Tuesday, July 08, 2008

There is no illusion here


Brash, supremely confident and disdainfully unmindful of the mainstream media, this Dalit Queen literally made pundits eat their words by storming into historic victory during the assembly elections in Uttar Pradesh with her party getting a simple majority; something that had not happened in the state since 1991. Having conquered Uttar Pradesh, Mayawati is now eyeing the big crown in Delhi and makes no bones about her ambition of becoming the Prime Minister. She just might.

Some bull in the tall taleSure the afterburners are going at full blast, foreign investors are stampeding into the arena and the bull has had a hey day. But wait, when it comes to the ordinary investor, there was a bit of a bull in the bull run too. The markets kept rising and falling like buildings after a Tsunami. And virtually all the gains were cornered by FIIs and the large institutional investors. There wasn’t much joy for the unsmart retail investor who got carried away by the rapidity of the frenzied bull run.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

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