[This is a repost of a January 2008 post. Even if you have seen the video before, I am sure that you will appreciate it even more now since it rings so true.}
The other day, a BBC producer from London called me up and asked me if I would care to comment on the recent big sell-off in the Indian stock markets. I confessed that I am not fully qualified to do so but added that in all honesty that my guess would be as good as any one else’s. ...