Exactly a year back my mother was in hospital. She was there for three weeks before she died. The bill for the three weeks came to close to four hundred thousand rupees. She was covered under my corporate medical insurance so I passed on the cost to the insurer, who paid most of it. I…
The Trouble With Analyst Reports
The only time I watch CNBC is in the morning when I’m at the gym. For reasons not known to me, my floor in office lacks televisions (every other floor has them) and the last thing I want to do when I’m home is to watch TV, that too a business channel, hence the reservation…
MGM Channel
Yesterday I upgraded my Tata Sky package to Annual Mega Pack (with the would-be-ladywife wanting all Kannada and Telugu channels, and all movie channles; and with me wanting all sports channels this was most economical). And got service to this channel called MGM which was earlier part of an add-on package I wasn’t sure I…
Successful IPOs
Check out this article in the Wall Street Journal. Read the headline. Does this sound right to you? MakeMyTrip Opens Up 57% Post-IPO; May Be Year’s Best Deal It doesn’t, to me. How in the world is the IPO successful if it has opened 57% higher in the first hour (it ended the first day…
Independence and contribution at work
This is based on a discussion I had at work a few days ago. We were talking about people being able to do things out of their own initiative, come up with their own new ideas, inventing their own problems to work on (which would be useful for the firm on the whole) and stuff.…
Barista Update
The Barista at Barton Center on MG Road has suddenly become so much more bearable, as they have turned down the volume of their music to a level such that you can actually have conversation without shouting. On a related note, it seems much easier to find tables there compared to earlier (yesterday we walked…
The City Lacks Bars
Yeah you might think I’m crazy to be cribbing like this about Bangalore, supposed to be India’s pub city and all that jazz. But I stick to my statements. Yeah we might have lots of good pubs and lounges but we don’t have lots of good bars. I was on my way to dinner at…
Valuation of Parking Space
There’s a unique problem in my apartment building – the building has been built with provision for only seven parking slots in the basement but each of the nine houses here has been allotted a slot, which means there are two obstructing slots. Unfortunately, my slot is at a location where I get blocked by…
Kabaddi and Jesus Navas
I’ve always talked about the Kabaddi style of solving a problem. In Kabaddi, when you are defending, six out of the seven players in the team form a chain in order to encircle the attacker. The seventh defender, however, strikes it alone, in a different direction, trying to draw the attacker into a position where…
The Importance of Online News
Reading Deepak Shenoy’s excellent article on insurance this afternoon the first thing I wondered was about why I had never read anything like it before. It was so intuitive and insightful, and so obvious, yet I didn’t recall reading anything like it elsewhere in the “mainstream media” (quotes because that implicitly implies Yahoo! is not…
The other side of the long tail
There are several people who talk about how the advent and the popularity of the internet has resulted in markets in many a long tail. Without loss of generality, let us just take the market for writing here. Several niches which were earlier not served since there wasn’t enough of a dedicated audience in a…
CTR
Ok this is a post that has been delayed by about a couple of weeks. One of those things that has been in my head now for a while so writing it. So some two or three Sundays back (more likely to be two) I went to the famous CTR in Malleswaram for breakfast. For…
Immigrants
One thing I have noticed in Bangalore – and I’m not sure if it is true in other cities in India but I have a feeling that it is – is that immigrants inhabit parts of the city which natives wouldn’t really want to live in. I’m making this observation based primarily on one data…
Orange Juice and Petrol
So I was reading this article by Ajay Shah about administered pricing for petroleum. He does an excellent (though it gets a bit technical in terms of statistics) analysis about what could go wrong if the government were to free pricing of petroleum products. He mostly argues in favour of deregulation, and that is a…
Shopping in New York
When I went shopping in New York on Friday I was reminded of this article by Tim Harford that the bofi had posted as part of a comment on one of my earlier posts. The basic insight in the article (which draws upon some widely cited research – I’ve read about it in several other…
Urban living and restaurants and liquidity
Last night I had dinner at Alfanoose, a small Mediterranean joint off Broadway. I had hummus and salad with pita bread, and had also brought along a falafel sandwich which is now sitting in my fridge and is likely to get consumed today for breakfast. Excellent stuff. Absolutely brilliant. And not expensive at all –…
Simplicity and improvisation
While writing my previous post on the film game, I was thinking about simplicity and improvisation. About how if you seek to improvise, in order to improvise well, you would rather choose a simple base. Like how the simplicity of film aata allows you to improvise so much and create so much fun. I was…
Shoe Shopping
Ok this is a typical management guru/corporate whore kind of post. ******************* Last weekend I needed to buy a new pair of shoes. My last pair of black formal shoes had broken a couple of days earlier and I urgently needed a new pair if I were to wear something decent to office on Monday.…
What’s your Raashee? Astrology and Vector Length
The problem with western astrology is that there are way too few categories of people according to it. Western astroogy uses a vector of length one – the part of year in which you were born in, and then concocts a story based on that. According to that, people can be classified into twelve categories…
Bangalore Book Festival
So today I made my way to Gayatri Vihar in the Palace Grounds to visit the Bangalore Book Festival, on its last day. It was interesting, though a bit crowded (what would you expect on the last day of an exhibition? and that too, when it’s a Sunday?). I didn’t buy much (just picked up…
A View From the Other Side
For the first time ever, a few days bck, I was involved in looking at resumes for campus recruitment, and helping people in coming up with a shortlist. These were resumes from IIMB and we were looking to recruit for the summer internship. Feeling slightly jobless, I ended up taking more than my fair share…