BOOK REVIEWS


The fascinating story behind Twitter’s success Communication forms the core of our daily lives. Methods of communication have been improved over centuries—right from inscriptions on clay tablets, to the Gutenberg Press, to telephone and, now, Internet. Indeed, Internet has made the world...

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What are the strategies of top US investors? This is a surprisingly accessible book on how one can try to imitate not just investment styles but also portfolios of leading hedge fund managers. Indian can see whether they can relate to any of the investment styles discussed—all of which...

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Soli Dastur 22 January 2014
The 10th edition of this masterpiece has just been launched The first edition of Kanga & Palkhivala’s The Law & Practice of Income-tax was released in 1950 when Nani Palkhivala was just 30 years old and had practised for five years at the bar. I do not know any other book that became...

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Moneylife Digital Team 14 January 2014
Launching the 10th edition of Kanga & Palkhivala’s ‘The Law & Practice of Income-Tax’ at Moneylife Foundation event, noted income tax jurist Soli Dastur reviewed the book orally The classics Kanga & Palkhivala’s ‘The Law & Practice of income-tax’ has been updated by prolific writer and...

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Corporate governance practices in India and across the world What do Sahara, Satyam, Saradha, SKS Microfinance and National Spot Exchange Limited have in common? They are the epitome of mismanagement; they misused shareholders’ wealth and destroyed the savings of hardworking Indians,...

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Moneylife Digital Team 10 January 2014
If you want to know about high-frequency trading (HFT) then this book will be useful Over the past few years, technology has transformed financial markets. Machines have replaced human beings in trade execution in the most liquid markets of the world. The rise of super-fast computerised...

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An incomplete story of top Indian bankers This books purports to cover the history of Indian banking. If so, it ought to have covered more than just six bankers from Bombay; there are many other equally distinguished banking pioneers from other parts of the country more particularly the...

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Moneylife Digital Team 27 December 2013
IIM Ahmedabad has teamed up with Random House to publish a series of management and business books, under the ‘IIM Ahmedabad Business Books Series’, to bring their teachings to a wider audience. IIM Ahmedabad has teamed up with Random House to publish a series of management and business...

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The story of the girl who stood up for education and was shot by the Taliban Malala Yousafzai, who dared to defy the Taliban to educate herself, and got shot, has now written a book, along with journalist Christina Lamb. A large part of the book is about the beauty of the Swat Valley,...

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Fragments of global culture and history, expressed through numbers Do you know the number of Olympian Gods, according to Greek mythology? Can you name the seven sins of Christendom? Hint: if you watch Brad Pitt’s movie Seven, you might be able to answer this question. How many...

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A rose-tinted look at the secretive world of a few successful hedge fund managers There is only a handful of successful hedge funds and private equity managers—Ray Dalio, Pierre LaGrange & Tim Wong, John Paulson, Marc Lasry & Sonia Gardner, David Tepper, Bill Ackman, Daniel Loeb, James...

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Divya Malcolm 13 December 2013
In which Suchitra Krishnamoorthi bares the frustrations of celebrity single Indian woman Suchitra Krishnamoorthi cries out as loud as possible in her book, Drama Queen, that, true to her genes, she has got brains. With equal sonority, she wallows in frustration over 228 pages. It is one...

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Homespun investment wisdom described through lessons imparted to four fictional young adults The important tenet of financial planning is to start saving and investing as early as possible. Many investors usually start when they are in their 30s; some begin in their 40s. Many young...

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A for professional wealth managers who have a fiduciary duty to proffer correct advice but don’t Many middle-class savers strive for financial independence, or what the author of this book John J Vento, a certified public accountant (CPA is the equivalent of a chartered accountant in...

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Another business self-help book? Work-life balance has been a contentious issue for a long time. We have witnessed everyday life slowly morph into one that is more work-centric than family-centric. Consider these statements: The harder you work, the more money you make; success comes with...

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Divya Malcolm 29 November 2013
Everybody has a book in him or her. This is Fatima Bhutto’s Effortlessly written, Fatima Bhutto’s book seamlessly weaves a heart-wrenching tale of brothers—Aman, Sikandar and Hayat and Mir Ali—in The Shadow of the Crescent Moon set in a Pakistani town close to the Afghan border ravaged...

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A mix of bland travelogue and history summarised Pankaj Mishra has made a name as an essayist and novelist, starting with his first book Butter Chicken in Ludhiana. His subsequent books, The Romantics and From the Ruins of Empire, have been widely acclaimed. The Economist magazine called...

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How to take your business to the next level Starting one’s own business is always a scary prospect, with the odds severely stacked against the entrepreneur and the future uncertain. Yet, it is among the most exciting pursuits. There’s nothing like creating your own enterprise. It is no...

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The story of a man wrongly convicted and waiting to be executed—for 19 years You are seated at Wankhhede Stadium for Sachin Tendulkar’s 200th Test. The wicket is a batting beauty. He is going to get at least one, if not two, centuries. Maybe even break Brian Lara’s record of 400. It’s...

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More and more Indian investment books are appearing on the bookshelves Financial self-help books are aplenty and are crowding shelves in bookstores. With the implosion of financial products and half-baked (sometimes even dangerous) investment advice being spewed by experts on...

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