mainly on personal finance, a bit on other subjects... a lot of prose, and some poems... all views here are personal, I welcome you to leave your comments
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Sunday, July 14, 2013
My life in the ether
Thursday, July 4, 2013
Musings on "safety and security"
Monday, June 24, 2013
What they say and what they mean - Conference Calls Part 2
| What they say | What they mean |
| Thank you everyone for coming into the call | I know you would not have if you had the choice |
| That is a good question | I don't know the answer |
| That is a very good question | I don't know the answer – I wish you had not asked the question |
| That is an excellent question | I DON'T KNOW THE ANSWER! |
| Let's take that offline | I don't know the answer / the other idiots on the call can't be expected to understand / Let's forget about it |
| If your boss is on the call and tells you "let's take that offline" | I'll talk to you tomorrow morning about this |
| Can you please repeat the question | I was not listening |
| Yes | I confirm / I was not listening |
| That's a good point | I'm just letting you know that I'm still here though I was not listening |
| That's an excellent suggestion | I agree |
| That's an excellent suggestion | I don't agree |
| That's an excellent suggestion, but… | I think you have gone nuts |
| I don't agree | I have gone nuts |
| This is a very important initiative | I don't know who wants it and why it's required |
| It's a project driving towards our strategic objectives | I don't know what this project is all about |
|
| Not agreeing will involve ten more calls – agreeing is far easier |
| We would like everyone to come on the same page | One more call spent in discussing context – I am quite willing to do that for the rest of my life – so long as there are no action points |
| Sorry about that | Just to underline that I am very polite |
| What you are saying is correct | People who live in glass houses don't throw stones |
Sunday, June 23, 2013
The truths of conference calls
Thursday, June 20, 2013
The difficulty of being Subbarao
Some quotes from the article:
MUMBAI: The rupee trimmed its early losses but was still quoted lower by 83 paise to 59.53 per dollar after hitting 60-level on strong demand for the American currency from banks and importers amidst sharp fall in equity market.
We are not short of actions or instruments as and when the need arises, said govt's chief economic advisor Raghuram Rajan on rupee dipping to an all-time low.
We will be alert to the development, we do not like volatility and take actions when necessary, Rajan said.
Rajan said rupee is not in a shambles and cautioned against being overtly pessimistic.
The government's chief economic adviser said the finance ministry, RBI and the SEBI are watching the markets.
The rupee resumed lower at 59.50 per dollar against the last closing level of 58.70 per dollar at Interbank Foreign Exchange (Forex) Market and dropped further to an all-time low of 60.00 per dollar before quoting at 59.53 per dollar at 10.40am.
Meanwhile, the S&P BSE sensex fell below the 19,000 level due to all-round selling pressure as the rupee hit record low.
The sensex resumed lower at 19,069.20 and dropped further to a low of 18,822.65 before quoting at 18,885.63 at 10.30am, showing a net loss of 360.07 points, or 1.87 per cent from its last close.
The NSE 50-share Nifty also dropped sharply by 124.45 points, or 2.09 per cent, to 5,700.80 at 10.30am.
Stocks fell across Asia after Federal Reserve chairman Ben Bernanke said after a two-day policy meeting that the central bank may reduce bond purchases later this year should the US economy strengthen.
Concerns about the health of the Chinese economy also weighed on sentiment after a survey showed further slowdown in China's manufacturing sector.
Persistent capital outflows from foreign funds also affected the market sentiment. Foreign institutional investors sold shares worth a net Rs 544.97 crore on Wednesday, as per provisional data from the stock exchanges.__.