Monday, March 21, 2011
You have to watch Jason Schwartzman's hysterical video for the New Yorker iPad application. Mobile tablets are a good idea for many reasons, including avoiding blindness from smartphone overuse. And to keep up with all the new publications for iPad, like News Corp's The Daily, the new mobile "newspaper" from my bosses. Not to mention Barron's swell iPad app.
Tuesday, August 5, 2008
Dow Jones & Co. this week announced a new measure of India's potential: the Dow Jones India Titans 30 Index, a measure of the 30 largest, most liquid stocks on the Bombay Stock Exchange and the National Stock Exchange of India. The widely-watched Sensex, the Bombay Stock Exchange's ranking, is up 55% from 12/31/2005, adjusting for dividends and splits, according to Yahoo! Not bad considering the free-fall in emerging market stocks so far this year. But the new DJ index, back-tested to the same date, gained 62%, according to DJ. I'm sure much guffawing will ensue on performance methodology. But it's noteworthy that the top names differ in each index. For DJ, Reliance Industries (power) has the largest weighting, while it's ICICI, the big bank, in the Sensex. In the press release Monday, my employer, Mr. Rupert Murdoch, said, "What the world needs is a trusted means of measuring this country's development and an index that can be used by investors around the world to track the progress of Indian companies and the Indian economy."