Greed and the Market

I have done series of random posts on this topic; it always questions the investor’s behavioral aspect.  The term blog“Greed” may not be a better word for the society but as Gordon Gekko said “The point is, ladies and gentleman, that greed, for lack of a better word, is good.

Sharing you a classic example of an institutional investor – NatWest markets bought shares of HDFC Bank in 1995 for Rs.40 crores.

Few years down the line, in 1999, they sold the same for Rs.400 crores. Money multiplied by 10 times in 5 years

NatWest might have patted themselves on their back for such a wise decision. It’s a rarity to make 10X money in 5 years. Continue reading “Greed and the Market”


I am a big fan of this book , it was written well before the financial crisis but was well clear enough to describe how the wall street operates. I love to re read some of the books from my shelf and Infectious greed is one of them. Well Infectious greed in a great book to read, the author of the book is Frank Partnoy who has also written FIASCO : Blood in the water on Wall Street.

Infectious greed consists of great literature on the financial engineering, financial innovation focused on structural finance and of course the misuse of the derivatives over the time by the street smart bankers. Continue reading “Book review : INFECTIOUS GREED”