Friday, October 28, 2005

Human Rights!

Should Children be allowed to work?

During lunch someone brought up the coming up holidays (Diwali) and crackers. Of course as soon as we think of crackers these days we automatically think of little children working in these factories dying little by little. This has now been fixed by not allowing children to work in such places. Well done!!! or is it?

By stopping the children from working at these places what have we done? Some, notice i use the word some, children, children who were abandoned by their parents and were working to be able to buy themselves one meal a day, not two, not three but one mean a day now are forced onto the roads to beg! Those who wouldn't are now no longer alive. Pains to know this doesn't it? Before we go ahead and make bold decisions like not making children work, we must first provide for them. With a country of over a billion people and a quarter of those being children, there's no way we can provide for their basic needs.

Ideally yes! Every child in the country must go to school, must one day earn a living doing something honorable, but let's face it. We’re not living in a perfect world.

Where are those children today? Where are the children who stopped working in the fire cracker factories?

Thursday, October 27, 2005

Europe or Yurrop???

Is it Europe or Yurrop?

The European Commission has just announced an agreement wherebyEnglish will be the official language of the European nation ratherthan German which was the other possibility.

As part of the negotiations, Her Majesty's Government conceded thatEnglish spelling had some room for improvement and has accepted a5-year phase-in plan that would become known as "Euro-English".

In the first year, "s" will replace the soft "c". Sertainly, this willmake the sivil servants jump with joy. The hard "c" will be dropped infavour of the "k".

This should klear up konfusion, and keyboards kan have one lessletter. There will be growing publik enthusiasm in the sekond yearwhen the troublesome "ph" will be replaced with the "f". This willmake words like fotograf 20% shorter.

In the 3rd year, publik akseptanse of the new spelling kan be expektedto reach the stage where more komplikated changes are possible.Governments will enkourage the removal of double letters which havealways ben a deterent to akurate speling. Also, al wil agre that thehoribl mes of the silent "e" in the languag is disgrasful and itshould go away.

By the 4th yer peopl wil be reseptiv to steps such as replasing "th"with "z" and "w" with "v". During ze fifz yer, ze unesesary "o" kan bedropd from vords kontaining "ou" and after ziz fifz yer, ve vil hav areil sensibl riten styl.

Zer vil be no mor trubl or difikultis and evrivun vil find it ezi tuunderstand ech oza. Ze drem of a united urop vil finali kum tru.

Forces of Nature!

Today's discussion at the lunch table was about a number of things actually, one of them being the g-forces people can take.
here are some questions:
1. Who was the first person to experiment with G-Forces?
2. What is the max that we humans can take?
3. What are the g-forces experienced by different people in professions such as formula-1, astronauts, fighter pilots etc?

4. On a roller-coaster?

Tuesday, October 25, 2005

Foosball Roster!

Yup! its up now. we've got our very own 'Foosball Roster'. Look to the left of the screen and you'll see the names of everyone in the order of their position. So if you guys have a team and want your names up here, register now!
Just drop in a comment and your names will be put up here.

