Does Indian society truly appreciate its capitalists and wealth creators? Most often not. In this post, I will highlight this attitude through the lens of Gautam Adani. The Roots of Distrust The anti-capitalist sentiment in Modern India was seeded in 1947 when policymakers had a unique opportunity to shape a newly independent nation’s economic mindset. Instead […]
Fixing the Capital Loss Tax Deduction for Financial Assets
Tax season is here! For me, it invariably evokes flaws in the tax code, one of which I will highlight in this post. Specifically, I will discuss the outdated and inequitable treatment of capital loss deductions for stocks and bonds. The Capital Loss Deduction: A One-Sided Deal Imagine you buy 1,000 shares of Nvidia at […]
Can Nike Escape the Sales Promotion Trap?
As a marketer with a limited promotion budget, would you allocate your money to sales promotion or advertising if everything else is equal? Sales promotions, such as coupons, discounts, and special offers, drive immediate purchases. However, their impact typically fades after the promotion ends. In contrast, advertising offers consumers compelling reasons to buy, develops consumer […]