Saturday, October 25, 2008

The machine

A V-22 Osprey tilt rotor aircraft taxies after a mission at Asad air base in western Iraqi desert. With its revolutionary design and to date near perfect record in Iraq, the V-22 Osprey looks very much the part of America's next great advance in military aviation.

All alone

Two work horses wait in a sea of corn stalks for the driver of their cart on a farm in Troy Twp., Ohio.

Can you locate the 7 horses?

A horse is reflected in drops of water hanging on an autumn leaf in Igis, eastern Switzerland.


For the whole last week, all that my classmates are talking are talking of is ROE(Return on equity), ROA(Return on assets), ROIC(Return on invested capital). This is because of the tests involving financial statement analysis. I have a question though: how do you measure the ROR, ROTIR, ROT - Return on relationships, return on time invested in relationships and return on time? Are these so intangible that they cannot be measured at all? Isn't there any standardised tests to find it out? Hasn't any sociologist taken it up for research yet?

Monday, October 20, 2008


A Samaritan man prepares a 'Sukka' made of various fruits in preparation for the Sukkot (the Tabernacles Feast) in Mount Gerizim near the northern West Bank city of Nablus. The Sukkot feast will start tomorrow at sundown to commemorate the exodus of Jews from Egypt some 3200 years ago. The Samaritan religion is based on four principles of faith, One God-The God of Israel; One Prophet-Moses Ben Amram; The Belief in the Torah-the first five books of the Bible and One Holy Place-Mount Gerizim. The Samaritan community numbers about 720 people, half at Mount Gerizin in the West Bank and the others in Holon near Tel Aviv in Israel.

Festival of Lights

Just soooo colourful...

Wedding gift, anyone?

A newlywed Karabakh-Armenian couple walks with a cow in Shusha. More than 750 couples from the Nogorny-Karabakh region participated in mass wedding organized by businessman Levon Airapetyan, who gave each couple 2,000 US dollars (1,400 euros) and a cow. (KAREN MINASYAN/AFP/Getty Images / October 16, 2008)

Golden Zeus

A man lights a "Golden Zeus" cigar, coated with pure gold, which is displayed at the Millionaire Fair in Munich, southern Germany. The four-day luxury goods trade show opened to the public Friday amid criticism from left-wing groups but few protests. (AP/Christof Stache / October 17, 2008)


Berlin's TV tower is colorfully illuminated during the "Festival of Lights." During the festival that lasts until Oct. 26, 2008 about 50 buildings in the German capital are illuminated by light artists during the night. (AP/Sven Kaestner / October 16, 2008)

New Mission

Unifying the ladders

Please make sure to read the previous post to understand this one.

Saturday, October 18, 2008

The striptease was good ;)

Today was our last financial accounting class (also glamorously called language of business) and we had financial statement analysis - how to decipher the strategies of the companies and also how healthy companies are from their income statement, balance sheet and cash flow statements. First we start by analysing some basic ratios and then we each of these ratios are further split into other components and more related ratios are analysed. If anything looks suspicious or if we want more information then we dig in more ratios that form the parent ratio. Prof:"It is like peeling an onion. You peel it layer by layer. It is like striptease. If you see only some ratios and leave the others, it is like seeing a half naked body. You wont get the full picture. You may see muscles on the upper half and be happy but you may be shocked to know that there are no muscles on the lower half." Financial statement analysis = Striptease !!! ************************************************************************************** Student:"Sir, the analysis"
then a pause.
Prof looking at him. Student: "Sir, when you do it vertically and horizontally....umm...Sir, I did it the analysis horizontally"
Then Prof is like "So, do you do it vertically, or horizontally?" Pregnant pause, a smile and a blink in his eyes "the analysis, that is"?

Tuesday, October 14, 2008

New Financial Definitions

This has been making the email rounds: CEO –Chief Embezzlement Officer.

CFO– Corporate Fraud Officer.

BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET— A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.

VALUE INVESTING — The art of buying low and selling lower.

P/E RATIO — The percentage of investors wetting their pants as the market keeps crashing.

BROKER — What my broker has made me.

STANDARD & POOR — Your life in a nutshell.

STOCK ANALYST — Idiot who just downgraded your stock.

