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February 5th, 2010
03:37 pm
Trying out lj from iPhone... Posted via LiveJournal.app.
Current Location: US, Illinois, DuPage, Warrenville, Dodge Dr
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February 3rd, 2010
06:40 pm - Economics of buying another book....
The marginal cost of buying another book has increased manifold for now....
It is a capital expenditure problem... the marginal cost is in excess of $100 now... let me explain...
Now I have buy a book shelf and the book next time I make a purchase...
so the Marginal Cost of buying a book is Book Cost + Book Shelf cost + cost of Assembling it... Hmmm...
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January 26th, 2010
07:21 pm
The more I see this Govt. hesitating to take decisive steps to bring down unemployment at the risk of higher inflation.. i see a bleak future for this country in the short term....
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January 6th, 2010
11:40 am - Hmmm.....
Thy Master hath Departed Back to Kolkata....
Miss him...
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January 5th, 2010
11:07 pm - hmmmm
Sometimes it's better to light a flamethrower than curse the darkness.....
And that's exactly what I did today....
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January 1st, 2010
10:07 am - The year turns....
"Chaos is found in greatest abundance wherever order is being sought. It always defeats order, because Chaos is better organized."
While most ppl remember what were doing the year turned... I want to do my best to forget about it.... The last 96 hours has turned by world upside down.... Amen...
Happy New Year everyone else....
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September 7th, 2009
August 8th, 2009
July 19th, 2009
06:07 pm - Heres the $0.02!
Watched the Harry Potter Movie last night. (Very much helped by the fact that I had not seen the first 4-5 parts (whatever) and had not read any of the books)
It was a good movie.
Every one of my friends complain that the movie is not as good as the book.
It's all about Akerlof and the Lemons Gentlemen....
It's a lemon problem....
Only the top 0.1% of the books get converted into movies... the books that have been converted into movies have already been self selected.... only the best of the best becomes movies....
Now, comparing every movie (on an average will turn out to be good or excellent - helped by the fact that there is already a strong story and a good fan base...) to the best of books is not an apple to apple comparison in my opinion....
The chance that the best of the books converted to a movie will be equally good is pretty slim!!! -- Good luck to those who are searching for it!!!
Though I can understand - how the frame of reference has been set by the audience on what they expect to see in the movie even before they enter the theater....
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July 5th, 2009
10:26 pm - Lake of Ozarks!
Was down to Lake of Ozarks and St Louis for the weekend!!! Over a 1000 miles of driving, hiking and good fun with Nidhi and Abi!
( More Pics.... )
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April 26th, 2009
09:58 pm - Random!
The number of times i am getting reminded of this saying...
“He was the sort of person who stood on mountaintops during thunderstorms in wet copper armour shouting "All the Gods are bastards."”
Somehow ppl think it is circumstance that is to blame for failures and themselves for successes...
Well...
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April 15th, 2009
09:51 pm - United and Wii....
A very interesting announcement by United Airlines. Read here
Essentially, they say that:
For the comfort and well-being of all customers aboard United flights, we have aligned with other major airlines' seating policies relating to passengers who:
are unable to fit into a single seat in the ticketed cabin;
are unable to properly buckle the seatbelt using a single seatbelt extender; and/or
are unable to put the seat's armrests down when seated.
In essence, they just called some passengers fat... without calling them fat....
How about this article where Wii had to apologize for calling someone fat?
Will someone sue United?
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April 5th, 2009
11:50 pm - Level 39 ,mage!
Finally managed to buy a horse after three weeks of questing and farming for gold!!!
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March 19th, 2009
09:30 pm - AIG and Taxpayer!!
Firstly, the government takes the tax payers money and bails out AIG.... The tax payer is screwed in the short run because his money is being used...
Now, the government has imposed a 90% tax on the bonuses of AIG executives... well.. well... well....
The salaries of all AIG executives have tanked.... what happens when you spread peanuts???? you get monkeys...
If the incentives and the salary structure is not competitive, a bunch of morons are going to run the company...
The govt has now ensured that AIG will never have enough talent to ever recoup the losses or repay the tax payers money back.... The tax payer has been screwed forever....
Good job!!!! And I thought the Republicans screwed up the economy!!!!
Current Mood: ![[mood icon]](http://l-stat.livejournal.com/img/mood/marcus/beheadedboy/44.gif) amused
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March 7th, 2009
03:11 pm - Paradise lost and paradise regained
Paradise lost in St Louis and regained in Chicago!!!
New house in Chicago!!
( More Pics )
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03:06 pm - More Pets!!
Was cleaning up my Camera... when I found more pics of pets in Bangalore...
( more pics )
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March 6th, 2009
01:33 pm - Taxi Drivers and Investing!
I came across this interesting piece of story.
How to ace the market?
When you are travelling in a taxicab in New York and the cab driver asks you to invest, it is time to sell all your stocks. When he tells you to sell, it is probably the time to invest.
How so? It has got nothing to do with the intuition of the Taxi driver.
There are two conditions in the market. Good and Bad.
Let us consider a bad situation for the market. The taxi driver gets up in the morning. He ferries people across lower Manhattan, Manhattan and Long Island. A sample of what he hears all the time: ‘I lost my job today’; ‘Thousands are going to lose their jobs at X’; ‘The stock crashed again; doomsday is next’; ‘we are
entering the worst recession since the great depression’…. And so on…
When you are in the cab (in the course of normal conversations) and assuming you talk to random people like I do…. he repeats the summary of a few things he has heard over the last few weeks…. Of course, one has read that all in the papers. It is probably time to invest. How so? Because whenever a company goes through a recession, it cuts down the unwanted muscle. The bone is left intact. In other words, companies rationalize and optimize. They restructure to have the best cost structure. This will reflect in higher earnings soon after the recession. Probably - a good time to invest. Summarizing – invest low or buy low.
So, why is the taxi driver important? The taxi driver is important because he catches the emotions of the people in the street. He sees everyone is sad, driven by fear of losing their jobs. When he sees it consistently enough…., things are probably getting rationalized in the market. He is not a biased viewer in the market (Unless he has lost loads of money as well.)
On the other hand, using a similar analogy, if the taxi driver is hunky dory about everything in the world, then probably things are heading for a bubble. If everyone is happy and earning a lot; the chances are that there is someone who is paying a lot out there. Probably not having the best cost structure and some amount of wasteful spending is happening in the market. This means one thing – over valued companies. Probably time to sell. Sell high.
It reflects on the same principle as prophesized by the Omaha Oracle, Warren Buffett. Buy low and sell high.
Do you recognize the time now?
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February 25th, 2009
01:02 am - Done with MBA!!!
3 a.m. on Feb 25th.
I am done with the last of my exams and officially have finished the last of my deliverables for my MBA.
People around me told me that the feeling would be one of happiness and sadness (some combo like a subway sandwich... i guess) when I finished it.
Well, there are no feelings left.
All I can recall is a quote from the movie... The Dark Knight....
“Do I look like i have a plan? No, I’m a dog chasing a car, if i caught it i’d have no idea what to do with it. I don’t plan things i just do.” - The Joker
I am a dog that has caught the car.... what next????
Current Mood: ![[mood icon]](http://l-stat.livejournal.com/img/mood/marcus/beheadedboy/113.gif) blank
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February 19th, 2009
04:06 pm - Phew!
Done with all the B-School classes!!! Phew!
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