Economics of Uncertainty

The prevailing theory among economists is that uncertainty and the unknown will make consumers less confident about their prospects and more cautious with spending. This would mean that uncertainty should act as a drag on growth. But in the past six months, amidst an...

Investing in Stars of the Past

In every one of the past 3-4 decades, we have had one or two noteworthy companies that revolutionized the landscape through innovative products and consequently has seen its stock outperform its peer group and the entire industry. In the 80s, it was Microsoft. Cisco...