Thursday, September 25, 2008
Wednesday, September 24, 2008
R u planning to write something on the Lehmann’s and Merrill lynchs and the like…..the end of investment banking…..in general….and is it anyway going to affect john deere di daal and roti….
The last part, I shall ignore, since it is official Deere matter. There's a reason I am in (Virtual) Manufacturing and not in Finance. It is not right to talk of my current company being exposed to the financial crisis, since I am not the best person to talk about it.. Nowhere near..
But, about Lehman Bros, and Merrill, and AIG, and all others, it's surprising that all the MBA Finance hot shots didn't know enough finance to know that if you give a loan to someone, you better make sure that if the guy defaults, you have some way by which you get your money back.. They call it surety, and you don't need MBA finance to know that.. If my bhaji wala needs a loan, he leaves something with me as surety (girvi in Hindi).. Even uneducated people know that.. if the surety is a loan by the bhaji wala to someone else, and on and on, it's kind of difficult to keep track of all of this..
About the bailout from Uncle Hank, I don't know the details. I believe the deal is that the US government is going to buy into AIG / Bear Stearns / Fannie Mae / Freddie Mac and then sell it off, once things start to turn around. But, if that is the case, wouldn't it be better for some private firm to do it? Unlike Uncle Hank, they would have a direct stake in turning around their investment.. If you are guaranteeing that the sick firm will improve, why would someone buy it (later) at a higher price, that what they are getting for now? If they don't have the money today, how would they have the money tomorrow, when the same thing is going to cost more?? That's basic logic, isn't it??
On a personal note.. My wife is the only person I know who has an offer letter signed by Hank Paulson. In retrospect, it seems like a mighty fine decision that she didn't accept.
Tuesday, September 23, 2008
Saturday, September 20, 2008
I'm still in the race to the Lok Sabha ..
Friday, September 19, 2008
Those who know me from my teenage days know that I have a very short fuse.. I was the typical teenager - misunderstood, "me against the world", somewhat of a loner.
But now I have changed.. That was many years ago, I'd tell myself.. That was a young, immature version of me, I'd tell myself..
I'd always tell myself that if I ever met him again, I'd say "just relax.. Nothing's so bad to get angry about it.. It'll just pass"
For the last few days I'm seeing that guy again.. I am losing that patience that I had built up in me.. I am getting cranky, and pissed off.. Feeling misunderstood and taken for granted.. But I don't say things any more… I keep it bottled up.. When the pressure gets too much I erupt.. When I do blow off steam, it aggravates others… Those who are near and very dear to me..
And that disappoints me even further…
30 year old men are not supposed to cry for no reason..
Thursday, September 18, 2008
Friday, September 12, 2008
9:45 AM me: not much..
only when sleepy..
hey .. anyway .. time to go..
9:46 AM am on vacation today.. so loads of work to do..
What's worse.. it came very naturally
Thursday, September 11, 2008
The trainer also told me that research says that if you spend 2 hours a week on a hobby, you wouldn't have very high stress levels...
2 hours a week is roughly 17 minutes a day..
So to save me some stress, I decided today to spend 17 minutes on my primary hobby..
Today though, I have no idea what to write about..
Phew.. The things I have to do to avoid a heart attack..
Thursday, September 04, 2008
Still young days, but I rate it above the Safari and even above Firefox for now. Though Firefox has been around for longer, and I still don't know too many of the bugs of this thing..