Uttam-da, You raise good points. However, Lenin, Stalin, Mao, Marx and Engels -- ALL died natural deaths at the height of their success. They were not pulled down by anyone. The systems they created or helped create did die to a large extent after a very long period of time -- 80 years in case of Soviet Russia. Mao's China is very much here. Their economies have been planned economies - so they did speculate over atleast a 5 year period - 5 Year Plans.
Further, this article was about finance and comparison with hedge funds etc --- which are all based on speculation over even very short term (less than a year) to a mdeium or long term (5-20 years). Stock market is all calculated risk. You are right noone can predict the future but I think now they have some softwares which help you get a general idea. Noone could have predicted the Burma tragedy or the Tsunaami, maybe the next thing could be even worse - but life must go one. One must plan ahead even if the plans are open to the risk of dramatic change. Umesh uttam borthakur <[EMAIL PROTECTED]> wrote: Dear Umesh Those who believe in a deterministic view of the world and its affairs would venture to answer such a question. Others may, well, speculate to find means to take cover from any probable onslaught against their interests. The factors are so many and socio-economic forces at play are so dynamic, that no meaningful long run projections can probably be made. This is evident from the unpredicted fall of the socialistic system ( a fine example of the state-capitalism) and its rise in other garbs now. Neither guys like Marx, Engels, Lennin, Stalin, Mao, who believed in the monist view of history (dialectical materialism, euphemistically called) could predict the fall nor their nemeses on the other side!!! Good luck Umesh. umesh sharma wrote: What Do You Think? What is the Future of State Capitalism? http://hbswk.hbs.edu/item/5928.html Online forum OPEN until Thursday, May 29. Whatever happened to the fears not long ago that global corporations with allegiance to no government would challenge the world economic order? These days, state-owned corporations now dwarf even the largest privately-owned global organizations, says HBS professor Jim Heskett. What is impact on competition? What do you think? any comments? Umesh HBS Working Knowledge wrote: To: [EMAIL PROTECTED] Date: Mon, 12 May 2008 10:12:56 -0400 (EDT) From: "HBS Working Knowledge" Subject: Newsletter: Accounting Information as Political Currency HBS Working Knowledge Newsletter Highlights this Week Accounting Information as Political Currency HBS Centennial Colloquium: The Intellectual History of Harvard Business School Working Paper: Organizational Design and Control across Multiple Markets What Do You Think? What is the Future of State Capitalism? ============================== New on the Site Accounting Information as Political Currency http://hbswk.hbs.edu/item/5920.html Corporate donors that gave at least $10,000 to closely watched races in the U.S. congressional elections of 2004 were more likely to understate their earnings, say Harvard Business School's Karthik Ramanna and MIT colleague Sugata Roychowdhury. Such "downward earnings management" may have functioned as a political contribution. In this Q&A, Ramanna explains how accounting and politics influence each other. HBS Centennial Colloquium: The Intellectual History of Harvard Business School http://hbswk.hbs.edu/item/5931.html This colloquium held at HBS in April looked at key developments in the areas of entrepreneurship, organizational behavior, accounting, and strategy, among others. HBS professor Richard S. Tedlow describes the highlights. Working paper: Organizational Design and Control across Multiple MarketsThe Case of Franchising in the Convenience Store Industry http://hbswk.hbs.edu/item/5914.html Download the PDF. Chain organizations operate units that are typically dispersed across different types of markets, and thus serve significantly different customer bases. Such "market-type dispersion" is likely to compromise the headquarters' ability to control its stores. The results of this study may help managers and consultants who deal with control challenges related to a chain's geographic expansion into different markets. First Look: New Research by HBS Faculty http://hbswk.hbs.edu/item/5927.html New in publications and case studies: Winning isn't everything: How to mitigate overheated competitions ... Tracing Apple's strategic trajectory ... How Google might best use its prediction markets. What Do You Think? What is the Future of State Capitalism? http://hbswk.hbs.edu/item/5928.html Online forum OPEN until Thursday, May 29. Whatever happened to the fears not long ago that global corporations with allegiance to no government would challenge the world economic order? These days, state-owned corporations now dwarf even the largest privately-owned global organizations, says HBS professor Jim Heskett. What is impact on competition? What do you think? Most Popular Stories Connecting with Consumers Using Deep Metaphors http://hbswk.hbs.edu/item/5871.html Sharpening Your Skills: Brand Management http://hbswk.hbs.edu/item/5882.html The New Math of Customer Relationships http://hbswk.hbs.edu/item/5884.html HBS Centennial Colloquium: The Intellectual History of Harvard Business School http://hbswk.hbs.edu/item/5931.html The Surprising Right Fit for Software Testing http://hbswk.hbs.edu/item/5869.html Best of Faculty Q&As The Strategic Way to Go to Market http://hbswk.hbs.edu/item/5459.html Too often channel strategies develop at the last minutewhen a product is ready to go to market. But this haphazard approach leaves a lot of efficiencies and synergies by the wayside, says V. Kasturi Rangan. Enter the concept of the "channel steward." Elsewhere at Harvard Business School Web forum on "Marketing and Democracy" http://www.hbs.edu/centennial/conversation/marketinganddemocracy/ Join The Conversation with Professor John A. Quelch and Katherine Jocz Building New Ventures: Entrepreneurship in Established Companies http://www.exed.hbs.edu/redirects/bnv_wk/index.html HBS Executive Education Program June 813, 2008 South Asia Real Estate Seminar http://www.exed.hbs.edu/redirects/rei_wk/index.html HBS Executive Education Program June 1720, 2008 Strategies for Protecting and Monetizing Intellectual Property http://www.exed.hbs.edu/redirects/ip_wk/index.html HBS Executive Education Program July 2730, 2008 General Management Program http://www.exed.hbs.edu/redirects/gmp_wk/index.html HBS Executive Education Program AugustNovember 2008 Harvard Business Online http://harvardbusinessonline.hbsp.harvard.edu/b01/en/home/index.jhtml?_requestid=23929 Visit Harvard Business Online, the Web site of Harvard Business School Publishing. 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Umesh Sharma Washington D.C. 1-202-215-4328 [Cell] Ed.M. - International Education Policy Harvard Graduate School of Education, Harvard University, Class of 2005 http://www.uknow.gse.harvard.edu/index.html (Edu info) http://hbswk.hbs.edu/ (Management Info) www.gse.harvard.edu/iep (where the above 2 are used ) http://harvardscience.harvard.edu/ http://jaipurschool.bihu.in/ --------------------------------- Sent from Yahoo! Mail. A Smarter Email. _______________________________________________ assam mailing list [email protected] http://assamnet.org/mailman/listinfo/assam_assamnet.org Uttam Kumar Borthakur --------------------------------- Best Jokes, Best Friends, Best Food. Get all this and more on Best of Yahoo! Groups. _______________________________________________ assam mailing list [email protected] http://assamnet.org/mailman/listinfo/assam_assamnet.org --------------------------------- Sent from Yahoo! Mail. 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