Greek second bailout

The European Union is urgently working on a second bailout package for Greece in a race to release vital loans next month and avert the risk of the euro zone country defaulting, Reuters

Latex Tips

The standard Table of content (TOC) in LaTex doesn't include other pages like , Declaration, Certificate, etc..  So to add additional pages in the TOC use the syntax given below just above the corresponding contents in LaTex document.

\clearpage
\phantomsection
\addcontentsline{toc}{chapter}{Declaration}



  

Latex Ideas

You can use \vspace*{20 mm} instead of \vspace{20 mm} for forced vertical alignment.  This will be useful when you creating certificate or declaration page in a latex report style .

Latex Ideas

How add a blank page after title page.
Most of the thesis kept a blank page after the title page.  There is way to use Latex command to keep the same (Blank page)  in your report.
Try these commands

\thispagestyle{empty}
\clearpage\mbox{}\clearpage

IPO - TIMBOR HOME LIMITED

• The price band has fixed between Rs 54 and Rs 63 per equity share.
• The minimum bid lot will be 90 equity shares and in multiples of 90 equity shares thereafter.
• The issue will close on June 2, 2011

http://www.timborhome.com/
http://www.nse-india.com/

Yelagiri Hills

Yelagiri is a hill station / village in Vellore district of Tamil Nadu, India, situated off the Vaniyambadi-Tirupattur road. Located at an altitude of 1,410 metres above Mean Sea Level and spread across 30 km2, the Yelagiri village (also spelt Elagiri at times) is surrounded by orchards, rose-gardens, and green valleys. [wikipedia]. There are 14 hairpin bends towards hills and it is fun to drive.

Road to the Yelagiri

Driveway

Paragliding

Boating at Yelagiri Lake

Funny Board Sign

Weaver Bird Nest

Pine Trees

at boat house

Hairpin bend

Driveway

Indicators and latent variables

In social science most of the the concepts are abstract and because of abstract concept (eg: Individual attitudes) makes the empirical research imperfect. So researchers choose indicator variable (other names : proxy,scales,scores etc)  for latent variable (variable for which no ideal measure). There is nice summary on the choice of indicator variable and its properties here.

Google starts imagery collection for Street View in Bangalore

link

Is Internet companies are at boom ?

After LinkedIn IPO , the most popular gaming site Zynga planning to go for IPO and others like  Music-streaming service Pandora Media Inc. is already on file to go public, as is HomeAway Inc., an online vacation- rental site. Cloudary Corp., a Chinese Internet company, announced plans for its U.S. IPO. Link

Watch. Practice. Learn almost anything—for free.

Khan Academy is an amazing work from Salman Khan.  He is genius and his videos have been helping me so much, I've learnt a lot and also you can. Subscribe to Khan Academy or YouTube.

Why forbid insider trading?

When insider trade on the secondary market, they serve to feed their knowledge into prices, thus making markets more efficient.  Ajay Sha, 25 March 1998

C A Yoonus in Acknowledgement

Finally, I (Ratul Lahkar) thank C.A. Yoonus for expert research assistance in programming the numerical simulations in this paper,The dynamic instability of dispersed price equilibria,2011,Journal of Economic Theory,Article in Press.

The Computer and the Brain

John von Neumann's views on the analogies between computing machines and the living human brain. "The Computer and the Brain" is a record of a lecture series that von Neumann delivered at Yale University in 1957,but never was, due to Von Neumann's tragic untimely death in his early fifties. I recommend this book for those who are interested in the intersection of computing science and brain research should read this short and sharp book.

Modeling with ODEs in Matlab

Modeling with ODEs in Matlab – Part 1

Estimating the Returns to Insider Trading

Jeng et al (2003) in their paper shows that insider purchases earn abnormal returns 52 to 68 basis points per month with statistically significant. The most of the returns (50%) comes with in one month (they considered total holding period of six month) after insider purchases.  This evidence suggests that insider buying has good opportunity of short term developments with in their firm and the followers whose trades move the market. So if you want make abnormal return of 6% per year (3% per year by closing the position with in month) follow the stocks in which insider buying.

Leslie A. Jeng, Andrew Metrick, and Richard Zeckhauser, May 2003,
Estimating the returns to insider trading: A performance-evaluation perspective
Review of Economics and Statistics,85(2): 453:471

The stock market Bibles from Benjamin Graham

These books are considered to be the immortal  for Wall Street investors in value investing.

• Security Analysis: The Classic 1934 Edition by  Benjamin Graham and David Dodd
• The Intelligent Investor by Benjamin Graham and Jason Zweig 

The Data Page

A Large bundle of data set useful for corporate finance and valuation which include beta, cash flow estimation, growth rate ,risk premium, valuation multiples for different industries in different countries (Including emerging market). Most of the data you can download in excel and use it for daily  research and valuation. I found this page is very useful researcher's in the filed of economics and finance and also people who are working in the area of corporate finance and valuation. 

Industrial Location under Globalisation in India

A Book in the field of geoeconomics in special attention to Unorganised Manufacturing Industries in India :
Industrial Location under Globalisation in India : Evidence from Unorganised Manufacturing Industries  

Author  :  Dilip Saikia, Doctoral Student at IFMR, Chennai

You can buy the book from VDM Verlag Dr. Mülle

President Obama's Asset Allocation

All the President's Money: Where the Obamas Invested in 2010

Greg Mankiw's Blog

Original article from Yahoo Finance

The world's most dangerous border

The world's most dangerous border
To reduce the risk of terror, the West must help defuse tension between India and Pakistan

Link 

MATLAB Computational Finance Virtual Conference

MATLAB Computational Finance Virtual Conference
Strategies for Risk, Trading, Economics, and Portfolio Analysis
9 June 2011
Time: 7:00 a.m. – 5:00 p.m. (Eastern Daylight Time)
13:00 – 23:00 (Central Europe Time)

Registration

Is Insider Trading to be legalized ?

The question to ask whether insider trading to be legal or not.  Survey of the debate regarding the issue on legalizing insider trading is available at Bainbridge (2000).

Corporate & Securities Articles for 2010

Here are the list Corporate Practice Commentator's "Top 10" Corporate &  Securities Articles for 2010 from  http://www.professorbainbridge.com/

MATLAB Learning

Test your basic knowledge in MATLAB (Introductory level).  Download sample question and enjoy.
 The question paper was prepared for the course, Introduction to MATLAB for the students of PGDM- Financial Engineering at IFMR, Chennai.

Logit and Probit Model in MS Excel

Example file shows that how to estimate the parameter for Logit/Probit Model using Solver in MS Excel under maximum likelihood approach. Download

Ref : Page 671, Econometric Analysis, William H Greene, (2004).