Pertinent Observations

I learnt finance only in 2005. It was around that time that I first came across the concept of delta hedging. However, I now realize that unknown to me, I had indeed used this concept to great effect in 1999. That was the year when I had started preparing for the JEE. I had joined [...]

I’ve always been a “topper types”. I started topping class when I was in first standard (and no, they didn’t announce ranks before that), and as if that wasn’t enough, my parents made sure that all relatives, and all teachers in school knew about my superhuman arithmetic skills. And as if even this wasn’t enough, [...]

It’s been a strange evening. Maybe it’s the first time in a long time that I’ve left office really early, without a definite plan. My evening has followed approximately this kind of a pattern – nostalgia, delirium, nostalgia again, sadness (because Anand lost), yet another bout of delirum followed by yet another bout of nostalgia; [...]

It’s a strange feeling when you are feeling high but you know that a bout of NED is inevitable. You know the high won’t last long, but you can’t even enjoy it while it lasts since you are already worried about your ability to handle the impending NED. The reverse though never happens. When I’m [...]

I don’t know how to describe it. “Writing club” or “literature club” makes it sound too serious, and if it were indeed one, then we need not have put “informal” when we put it in our CVs. “Slander club” makes it sound like we were all bitches, which we were not – though I must [...]

I’ve never been the religious types. I haven’t been too rebellious either, though I’ve had my fair share. Back when i was a kid, I would demand breakfast on the morning of important poojas when nothing was supposed to be consumed. I would insist on touching the person doing the pooja (usually my mom since [...]

Two weeks back we were all given dual screens at office. A couple of days after that, those of us that had joined recently got Bloomberg logins. It’s a very restricted version of Bloomberg, with most of the strong features having been disabled. One feature that is enabled, though, is to get the graph of [...]

I stumbled upon this post I had written some two and a half years ago. I had drawn an analogy from bridge and had argued that if your achieving something is conditional on a certain uncertain event, you should assume that the event is going to go your way and take your best shot. I [...]

Following my post on Alonso and delta hedging, I’ve been involved in excellent conversations with a number of friends. I’ve got loads of advice, mostly solicited, on how I should go about the blading process. And there have been a number of other insights also, with a lot of theories having been generated on the [...]

Earlier this evening, I went to check out a gym here in Gurgaon. The place itself was fairly nondescript – basic and decent but nothing extraordinary. What wasn’t nondescript was the price chart. Monthly: Rs. 1800 Quarterly: Rs. 3600 Half-yearly: Rs. 5000 Annual: Rs. 7000 The amount of discount you get as you sign up [...]