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…

Compensation Etc.

For a change I’m keeping up a promise that I’ve made on my blog – I’m actually writing a follow-up post that I’d promised. In the past, I’ve guilty several times of promising to continue something in a follow-up post and then conveniently forgetting about it. So I had mentioned in my last post that…

Intellectual Property

A blog post earlier this month on Econlog finished off with a very strong quote by Friedrich Hayek: One of the forms of private property that people cherish most is their ideas. If you convince them that their ideas are wrong, you have caused them to suffer a capital loss. I ended up liking it…

Arranged Scissors 5 – Finding the Right Exchange

If you look at my IIMB grade card, one subject stands out. It is one of the two Cs that I have on the card, and the other was in a “dead rubber” (5th/6th term where grades didn’t matter for placements). This C was in introductory marketing management. Where the major compoenent was a group…

How do i describe my job?

One of the “problems” with my job, if I can describe this as one, is that it’s tough to explain my job to a layman. There are multiple levels of disconnects here, and multiple “pitfalls”, if I can call them that. So when someone asks me about my work, it gets tough indeed to describe…

Why is Ten Sports sitting on so many rights?

I wanted to stay up last night. I wanted to stay up and watch the WI-Eng match till the very end. Waking up this morning and checking the scorecard, it seems like it was a really good match. And Fidel Edwards seems to have become a last-day-shutdown specialist. This is the second time this series…

Weddings

I’m trying to understand the significance of attending another person’s wedding. It is very unlikely that you are going to add any significant value to the process, since the person who invited you is likely to be extremely busy with the process. Unless you know one of the main people involved in the wedding really…