tag:blogger.com,1999:blog-8152901575140311047.post999490162953427415..comments2024-03-28T12:49:46.624-04:00Comments on Musings on Markets: To Madoff or not to Madoff?Aswath Damodaranhttp://www.blogger.com/profile/12021594649672906878noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8152901575140311047.post-70319352596548489922014-02-03T05:46:16.745-05:002014-02-03T05:46:16.745-05:00flash designer coimbatore<b><a href="http://www.webdesign.123coimbatore.com/flash-designing.php" rel="nofollow">flash designer coimbatore</a></b>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-46521978157795271892008-12-25T15:38:00.000-05:002008-12-25T15:38:00.000-05:00Prof - i think you have rightly pointed out the qu...Prof - i think you have rightly pointed out the questions, which an investor should ask...<BR/><BR/>Sadly none of the professional investors were asking any such questions - either while giving money to madoff or while providing sub prime mortgages.<BR/><BR/>Along with this, we should also point the questions which a regulators & auditors should ask..<BR/><BR/>Shouldn't an auditor have seen through the entire business model for madoff long back. what do you think?arnavhttps://www.blogger.com/profile/08650629777163250255noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-42338328137754559162008-12-22T16:11:00.000-05:002008-12-22T16:11:00.000-05:00Hindsight is a great tool for showing "common sens...Hindsight is a great tool for showing "common sense" and " expertise" .... for red flagging after the event!<BR/><BR/>It would be interesting if someone come out with red flags for some potential "madoff" or similar schemes managers....Rajivhttps://www.blogger.com/profile/00982642376985327766noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-72311275906613297512008-12-21T16:15:00.000-05:002008-12-21T16:15:00.000-05:00This story might be funny for many investors in Ru...This story might be funny for many investors in Russia in the early 90's. You know there was A LOT OF such schemes and a lot of investors got into the trap of them (for instance the biggest one was 'MMM' by Mavrody). The key point there is that almost all officials and economists said that all of that was due to the folly of the Russians (in economic questions), - The reason for such a folly was that the Soviet Union had been broken up recently and the capitalism was something really new!, but what is wrong with American investors???Unknownhttps://www.blogger.com/profile/14623485286308700926noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-36474089314042137072008-12-19T08:43:00.000-05:002008-12-19T08:43:00.000-05:00I think investors rely too much on governmental bo...I think investors rely too much on governmental bodies and other monopoly institutions such as the rating agencies. And the Madoff case can actually be beneficial since it reminds us to do some research before jumping into an investment.Krasen Yotovhttps://www.blogger.com/profile/05840414786226067425noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-13777774087733441312008-12-18T13:18:00.000-05:002008-12-18T13:18:00.000-05:00The one thing I try hard not to do is be a macro f...The one thing I try hard not to do is be a macro forecaster. The honest answer that anyone should give when asked about the direction of interest rates and commodity prices is "I don't have the faintest idea"... Sorry to disappoint...Aswath Damodaranhttps://www.blogger.com/profile/12021594649672906878noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-83563648033294093432008-12-18T12:37:00.000-05:002008-12-18T12:37:00.000-05:00I hope you don't mind me deviating here a bit. But...I hope you don't mind me deviating here a bit. But what is your outlook for the energy sector given that the price of oil is now at US$38 a barrel? Even the recent cut in supply didn't have an effect on the price...Anilhttps://www.blogger.com/profile/17484908673403093293noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-5376631107345020482008-12-18T12:21:00.000-05:002008-12-18T12:21:00.000-05:00I guess Jensen's Alpha wouldn't be of much use in ...I guess Jensen's Alpha wouldn't be of much use in a case like this. I am currently reading your latest book. Fantastic work...I'm learning quite a lot. Many thanks.Anilhttps://www.blogger.com/profile/17484908673403093293noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-38192501765313479742008-12-16T21:49:00.000-05:002008-12-16T21:49:00.000-05:00Its amazing how come HSBC & BNP Paribas got in...Its amazing how come HSBC & BNP Paribas got into the Trap of Madoff...<BR/><BR/>I could digest Individual Investors/religious institution or Village funds etc as key preys...2jaipmhttps://www.blogger.com/profile/00172086115583721258noreply@blogger.com