Thursday, April 30, 2015

How Financing is done today...


It was often said that business, 
needs to be in the black, not red;
not making profits made no sense,
and without cash, many bled to death!

The world is turning upside down,
for that's not how it's done today;
Someone keeps pumping more of it,
For the entrepreneur to burn away!

They even call it the "burn rate",
and flaunt "mine is greater than yours!";
the more they grow, the more they burn,
investors drool, and queue at the door!

Burn my money! No, please burn mine!
You are the one making most losses!
You must be good, entrepreneur mine,
For you've burnt whatever was offered!

They used to look at business models,
discount the cash flows to the present;
Unless the business turned the corner,
Negative cash flows meant sure death!

Then they valued the eyeballs,
moved on to monitor stickiness;
Now it is the power of the Net,
How quickly, at what scale, can you burn it?

How quickly can you give it away,
in free rides, discounts, and giveaways?
How many did you reach today,
to sell below what it cost you to make?

How fast can you race to the bottom,
How much of my money will you take?
How soon will you empty the coffers,
The quicker, the more you can take!

Tuesday, April 21, 2015

Big Data and Us


An NYT article carried in TOI today (link:http://nyti.ms/1aHHOnT )  exploring the new trend of "health trackers" - or wearables, which throw up tons of data, ostensibly to help us improve our health. I particularly like the British Medical Journal quote: 


" [the BMJ] described healthy people as "young asymptomatic, middle-class neurotics continuously monitoring their vital signs while they sleep" -

 

- what an irony-  this describes healthy people!...


======================



Man has always strived to find the truth,

The needle hidden in the haystack.

That moment of light, burst of insight,

Darkness lit up by sliver of light!

 

Oh God, grant me the wisdom to see,

The truth of truths that underlies things!

All distractions lead to misery.

I need less of things, to know peace!

 

The age of Big Data is on us,

Zetabytes of useless things!

They invent things to find out stuff,

And drown us in data we don't need!

 

To stay healthy we need to walk,

But we have forgotten how to.

So the voices on our wrists talk,

Presuming to teach us when to move!

 

The tests have a hundred markers,

Each can be read thousand times a day.

Data fed to us chewed and crunched,

To make us worry in every way!

 

Data to feed our neurosis,

Enough of it to make us drown.

The swimmer needs to skim the surface,

Not gasp for breath with his face down!

 

Data, data, everywhere!

No time to step back and think!

No time to pause, or come up for air,

I want to fly; I wonder why I sink?


Dinesh

21 April, 2015



Tuesday, April 7, 2015

Stop taking statins


Article by Dr. B M Hegde (link at the end) on why taking statins are bad for you. He also talks about the statistical scam that all medical research indulges in.

In case you get hit by a bus tomorrow, by all means rush to a hospital to get treated. Allopathic drugs and the whole medical edifice are ok only for emergency life threatening stuff. For any chronic problem, it is not the problem in isolation that is the issue, it is a whole host of lifestyle factors including what kind of food you have, your level of physical activity, and how much you can avoid stressful situations. For these problems, taking tablets is not the solution, especially allopathic tablets; in fact what doctors recommend is only going to take you deeper into the mire, and make you more and more unhealthy, for which you will take more and more medicine - a vicious cycle.

If you are taking statins now, stop it right away. And don't go and ask your doctor for advice. Doctors don't know enough about health to offer advice on such matters! 

Unrelated, but in today's context, if you want to know the one thing to do that will safeguard your health the most, it is this: Avoid Processed foods. Which means any food that comes from a factory, and that includes biscuits, bread, maggi noodles, chocolate bars, soft drinks, ready to eat foods, cereals, packaged juices, and also so-called fresh foods which hide within them highly processed foods, like chain-store pizzas, burgers, etc. Just go to your local darshini or paratha joint, and eat the freshly cooked stuff there; whatever the oil they use, and whatever else they do, it is still better than eating food coming out of packets.

Again, don't try to read the labels, look at 'safe' limits, or try to reason it out in any way. When you don't eat anything from a packet, there are no labels to read! Just avoid all processed food, period; it is better to go hungry (fasting is anyway healthy) than to eat processed foods.  I have tons of sources to back up what I am saying, but that I will keep for another time.

(And you are wondering in what way am I qualified to advise on such matters - I am not a doctor, and that is a good start :-)  )

Dr. Hegde's article in the latest issue of Moneylife magazine:


Dinesh Gopalan

Thursday, March 26, 2015

Some common proverbs - in the organizational context




I was just thinking how some common proverbs might need to be modified, to suit the context of any large organization:

1)      A stitch in time is better than nine; a switch in time is better

 

2)      The one who laughs last, laughs loudest; and it is always the boss who does

 

3)      A chain is no stronger than its weakest link ; but it can be made stronger with a ball attached

 

4)      The end justifies the means; for us, the means are an end unto themselves

 

5)      A good man is hard to find; a hard man is a good find

 

6)      A little knowledge Is a dangerous thing; too much knowledge, or its display, can be fatal

 

7)      A new broom sweeps clean; then the shit piles up again

 

 

8)      A rolling stone gathers no moss; but amasses a lot of money in the process

 

9)      A place for everything and everything in its place; you better know yours

 

10)   A volunteer is worth twenty pressed men; so we always press you to volunteer

 

11)   Failure teaches success; success leaches on failures

 

12)   Fear is stronger than love; better still is instilling fear while professing love

 

13)   Flattery will get you nowhere; but it is the quickest road to the corner office

 

14)   We give credit where credit is due; just so long as you don't expect cash

 

15)   He who pays the piper calls the tune; you better know your boss' music preferences

 

16)   He who climbs the ladder must begin at the bottom; and learn to lick his way up

 

17)   Count your blessings; be happy we have not fired you!

