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Showing posts from August, 2011

Interesting

Last Saturday when I met my friends at Marine Drive, there was an interesting coincidence. Out of 4 of us, one is a trader, another is a Banker, one of us works for the financial regulator and the fourth one works for a credit rating agency. So much for the financial system :)

Jiraiya

Jiraiya's last thoughts after his defeat at the hands of six paths of Pain. One of my favourite scenes from Naruto Shippuden - Its not how you live but how you die in the ninja world.. A ninja's life is not measured by how they lived but rather what they managed to accomplish before their death. Looking back, my life has been nothing but failures continually rejected by Tsunade, Unable to stop my friend, and unable to protect either my student or my mentor Compared to the great deeds of the Hokage my actions are trifling insignificant things indeed. I wish I could have died like each of the hokage. A tale is only as good as its final turn of events the plot twist. Failures must be seen as mere amusements! They are trials which hone your skills, I lived believing that And in return I swore I would accomplish a deed so great that it would obliterate all of my failures and I'd die a splendid ninja. At least that's how it was supposed to go But with my plot twist My tale

Quote

"When we speak of choice, what we mean is the ability to exercise control over ourselves and our environment. In order to choose, we must first perceive that control is possible" From "The Art of Choosing" By Sheena Iyengar

Too Big To Fail - 2

Well, further reading of the book, has changed my opinion about this book. Yes, initially the book followed a fixed pattern which meant the story moved much slower than I anticipated. But once most of the main characters in the story were described, the whole thing started moving at another pace. If one is to assume that what written in the book is true, then one does feel bad for the Dick Fuld and Lehman Brothers. Just to make the point of  "No more bailouts" clear they were allowed to fail, only to realize latter that there were no other ways to allow remaining institutions to survive without Government support (TARP). Also, one can observe that most of the important positions in the Fed/Treasury were held by former Goldman Sachs employees (Not that it gave Goldman some direct advantage in the rescue). The role of SEC was also disappointing with inability to crack down on the shorts when Lehman/AIG/Meryl stocks were bleeding. All in all, a good book to read (especially fo

Singing

Isn't it much easier to sing a song with everyone, than to sing it alone with others watching you? We tend to get a little conscious. In fact, I tend to forget the lyrics at such times. I observed it during last year's Shivneri trip (wow, its been so many months since that trip!!), same was true for Karjat outing. But I still love the time spent in group singing :)