Once upon a time, a monk arrived at the outskirts of a village and settled down under a tree to rest for the night. Early the next morning he was woken up by a man. The man was from the village.
He said to the monk, “Give me the stone.” The man had been told by the village deity in a dream that he would find a monk outside the village who had a stone that would make him extremely wealthy.
“I want that stone,” said the man to the monk. The monk took out a stone from his little bundle of possessions. It was a diamond as big as a fist. “I found it in the forest yesterday. Here, take it. It’s yours,” said the monk. The man was overjoyed as he grabbed the diamond and ran back to his village. Continue reading “The First Step to Real Wealth”
My favorite American holiday is 4th of July, also known as Independence Day. It dates back to 1776 with the signing of the
No observer of India can avoid noting that India lives simultaneously in several centuries: the modern and the ancient jostle for space, the highly technically qualified mix with the illiterate, the filthy rich live cheek by jowl with the abjectly poor. It is all chaotic and thoroughly confusing. Like in many other countries, contradictions run wide and deep in India. Indians worship powerful goddesses but the status of women is generally deplorable and girl children are frequently neglected and even severely abused.
Nassim Nicholas Taleb is an awesomely successful investor, public intellectual and author of many best sellers. The
A few weeks ago, my friend Rajesh pointed me to a list titled, “20 Books You Should Read in Your 20s.” I didn’t like the list; some of the books were too heavy for the average 20-something-year old. Certainly, as a specialized reader, a 20-year old could read many of them but not as a general reader.

Here’s a list of how many of something that the following countries have:
I confess that I have strong likes and dislikes in almost everything — concrete or abstract. That goes for people as well. Of course, I have my economist heroes — Hayek, Buchanan, Friedman, et al — and anti-heroes (who shall remain unnamed.) Among politicians, my greatest hero was Lee Kuan Yew and the greatest villain 