• InvestStream – Our New Podcast

    A few weeks ago, my friend Harjit, and I decided to start recording our conversations about the economy, startups, and tech in the US and India and sharing it with people that may be interested. We are calling this podcast InvestStream. We’ve done two episodes so far and plan to do it weekly. We’ve discussed everything from market stats to central bank monetary policy to fund raises by startups to where the blockchain and cryptocurrency worlds may be headed. We would love some honest, critical feedback on this experiment and what we can do to improve it. We are still playing with the format and we could really use your…

  • InvestStream US-India Episode 1

    In this first episode of InvestStream, Harjit Singh and I discuss the unemployment report and wage growth in the US, interest rate and bond yields, US economic strength, US-China trade war, Uber’s IPO plans and the valuation, startup funding in 2018 in India, SoftBank and their investments in India, and much much more. Related Posts:Venture Fund Economics4 Tips for raising money for your crypto/blockchain or tech startupInvestStream – Our New Podcast“Show Me The Money”: India’s Big Promise to VCsTwelve Years of Indian Startups – Part II

  • Low Volatility, Low Yield in Stocks Fuel Bitcoin and Altcoins

    There’s been no shortage of news about the surge in Bitcoin and some of the altcoins (alternative crypto currencies) in 2017. Japan allowing Bitcoins for transactions was a big factor in fueling the demand for Bitcoin as well as increasing odds that other countries, most notably South Korea, may follow suit. However, there’s an additional factor that is driving up the demand and speculation in Bitcoin and other altcoins. A low volatility and low yield stock market is forcing many people to look elsewhere for volatility and higher yields. More funds are looking at cryptocurrencies as a place to take on more risk for the higher yield. More traders are…

  • Fighting Fraud Thru a Cashless Society

    Emerging markets often leapfrog technologies. For much of Independent India, it was very difficult to get a fixed-line phone. They were expensive and the wait  could be as long as five years. In the 1990’s came the mobile revolution and people across India were able to get a communication device for a relatively small amount of money and they could take the device with them everywhere. Most importantly, they didn’t have to wait years, but only a few hours for the phone to start working. When it comes to the adoption of non-cash payments, India is in a similar position. Cash has been the preferred source of making and receiving payments since Independence…

  • Twenty Years Ago Today, I Started Working at Long-Term Capital Management

    Not many individuals other than some of the partners from Long-Term Capital Management have spoken or written anything public about their experience. I happened to be up in Greenwich, Ct a couple of days ago to meet with one of the partners from LTCM and I realized that it’s almost 20 years since I started working there. This isn’t a story of what happened at LTCM. This is a reflection on how I arrived at LTCM 20 years ago, some of what I did while I was there, and what I learned. The Liar’s Poker Influence Upon graduating from NYU, there were only a few things most students from Stern did. We went to…