Comments on: The Dharma Indexes http://6ampacific.com/2008/02/09/the-dharma-indexes/ Basab Pradhan's weblog about business and life in a 'flat world'. 6 AM Pacific is the best time for a global conference call. Wed, 10 Mar 2010 08:06:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: The Dharma Index | DesiPundit http://6ampacific.com/2008/02/09/the-dharma-indexes/comment-page-1/#comment-15848 The Dharma Index | DesiPundit Sat, 27 Dec 2008 10:24:11 +0000 http://6ampacific.com/2008/02/09/the-dharma-indexes/#comment-15848 [...] writes on the latest fad in stocks - Dharma Indexes. Aren’t arthshastra and dharma paradoxical [...] [...] writes on the latest fad in stocks – Dharma Indexes. Aren’t arthshastra and dharma paradoxical [...]

]]> By: Sameer Agarwal http://6ampacific.com/2008/02/09/the-dharma-indexes/comment-page-1/#comment-11718 Sameer Agarwal Tue, 12 Feb 2008 07:13:01 +0000 http://6ampacific.com/2008/02/09/the-dharma-indexes/#comment-11718 End of the day - investments made across DHARMA or (as harsh puts it) DRAMA, should not really affect any market since the basis of each is still on 'trust'. Technically there is nothing unscrupulous about rich gujjus running all the way from Baroda and surat carrying suitcases full of 1000 re notes and eager to eat up the ADAG soufflé when there are many other dishes waiting to be eaten. But as you put it correctly - putting an accurate 'mathematical' engine behind the index is a challenge but more so because the marketing of such an index is pretty much organic and does not really require fervent marketing brains. On the contrary, a fervent marketing behind it may dislodge the honest belief of such niche religious sentiments. It's almost impossible for secular India to build regulations to even monitor, let alone control, such Dharma investments. Perhaps there are some things best left untouched.:) End of the day – investments made across DHARMA or (as harsh puts it) DRAMA, should not really affect any market since the basis of each is still on ‘trust’. Technically there is nothing unscrupulous about rich gujjus running all the way from Baroda and surat carrying suitcases full of 1000 re notes and eager to eat up the ADAG soufflé when there are many other dishes waiting to be eaten.

But as you put it correctly – putting an accurate ‘mathematical’ engine behind the index is a challenge but more so because the marketing of such an index is pretty much organic and does not really require fervent marketing brains. On the contrary, a fervent marketing behind it may dislodge the honest belief of such niche religious sentiments. It’s almost impossible for secular India to build regulations to even monitor, let alone control, such Dharma investments.

Perhaps there are some things best left untouched.:)

]]> By: Harsh http://6ampacific.com/2008/02/09/the-dharma-indexes/comment-page-1/#comment-11626 Harsh Sun, 10 Feb 2008 16:48:10 +0000 http://6ampacific.com/2008/02/09/the-dharma-indexes/#comment-11626 Let's hope it does not turn out to be a DRAMA (which has closer resemblance - than DHARMA - to the ticker DRMA) Let’s hope it does not turn out to be a DRAMA (which has closer resemblance – than DHARMA – to the ticker DRMA)

]]> By: Krishna http://6ampacific.com/2008/02/09/the-dharma-indexes/comment-page-1/#comment-11607 Krishna Sun, 10 Feb 2008 01:53:03 +0000 http://6ampacific.com/2008/02/09/the-dharma-indexes/#comment-11607 When religion entered political mainstream, it carved deep fissures on faith lines. Looks like its guns are trained on commercial enterprise now. What's up next? Faith scholars to upstage fund managers and Fatwas to replace stock tips? It would be interesting to watch valuation norms based on intrinsic "Punya" and "Paap" instead of earnings growth and cash flows ;) When religion entered political mainstream, it carved deep fissures on faith lines. Looks like its guns are trained on commercial enterprise now. What’s up next? Faith scholars to upstage fund managers and Fatwas to replace stock tips? It would be interesting to watch valuation norms based on intrinsic “Punya” and “Paap” instead of earnings growth and cash flows ;)

]]> By: Prateek http://6ampacific.com/2008/02/09/the-dharma-indexes/comment-page-1/#comment-11605 Prateek Sun, 10 Feb 2008 00:33:14 +0000 http://6ampacific.com/2008/02/09/the-dharma-indexes/#comment-11605 Interesting... seems like the Reliance companies were left out? Interesting… seems like the Reliance companies were left out?

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