24 Aug
The problem with a formal engagement (like the ceremony I went through yesterday) is that nothing fundamentally changes in your life. Especially if things had already been “fixed” well before the engagement and the engagement was more of a formality to let people know and to get family and friends from both sides introduced to [...]
Posted in fundaes, personal, relationships, religion by: skimpy
5 Comments
19 Aug
Check out this article in the Wall Street Journal. Read the headline. Does this sound right to you? MakeMyTrip Opens Up 57% Post-IPO; May Be Year’s Best Deal It doesn’t, to me. How in the world is the IPO successful if it has opened 57% higher in the first hour (it ended the first day [...]
Posted in banking, business, economics, finance, fundaes, investment banking by: skimpy
1 Comment
18 Aug
I was in Nubra Valley, North Ladakh, the night the cloudburst and subsequent floods hit Ladakh. With the place having no mobile network, we were completely cut off from the rest of the world and had no clue of the disaster until we were more than halfway back, when the driver of a car coming [...]
Posted in descriptive, general, media by: skimpy
1 Comment
16 Aug
We live in an era of unprecedented liquidity. Think about the difference from just about ten years ago. Back then, there was a much larger amount of cash reserve that one had to keep in one’s home, or on one’s person. There were no ATMs. There were no credit cards. All purchases needed to be [...]
Posted in arbit, economics, finance by: skimpy
No Comments