"Concentrate not on where the markets are headed but on which stocks you can buy cheap."
Bharat Shah, CEO, ASK Raymond James Securities,
in Businessworld
"The past two decades have left us with a distorted financial system, and inherent instability throughout the world. The temptation to address these problems with protectionist measures is rising and is in itself a danger. Our greatest hope is in recognising these problems and working toward their solution before they reach crisis proportions."
Maurice Greenberg, CEO, AIG,
in The Times of India
"The market rally has been broad-based so far with the valuation of the entire market rising to about 15 times forward earnings. What we believe is that there will be a shift from a broad-based rally to a stock-specific one."
Sashi Krishnan, CIO,
Chola Mutual Fund, in Businessline
"Just as economists have predicted the last 10 of three recessions, the same way, I predict 10 boom-bust situations out of three."
George Soros in Fortune
"Tech services-driven growth is great, but it's no substitute for the large scale employment that increased manufacturing brings. The law must be amended."
Subir Gokarn, chief economist, Crisil,
in Businessweek
"I firmly believe that the government has no business running industries that are a drain on the exchequer. We'll certainly proceed with privatisation or wind up unviable PSUs."
SM Krishna, Karnataka chief minister in Fortune India
