Trump Can Sway Stocks, But Not Bonds

Unlike most presidents, who try to manage the economy, President Trump tries to manage the market. He watches the tape like a floor trader, adjusting policy in response. To his credit, Trump may understand the psychology of financial markets better than any modern predecessor. He behaves as though rising asset prices are not just a […]

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Speaking For My Father

My father passed away this past June at the age of ninety. When I think of him, I begin with his life, not with the way it ended. He was born in a small village in Kashmir in British India, the sixth of eight children in a family of modest means. He was the only […]

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Hinduism: A Strategy Perspective

A colleague, an American professor of strategic management, knew the basics of Hinduism but found the tradition baffling: too many gods, no central text, contradictory practices, and more. So I tried explaining it — not all of Hinduism, just enough to show its shape — in a language she understood: strategy. Firms operate at three […]

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