On starting..

I often wonder if it is better to start alone, and yet small in a business, or is it better to taking funding in the beginning and try fighting it out in a better league. I am tustling with this for a while now - sometimes i feel it is easier to take a business from 100 to 10,000 than taking it from 1 to 100. The competition at the bottom of the pyramid is far intense and ruthless...any answers dear friends ?

Changing times in India..

Yday, while walking down hounslow in west london, I was discussing with my cousin the pace to today's life. And suddenly my mind got transported to India of yesteryears, when the only thing to do for entertainment was to watch chitrahaar in the evening, and there used to be a serial of charlie chaplin and movie on sunday. Anybody who had a telephone connection was a wow in the society. ....and today, if your driver doesnt have a mobile phone, people are shocked - the normal reaction is "how do you manage yaar "

Market Commentary

With Lehman going down, and Merill bought out, and AIG in trouble, it could be pretty bad for the USD in the short run. Any further bad news could cause a lot of damage. Oil has come off almost $4 reversing most of its gains in the beginning of the year. Fed rates could be cut going forward.

Turmoil in the international markets

Lehman brothers, filed for Chapter 11 Bankruptcy today. Merill Lynch was sold off to Bank of America for $50 bn. The two towering giants of wall street that have, between the two of them, a history of 250 years on the wall street, were not present when the markets opened today morning.  Wall Street will never be the same again. AIG, the largest american insurance company is also in trouble.