Monday, October 24, 2005

Predicting Stock Markets

Stock Market Predictions are the Key to Successful Investing
One of the greatest popular myths about investing in stocks is that in order to be successful, you must be able to predict the stock market's movements. Why do people assume this? For some, it is because they do not understand that stocks give a positive and substantial return over time - they falsely assume that stocks bounce around in the same range forever, and they therefore conclude they must predict movements in order to be able to sell at the top of the range and buy at the bottom of the range. For others, the desire to predict is borne out of human nature, which puts a premium on certainty. We love to know what will happen in advance. Hence, it is usually assumed by the beginning investor that to be successful, one must first become an expert at forecasting future market trends. Experienced investors know, in fact, that nothing could be further from the truth.
Some icons of Wall Street love to advance the cause of market predicting, because they are paid to predict these movements. Others simply humor their clients who are looking for market projections because they know that it is easier to give them a projection than to try to correct the clients' thinking. For instance, nearly every retail brokerage firm has a chief economist or market strategist whose main responsibility is to predict the climate for stocks. A large number of books, advisory services, and such that are sold focus themselves almost exclusively on prediction of how the stock market in general will perform in the future. But in truth, the best way to make money in the stock market is to avoid approaches that rely on market predictions. This will most likely seem an odd or even a absurd statement to some, perhaps most. Yet, any serious review of the results of market gurus over a long period of time reveals a track record that is no better (usually worse than) a simple buy-and-hold strategy.
Don't misunderstand me: There is no doubt that if a person could accurately predict the short-term fluctuations of the stock market, that person could far exceed the return of someone who simply bought a basket of stocks and sat on them. However, the one fatal problem with this is that there has never been a single person who has figured out how to do it. Nearly all market advisors claim to be able to call the market's every turn, but in fact every credible study ever done on the subject has proven that these claims are invariably false. By far, most market prognosticators significantly underperform the market, despite their universal claims to the contrary. Given the large number of market gurus that now exist, the laws of statistics dictate that some of them must beat the market, out of pure luck if nothing else. However, they lack the ability to repeat this performance from one time period to another, and the group of market beaters will usually be a different group every time period that is sampled. If you could predict which guru would be right for the next year, you would be in good shape. But, of course, it's just as hard to predict which guru (or which dart board) will be right for the coming year as it is to accurately predict market conditions. Finally, even if we are generous and assume that there is some market forecaster out there who has the holy grail of market prediction, our chances of being able to sort him out from those who simply got lucky are pretty slim.
As of this writing, the market prognosticators who are most successful over the past ten to fifteen years are those who have been perpetually bullish. Although we all get bearish once in a while, we do best when we keep our bearish feelings from affecting our actions. Therefore, I recommend that you feel free to have your opinions about where the market is heading, but always invest as though the market is going higher. Over the long run, you will be better off than if you had jumped in and out of the market. Of course, you have to exercise some caution in having an optimistic viewpoint; the best policy is to only invest money that you can afford to be patient with if the market stalls or backtracks. If you take out a huge mortgage on your home with the expectation of investing it for a quick payoff, you are tempting fate and your emotions of fear will almost certainly cause you to fail.
If results are any indication, the conclusion must be that market forecasting is prone to failure. One of the purposes of this book is to free you from the compulsion we all seem to have to predict future market trends.
An alternative mindset to the prediction game
If we are not going to spend our energies wondering where the market is going, then how can we succeed in the stock market?
The key is to develop a method which will react to events as they occur, and will ensure that our returns are as good or better than the returns on the general market, whatever those market returns may be in the future. We can essentially ignore what "the market" is doing - or especially what it is forecasted to do in the future. We own our particular set of stocks, not "the market." What we really need is a method which concentrates on how our stocks are actually doing, as opposed to how they will do in the future. We own our portfolio of stocks. The Reverse Scale Strategy is such a method and will be developed later in this book once its theoretical underpinnings are explained.
If you just can't help yourself...
As most investors eventually learn, market prognosticators are notoriously inaccurate. If you already know the futility of market forecasting but feel that you simply must predict the market, I will reveal at this time how you can be as good as the best market gurus in predicting the market: When you get up each and every morning for the rest of your life, make this astonishing prediction: "The market will be up today." If you make that your prediction every single day you will be as accurate as some of the best people in the field of economics, having achieved a long-run accuracy of about 60%. Despite people's fears of bear markets, the market spends most of its time advancing, not declining.
In the long run, a good investment strategy that doesn't rely on prediction will beat a market forecasting strategy.


Someone we know is feeling unusually shy abt I'm posting it on his behalf! Check this out....

And...some stuff from another friend...

Friday, October 21, 2005


Introducing you to the newest word to catch my fancy ... TID ... standing for 'The Idiot Demographic'

They're every marketer's dream, every developing nation's hope, and every slightly sensible person's worst nightmare, but biggest source of entertainment.

Loved this piece on them.

disclosure...I am an iPod owner too! But, in my defense, it's only a mini ;)

Thursday, October 20, 2005

cartoons and fiction

I remember while i was growing up, sitting in front of that gripping cartoon or have the latest hardy boy novel in my hand till every page has been Xeroxed into my brain. my favorite cartoons were & still are tom & jerry, tin-tin and book used to be the entire hardy boy series.
anyone else remember what you read or saw?

I love bookstores. A bookstore is one of the only pieces of physical evidence we have that people are still thinking. And I like the way it breaks down into fiction and nonfiction.
- Jerry Seinfeld

ps: my fav. characters now have to be calvin & hobbes

Multiple Universes

Here are a few questions:

a) Do multiple universes exist?
b) If they do how did they begin?
c) was there a single "big bang"?
d) how can we detect other universes?

this is not the first posting...!!!!

Still wondering why did I pick this color for the blog....
any clues?