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Kapil Ranade
116 followers -
An obsessive compulsive contrarian prone to cynical ruminations - also known as the Gobi!
An obsessive compulsive contrarian prone to cynical ruminations - also known as the Gobi!

116 followers
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Kapil's posts

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Since Modi took office, the reforms have not been so significant; in my view it is a mistake to think that the departure of Rajan indicates matters will get worse. He probably did all he could and in part the regime can allow him to leave for this reason. For further progress it may be necessary to install someone more “flexible.”

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"Capitalism is out of whack. It's like a rugby game with no rules. We have to have rules to make capitalism work for everybody. We have to fix the tax code so that people can make money investing in infrastructure and housing instead of derivatives and collateralised mortgage obligations. The system is out of whack and the message we are getting from our public in the western democracies is that if we don't fix it something worse will come, and Trump is that 'something worse'."

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Good Morning Bloomberg!! How do you think Fx Traders have been making many all these years?!

" . . a long-standing relationship known as covered interest parity, or CIP — which states that the interest rate implied by the forward exchange rate in a currency swap should match the short-term interest rate in the home country of the currency that is borrowed in the swap — has completely broken down."

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If they did this analysis for the Lok Sabha and Rajya Sabha, we would probably have some 5 MPs who understand science?

I exaggerate, but you get the picture.

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"What does this mean for CFA charterholders? I don’t know. My educated guess is that every charterholder will need to take his or her thinking, listening, and collaboration skills to a higher level, and that requires quieting one’s ego and developing one’s emotional intelligence. The ability to manage self—one’s thinking, listening, and relating—may become as important as one’s financial analysis acumen."

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Published sometime ago, but still very relevant - Dr Atran asks some very pertinent questions.

"Civilisations rise and fall on the vitality of their cultural ideals, not their material assets alone. History shows that most societies have sacred values for which their people would passionately fight, risking serious loss and even death rather than compromise. Our research suggests this is so for many who join ISIS, and for many Kurds who oppose them on the frontlines. But, so far, we find no comparable willingness among the majority of youth that we sample in Western democracies. With the defeat of fascism and communism, have their lives defaulted to the quest for comfort and safety?"

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Review of a book that tries to answer the central career question - "How do people end up loving what they do”?

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My review of Cal Newport's 2011 title, "So Good They Can't Ignore You".

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“Bernie or bust”, “Bern the system”, their slogans read. “He’s the only politician who speaks of the downtrodden,” said Jennifer, an actor, who swore she would write Bernie onto the ballot paper in November even if his rival, Hillary Clinton, wins the Democratic nomination. And if that should hand victory to Mr Trump? “That’s her problem,” she shrugged.

Mr Sanders has no serious chance of overhauling Mrs Clinton’s lead of 268 delegates in the nine remaining votes, the last of which, Washington, DC, is on June 14th. He would need to secure 68% of the delegates available, which, given that the Democrats hand them out in proportion to vote share, not all to the winner, is almost unimaginable.
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