Ecofinglobe.com and its statistics from an year ago

I was chancing to look upon my blog’s readership and it has skyrocketed in last few months. To give you an idea of how much the readership for http://www.ecofin.wordpress.com has gone up by, Alexa rating has shown a consistent rise in my webpage ranking (it currently stands at 755139 worldwide and its India ranking is better at 58137. Furthermore, my year old blog stats shows my blog to have averaged 9999 hits way in May 2007. The current count stands at 77791.

Above means nothing if people don’t read posts. Simple page views/hits serve no value absolutely. The most important indicator that indicates the health status of a blog is its post:comment ratio. My blog’s average post:comment ratio is at about 1:2. This means, for every post I put up, I get double the # of comments. This ratio was about 2:1 last year at about the same time and it had not even reached breakeven. So, it is a satisfaction that my blog is a success in terms of these critical metrics.

Thank you, all for making this blog readable! Its only my readers who can turnaround this blog and I hope to keep you as repeat readers so the value of this blog is enhanced further!

Keep visiting back - you know where to look for me: http://www.ecofinglobe.com!

Texas Instruments - BA II Plus Professional Financial calculator acquired!

I bought this advanced financial calculator (the Texas Instruments BA II PLUS Professional) for all my complicated calculations and to manage my portfolio of assets. Actually, this is primarily used only by CFA’s and CPA’s as its one of the only two authorized calculators for their examinations etc. Its cool!

Interpretation of Financial statements by Benjamin Graham

Am currently reading up this book as well. Will update once done as its a largely smaller sized book!

http://www.amazon.com/Interpretation-Financial-Statements-Benjamin-Graham/dp/0887309135

The Intelligent investor by Benjamin Graham

I am currently reading up on this book - arguably the best ever book written on value investing by Benjamin Graham - Warren Buffett’s guru! I have been wanting to read this book for the last 4 years but somehow never got hold of the book - which I finally have now - thanks to a very close friend!

http://www.amazon.com/Intelligent-Investor-Definitive-Investing-Practical/dp/0060555661/ref=pd_lpo_k2_dp_k2a_3_img/105-1054361-6330011?pf_rd_m=ATVPDKIKX0DER&pf_rd_s=lpo-top-stripe-2&pf_rd_r=0PS08M50SM50NRYP20W8&pf_rd_t=201&pf_rd_p=304485601&pf_rd_i=0060155477

http://en.wikipedia.org/wiki/The_Intelligent_Investor 

Will post my review once done!

Some macro economic predictions for 2008

Here’s a caveat: I fully understand economic predictions are foolhardy and its a bunch of crap since it is not something that can be predicted. Famous investors such as billionnaire Warren Buffett etc. also share the same viewpoints about economic predictions not being practical due to the changing dynamics of economies worldwide!

I still choose to defy this and some of my predictions for 2008 are as follows. Do not worry - I will not try to state the obvious and this is a result of some tad bit of analytical analysis thrown in for it to have some meaning.

Blogging guidelines - my two cents

What are the important factors one needs to consider before one begins to blog:

1. First, get over this obsession of Google adsense. 99/100 bloggers I meet first think of making a quick buck on adsense rather than focus on quality of their blogs and its relevance towards the topic(s) chosen! This is really very disturbing statistics.

Indian stock markets tank

This is due to a volatility in the global indices due to the meltdown in the US numbers coming out. Who said the adage of “US sneezing and rest of the world catching a cold” is not applicable anymore?

There are almost a 75-25 odds of an impending ‘deep’ recession in the US now. Will talk about this later in detail with numbers.

Research reports to come shortly - aka McKinseyQuarterly style

All our research reports would be in PDF format and we are going to do comprehensive consulting analysis for our readers on myriad topics especially on the business sectors.

All research reports would be made available at http://www.acc101.com

Watch that space for more.

Land hunt in Bangalore gets worse!

http://ecofin.wordpress.com/2007/08/02/right-time-for-land-in-bangalore-south-read-this/

http://ecofin.wordpress.com/2007/05/27/a-note-on-the-top-developers-at-bangalore/

http://ecofin.wordpress.com/2007/05/20/flatsland-in-bangalore/

http://ecofin.wordpress.com/2007/05/03/real-estate-in-bangalore-costbenefit-analysis/ 

Land prices in Bangalore central and areas in/around South Bangalore and North Bangalore are still running at very high rates.

Jayanagar area - a hotbed area for most South Bangaloreans is running at about Rs. 8500 per sq. ft. (leave aside a negotiation room for another Rs. 200 or Rs. 300)

A land we saw at Jayanagar 4th block today was a small 40*60 whereabouts and costing almost a whopping Rs. 2.4 crores!

A land we saw at JPNagar (near the famous Ragigudda temple) cost Rs. 1.2 crores for a dingy 4 BHK mezzanine floor - house) with no car park and no front and back yard.

The US subprime crisis - increasing chance of a US recession/burst of the US housing bubble

Cross posted in http://www.acc101.com 

First of all, there’s been a lot of talk about this US subprime crisis and it causing a worldwide economic slump.

Lets look at it methodically and analyze it with an analytical perspective before jumping to conclusions about how the entire world economy can sink into a recession.

What is the subprime lending (B-paper, second chance or near prime lending) market - http://en.wikipedia.org/wiki/Subprime ?