21 Oct
One of the advantages of being jobless is that though you’re poor in terms of money, you’re rich in time. So you have all the time you want to do things that give you random kicks, such as riding the new Bangalore metro on the second day of operation. The reason I chose to go [...]
Posted in bangalore, descriptive, infrastructure, travel by: skimpy
1 Comment
21 Oct
The more I think about it, the more I’m convinced that travel agents perform a very similar role to investment bankers. In the olden days, not everyone had access to financial markets. In order to buy or sell stocks, one had to go through a brokerage company, who would be paid a hefty commission for [...]
Posted in arbit, business, economics, finance, investment banking, travel by: skimpy
1 Comment
19 Oct
So all business newspapers report that LK Advani had issued a “warning” to Yeddyurappa a while back that he was getting too corrupt. Nevertheless, several BJP “party workers” in Karnataka have been coming out in defence of Yeddy, saying he’s innocent and that he’s still their leader. Some of them have refused to accept the [...]
Posted in fundaes, politics by: skimpy
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19 Oct
When we talk about the global financial crisis, one question that pops up in lots of people’s heads is about where the money went. Since every trade involves two parties, it is argued that every loser has a corresponding winner, and that most commentary about the global financial crisis (of 2008) doesn’t talk about these [...]
Posted in arbit, business, economics, finance, fundaes by: skimpy
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19 Oct
I first visited New York City in January 2010. It was a work trip, as I was working for a Wall Street firm back then. Blessed with a generous expense account, one of the aims of that trip was to sample all that New York had to offer in terms of culinary experience. One such [...]
Posted in arbit, food, personal, travel by: skimpy
1 Comment
18 Oct
Ever since D V Sadananda Gowda became chief minister of Karnataka not so long ago, we residents of KR Road have been subjected to the holdup of the KR Road-SouthEnd Road signal several times a day. The convoy for which traffic is held up is huge, leading us to believe that it can’t belong to [...]
Posted in arbit, bangalore, politics by: skimpy
1 Comment
18 Oct
Every time we clean up our house, which is quite frequent I must say, there is a bunch of stuff that we want to throw or give away. Being rational beings, each time we look to maximize the returns we get out of whatever we don’t need, and hence go around looking for people who [...]
Posted in arbit, business, economics by: skimpy
3 Comments
16 Oct
In an article arguing why Kolkata is best placed to be India’s “best city” in another 20 years, Aakar Patel (I’ve started looking forward to his columns in Mint Lounge) mentions that there isn’t much corruption in the governments in Bengal (at both the center and city level). I don’t know the reasoning for this, [...]
Posted in arbit, economics, politics by: skimpy
1 Comment
15 Oct
While on a long lonely walk today (ironically, immediately after watching Liverpool play) I saw this library not too far from my house. It was called Just Books, I think, but I’m not sure of the name. With my British Council Library membership due for renewal in a couple of months, and doubts about whether [...]
Posted in books, economics by: skimpy
2 Comments
13 Oct
… is that private players who are providing those goods have an incentive in blocking attempts by the public sector to provide those goods. For the purpose of analysis, let us take the example of Gurgaon, both because I’m reasonably familiar with it and because it has been in the news in the international media [...]
Posted in economics, fundaes, infrastructure, politics by: skimpy
1 Comment