Wednesday, August 27, 2008

Action Verbs & In-action silences

For all the criticisms heaped on our exam systems, they are pretty objective & unambiguous on what they are looking to grade you on! As a result, every exam (right from Std. 1 to Middle School Scholarship to 10th to JEE) was algorithmic. At worst it was intractable but never was it infeasible.

Real world or as it appears from this juncture, isn't so! Hence I have to Innovate, Initiate, Assess, Execute & otherwise navigate my way through the jungle of Action Verbs - so that I sell to people. Every action in the last few years is looked at, commented upon, evaluated back and forth so often that I wonder whether my entire existence was to stand in good stead on 2 A4 sheets.

I never felt so sold before.

Sunday, August 24, 2008

Profit from Enterprise

As the business awareness of my batch rises sharply with every passing day, its worth the time to read Fred L. Kent's engaging letter about Profit from Enterprise. Although a bit long, the letter has an easy flow to it so shouldn't take too long.

I was always pro-profit so the letter just reinforced my thoughts, though I now wonder whether one can generate profit in the 100 person society by:
a) Confidently predicting the availability of water from mathematical models based on reliable factors like rain tomorrow, ground water level etc.,
b) Brokering deals between the cobbler & the tailor on the ratio of the number of good to be exchanged (between the two) as a function of the water in the reservoir 6 months from today,

and so on.

Point being that, it is easy to see the profits as a cut of the common good for the society resulting from a person's enterprise.

I honestly find it hard to see societal good emanating from a & b (futures trading / derivatives etc.)!
Someone enlighten me :D

Disclaimer: Kindly excuse the author for half-baked knowledge and ambitious generalisations.

Friday, August 22, 2008

Blue!

Some times it takes all of 5 mins. for a person to suddenly go from happy to crappy.
I wonder which of the following happened to me today :
1. Vijendar getting only bronze!
2. An evil thing I did, getting undone :P
3. Not meeting a prof. I wanted to meet :-|
4. Not meeting a prof. I didn't want to meet, but should have :(
5. Being forgotten by someone close.
6. Being excluded by someone not-so-close.

Tuesday, August 12, 2008

Often there is no rationale for telling the truth;
but we still believe in the virtues of virtue & keep fingers crossed for the best!