Wednesday, August 12, 2009

Impressive

Rather uncommon stage for a head of state to comment or address an audience, isn't it? Impressive nevertheless...
http://www.ted.com/talks/gordon_brown.html
http://www.hindu.com/2009/08/12/stories/2009081255160900.htm

Friday, June 26, 2009

The King Popped

News about the death of Michael 'Mikaeel' Jackson spread along with it a sense of gloom. Malign him as much as you like, but stop and ask yourself, 'Did he entertain?'. The answer is a resounding yes. Period.

Monday, May 18, 2009

San Diego Rock N Roll Relay Marathon: May 31st, 2009

Dear Reader,

Hope you are well.

I volunteer for Association for India’s Development (AID); a non-profit organization started by Indian graduate students in 1991 which has since spread to 40 chapters in the USA. In India it is active in Chennai, Orissa, Hyderabad etc. It focuses on addressing grassroots development issues by partnering with NGOs and advocates peace and social justice. As a volunteer of AID, I relish the opportunity to learn about the socio-economics of India, show solidarity and make a positive contribution.

Along with fellow AIDers, I will be running a 7mi leg in the San Diego Rock N Roll Relay Marathon on May 31st, 2009 to help raise funds for the projects AID San Diego supports. Please consider making a contribution at my running page and help me achieve my fund-raising objective of $500.


Warm wishes for a wonderful year ahead,

Rangasayee.

All donations to AID are 100% tax-deductible, under section 501(c)(3) of the IRS code.

Sunday, February 22, 2009

'India Unbound' by Gurcharan Das

If India was once rich, why is it poor now?
Why is India afflicted by a Kafkaesque bureaucracy?
Why did Nehru's mixed economy model for a liberal India fail?
Why did the industrial revolution never hit India?
How did the economic reforms of 1991 impact India?
Why do economists agree that the future belongs to India?

Economics 101 anyone?
What is the Malthusian catastrophe?
What is the Gini co-efficient?
What is market economics? Why is it in contrast to a planning model?

Want to know the answers to all these questions? Read 'India Unbound' by Gurcharan Das.

I've always wanted to read about the modern history of India; stuff outside standard IX and X history textbooks. I am happy I read this book. The author is incisive and does not resort to casuistry even while discussing leaders of India. This is exactly what a non-fiction book needs. It contains some great insights on why India is what it is.

While I was in school, history was synonymous with sleep. The history teacher walked into class and started talking about the East India company. By the end of the year, she had spoken about the Battle of Plassey, the revolt of 1857 and the Indian freedom struggle and I still slept. I regret it now. My face hit the floor when I learned I managed a 90+ score in Social Science in the class X boards.

I hope history is made more palatable in school. The subject deserves more attention.

LTE (4G) premieres at Mobile World Congress 2009

Yeah baby!

LTE-- the holy grail of true wireless interconnectivity says:
http://ca.news.finance.yahoo.com/s/18022009/31/link-f-prnewswire-verizon-wireless-fosters-global-lte-ecosystem-verizon-cto.html

Wireless nerds, noses to the grindstone :D

Tuesday, January 27, 2009

My latest read: 'The Only Guide to a Winning Investment Strategy you'll Ever Need' by Larry E. Swedroe

I didn't necessarily read this book for cerebral joy and value appropriation; but mostly to stay away from the cretins (I know what you're thinking; go look it up :P) on TV. It was a pleasant surprise to read that the author concurred with me on this. I can't seem to get done criticizing the media, thanks to the undue sensationalism and plethora of misinformation out there. Also, this post isn't a book review; there are enough reviews that you can find on the web anyway. For the uninitiated, the book was voted the investment book of 2005.

What I liked most were the quotes in the beginning of every chapter. The power of frugality of words when rightly used never ceases to amaze. Obama said to his kid before his inauguration speech, "I'm not as good as Lincoln. My inauguration speech is longer than Lincoln's; it will last 20 mins."

Second, I liked the analogies the author used to explain different concepts. One of the few books which made sure learning and having fun occurred concomitantly. Third, the effort to help the reader not just understand but put to use Modern Portfolio Theory which is the diversification of assets to maximize expected return (first order moment) for a given level of risk (second order moment) is commendable.

By tickling the underbelly of portfolio management, I learned the following: Expertise in investing comes not from the ability to forecast or time the market but by keeping faith in the core concepts of probability, ergodicity and Monte Carlo simulations. Sounds familiar?: when the whole world is following every move of Obama; why do you think I am any different? :D

Monday, January 12, 2009

Two

There are two times in a man's life when he should not speculate: when he can't afford it and when he can.
- Mark twain, Following the Equator

There are two classes of forecasters: those who don't know- and those who don't know they don't know.
- John Kenneth Galbraith

There are fools and then there are pompous fools.
- Richard P. Feynman

There are only 10 types of people in the world —
those who understand binary, and those who don't.

Monday, January 5, 2009

One for India - Usher in 2009 with Sustainable Change

Please click on the image to be redirected to the One for India website.



All donations made before January 31, 2009 are tax exempt in April 2009.