India Faces a Long Bear Market - Barron's [View article]
Barron's research is BS. The company wasn't even present in India until a couple of years back. To make forecasts based on a couple of years of experience is asinine. May be it will be a better idea to keep our predictions aside (since we haven't done so well in predicting economic events recently) and watch and learn how a developing economy recovers will be a more valuable experience. It will be foolish to attach much value to Barron's 'unresearched' projections.
Here is some reality check. Peter Morici's MBA is even older than that of Pandit's and Thane's is. Hence, by that count Peter's judgments are even less relevant than that of Pandit's and Thane's are. Also, Peter Vikram and John did not cause loss in shareholder value, they were brought in to protect it, which they are steadfastly working at. The street apparently has a lot more faith in them than they have in you, or else you would have got that call. Tsk.. tsk.
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