Skj

Dr. Doom Responds on Wells Fargo

dont piss in the wind tom.. You have been so wrong over the past year or so and if someone was actually following your 'investment advice', their portfolio has been slashed by two thirds. On the other hand, Roubini has been right on the dot. These attempts by a shill like you to ridicule an academic like Roubini just show how incapable you are of realizing the truth even if it poked you in the eyeball.

Why Don’t We Buy Stocks When They Are on Sale?

You have the cause effect relationship ass backwards..

Its not that stocks are on sale (cause) and no one is buying (effect)

It is that no one is buying (cause) and stocks are on sale (effect)

Why Don’t We Buy Stocks When They Are on Sale?

You have the cause effect relationship ass backwards..

Its not that stocks are on sale (cause), and no one is buying (effect)..

It is that no one is buying stocks (cause) and that has caused stocks to go on sale (effect).

Outlook for the Indian Economy

You miss one crucial aspect.. the political scenario. Elections are due in six-nine months or so, and the two large national parties, that have more or less run the show for the past 11 years are seemingly on a terminal decline. Their place has been taken by a number of smaller regional parties, that have limited experience in governance and a smaller vision. What happens if they come into power ?

India’s Labor Arbitrage Strategy

>> I have shown in my piece that if a 15%+ salary hike rate continues, India loses its edge. ... Increase supply. Reduce salary levels. This is Economics 101.

Ahh.. so what you suggest is not innovation, but merely extending the wage arbitrage model :-D So much for <b>new, out of the box, hard hitting</b> thinking :-D ..

The Coming Death of Indian Outsourcing?

The forbes article is a steaming pile of ...

Most people commenting here miss one crucial point, Engineering services will move to a place that has engineers !

Afterall, Boeing does not build/design planes in China/India simply because a Chinese/Indian aeronautics engineer costs 5 times less than his American counterpart. They build planes in the US inspite of the high cost of American aeronautics engineers because the US is the one of the few places in the whole world where they can source a substantial number of high quality Aeronautics engineers at a price point that makes business sense.

India is perhaps the only country in the whole world thats churning out decent quality graduates in Information Tech. For e.g. In my masters class in a top 30 US university, there were only 5-6 Americans out of a total of 60, the rest were Indians, Chinese and a sprinkling of Eastern Europeans. And because this churning has gone on for a while, India has an OK number of technology workers starting from the most raw to the CEO level.

Lastly, people talk about wage increases as if they are independent of the laws of supply and demand :-D Just because wages rose 15% year on year, doesnt mean they will continue that trend. I was working in India from 2000-2003, and we did see wage cuts and layoffs. In fact, this is already happening in India, with TCS slashing wages across the board.

So much for Forbes and people who claim to understand demand and supply..

Is the GPS Golden Age Already Over?

I think you are bang on. The best sales of standalone vehicle nav. devices are behind them. Phone GPS is just going to get better and better and will also become ubiquitous. In the next few years we will see phones that use gps/galileo/glonass satellites to generate positions and also use mems for dead reckoning.