Monday, November 17, 2008

Does a CAT have 9 lives?

Apparently not as per a CAT expert excerpt in Economic times :
“Over the years, there have been candidates who make repeated attempts at CAT and even get right percentile for admission to one of the IIMs. However, such candidates lack the right attitude and IIMs in fact don’t like them. And this year’s pattern reflects this very well,” said a CAT expert.
I wrote CAT twice, the first time I was better prepared but I did not clear it, the second time I got a center at Jyoti nivas college and cracked CAT in a happy go lucky manner. The key thing is to be relaxed. Why did'nt I clear it the first time..Among the reasons which I thought:
1. I was not relaxed
2. I reached the center too early and lost my potential by whiling about in the garden
Blogging on CAT is an Annual ritual :D

Thursday, November 13, 2008

saw toothed stock market

The fluctuation of the NSE Nifty today reminded me of saw toothed waveforms which I would look to clip in my electrical engineering days at surathkal. IMO This volatility is a result of uncertain policy measures as US is changing course seeing China's fiscal stimulus move. Today in the hindu columnist patnaik essentially advocated fiscal stimulus versus just doing increasing the M3 money supply. Will the long term cash flows of cashcow companies get effected unless of course the cashcow is not the sacred cow we thought but just a ponzi scheme of routing money from financial services into aircraft turbine and power generation biz? Making the customer leveraged by having a financial arm might be a good idea in good times, but in bad times it can make you sink faster.

Tuesday, November 11, 2008

Saravanaa bhavan and free movement of people

I am almost scared of posting for fear of horsing around. I had a shock of my life seeing the owner of saravanaa bhavan in chains. Is it a plot by McDonalds to stump the future of fast food from Madras. Saravanaa bhavan is an Oasis in Chennai station with fresh cool and clean air to breathe. Its so miles apart from the smelly station air!!
Saravanaa Bhavan near Mount road is where I would go with my parents on saturday nights to down the delicious Dosas followed by coffee and walk down to our house in Lloyds road. Walking a bit further and turning to left comes the US consulate who filed a complaint for traficking on Saravana Bhavan. Corporate governance becomes important for even SME's! Software companies would be well advised to look at the repurcussions of Visa abuse. It goes against my sense of liberty that the movement of humans should be restricted so that there can be certain oasis which reminds me of Babylon AD. In the movie Babylon AD , the rest of world is shown to be in Chaos while North America enjoys unprecedented peace and prosperity. Shall I accept the view that Visa is not a right and rebel against Darwinism and survival of the fittest. Why should a person who is not a diligent worker be sheltered against a hardworking person from another part of the world?