 

18)   Don't bite the hand that feeds you; lick the ass that does

 

19)   Don't try to walk before you can crawl; in fact, keep crawling, we like it that way

 

20)   Doubt is the beginning, not the end of wisdom; except when you doubt your boss – that is the end

 

21)   Experience is the best teacher; just make sure you live to collect it

 

22)   If at first you don't succeed, try, try and try again; you have time till the next appraisal

 

23)   In for a penny, in for a pound; make that in for a pounding

 

24)   In the kingdom of the blind, the one-eyed man is king; provided he doesn't let it be known that he can see, else he will be killed

 

25)   Let the punishment fit the crime; sometimes, invent the crime to fit the punishment

 

26)   Life begins at forty; not here, outside the Company

 

27)   We never judge based on appearances; but make sure you dress well

 

28)   Never speak ill of the dead; you may be joining them tomorrow

 

29)   The last straw breaks the camel's back; but don't worry, we know how to stop just short

 

30)   The more one knows the less one believes; we want you to believe

 

31)   To travel hopefully is better than to arrive; we make sure you never lose hope


Dinesh Gopalan




What passes for wisdom!


The problem  with sports is that it is meant for playing. There can only be so much to write about, or comment about, when it comes to sports.  But then the media needs to make a living too. They need to fill the empty pages, create an excitement where there may be none, or feed into existing expectations.

 

Today's TOI's article on the front page, no less, written by Sachin Tendulkar, no lesser, offers these nuggets of wisdom:

 

Do not try anything out of the box: And why not? It is equally valid to say, that out of the box thinking is required in every situation. Maybe that statement is reserved for tomorrow's article.

 

India is one team that no one wants to play in the tournament: And, so I am sure, is Australia. And of course New Zealand. So what are we saying here?

 

Which is why India should look to repeat what has worked so far for it: I hope we don't lose. Then it will be due to repeating the same old things, and not thinking out of the box.

 

I don't see any reason to try anything different, unless the situation demands it: This is really wonderful. It sounds like the starlet giving an interview who always says "I don't believe in exposing myself, unless the scene demands it"! And of course, it goes contrary to all the advice her mother has given her to not try anything different and not to think outside the box.

 

The boys must look to play with a blend of aggression and adrenaline: Now this is a new one. Other journalists will be noting this down for use in their writings. Truly wonderful statement which makes no sense whatsoever.  And yes, this statement is followed by the statement "That is what produces results" – journalists please note.

 

They must have 'cricketing awareness' which is basically the sense of playing according to the situation: Really? How wise!

 

They must have a calmness about them too: Now this is interesting to imagine. How do you have a calmness about you, when you are playing with a blend of aggression and adrenaline? Perhaps it comes from not thinking outside the box.

 

I know the players in this team. They must be looking to go out and enjoy the game: Thank God for that. He is saying that since he knows them very well -  it is not everyone that has such deep insights into the players' characters – you need to know them very well to have that.

 

There will be sledging, but I am sure our boys are good at tackling it: Meaning, you don't know whether they are good at tackling it or not? I thought you knew the players in this team. And I was reading yesterday that 70 percent of the tickets have been bought by Indians – so who do you think will be sledging whom?

 

It will be a good, well fought game which the spectators will enjoy: Well, I certainly hope so too.  How perspicacious of you to say so!

 

The boys shouldn't worry about who's saying what:  That is Tendulkar offering advice on life in general!

 

The batsmen shouldn't worry about the short ball because they have been doing quite nicely so far: So is it time they started worrying about the long ball or the yorker?

 

And then you have the brilliant comments from other cricketing greats who have been of course interviewed for their nuggets:

 

Kumar Sangakkara: Just go out and enjoy the occasion as it's a special day for the men in blue: Now that is a statement no one can object to. Makes eminent sense!

 

Dilip Vengsarkar: If we bat first, we should look to not lose wickets in the first 10 overs. The 10-40 overs period will be crucial as well: Dilipbhai, you left out the 40 to 50 overs. Perhaps you feel the Indians will not last that long?

 

Dilip Vengsarkar continues: The batsmen must look to forge partnerships: Of course, what else?

 

Other nuggets from Tendulkar:

 

I am sure Dhoni's boys know how to bowl to Glenn Maxwell and the other Aussie batters: Sachin, for a supposed expert, you don't seem to be definitive about anything!

 

Once Shikhar Dhawan gets going, it spells trouble for the opposition: Of course. I thought that is what getting going meant.

 

All in all, sports writing does have a lot of wisdom on offer!