STOCK SPLIT — When your ex-wife and her lawyer split your assets equally between themselves.

FINANCIAL PLANNER— A guy whose phone has been disconnected.

MARKET CORRECTION — The day after you buy stocks.

CASH FLOW– The movement your money makes as it disappears down the toilet.

YAHOO — What you yell after selling it to some poor sucker for $240 per share.

WINDOWS — What you jump out of when you’re the sucker who bought Yahoo @ $240 per share.

INSTITUTIONAL INVESTOR— Past year investor who’s now locked up in a nuthouse.

PROFIT — An archaic word no longer in use.

Sunday, October 12, 2008


A potent combination

What do you think is the hardest combination of feelings to go through?
I think it has to be the combination of "anger and helplessness". The worst part about this combination is that you know that nobody can actually help you and hence there is no use telling your problem/feelings to others. Also, most probably the answer you will get is "things will get alright" which when you hear you know is crap. This suffering is almost always alone. And in most cases, the healer of this is time. Because as time moves on, you start getting on or get absorbed with other things in daily life and this combination of feelings takes a back seat for good. Once you are through this deadly concoction of emotions sucessfully, you become a stronger person than before, ready to take on more of life's hits with grace and ease.

Saturday, October 11, 2008

Amazing death match

The mouse killed the deadly viper in the 30 minutes fight to the death. Brave little fella... It seems like he did not know what fear is... As I say, "Desperate times call for desperate measures."

Monday, October 6, 2008

Google's next big thing

I am really delighted that someone is ready to do something that is really environmentally friendly and in a big way. And with the kind of brand image Google has, it has a higher chance if success. Wishing it all the best to save the planet.

Saturday, October 4, 2008


Elderly Palestinian women sit in wheelchairs as they enjoy the waters of the northern part of the Dead Sea, in the West Bank

So cute

They are cute but their stories are distressing

Interesting jobs of this week

Monroe, WA: Bank Robber Decoys Sought

A brazen crook apparently used a Craigslist ad to hire a dozen unsuspecting decoys to help him make his getaway following a robbery outside a bank on Tuesday.

The robber had planned ahead. In case anyone was hot on his trail, he had at least a dozen unsuspecting decoys waiting nearby, which he recruited on Craigslist.

“I came across the ad that was for a prevailing wage for $28.50 an hour,” said Mike, who saw a Craigslist ad last week looking for workers for a road maintenance.

He…was e-mailed…instructions to meet near the Bank of America in Monroe at 11 a.m. Tuesday. He also was told to wear certain work clothing.

“Yellow vest, safety goggles, a respirator mask… and, if possible, a blue shirt,” he said.

Mike showed up along with about a dozen other men dressed like him, but there was no contractor and no road work to be done. He thought they had been stood up until he heard about the bank robbery and the suspect who wore the same attire.



India: Elder Care - Home Care

I am searching for a female to take care of a healthy elderly gentleman for 5 months from November ‘08 to March ‘09. Job location is Tuticorin.

Salary offered is Rs. 6,000 per month. Candidate must be over 18 years of age and under 45, have some college education, must have good health, cleanliness and must speak either Tamil or Malayalam or English. Must stay at the job location. Food and living quarters, transportation to and from home town will be provided.

Attending the elderly gentleman is the primary responsibility which includes light cooking, shopping and house keeping. Gentleman is in his 60’s and in good health and so no need for any medical assistance. Prior experience is a plus.

Rent-a-wife! Someone needs to scale this operation and market it to lonely singles around the world.


Simple explanation of a complex instrument

If you want to understand what a credit default swap is, go through the below link...

Wednesday, October 1, 2008

Which generation are you?

So you belong to Gen X? Gen Y?
All you oldies.... Welcome to the world of the new generation... Gen C. The C in "Gen C" stands for Customer made/Customised, Content and Cash. During the last two months, I have seen so many new Gen C stuff on the net, they are just mind blowing. From user designed footwear designs, to user generated car stickers, to almost customising everything what the customer wants. Well, this is just a small example of the many things possible by the next generation. So are you just going to sit on your backside and do nothing or actually do something and become cooler as the Gen C?

Should you be concerned?

The fight for "The ONE"