continue reading Book Review | The Ascent of Money