Pertinent Observations

Archive for the 'finance' Category

03 Jul

Kabaddi and Jesus Navas

I’ve always talked about the Kabaddi style of solving a problem. In Kabaddi, when you are defending, six out of the seven players in the team form a chain in order to encircle the attacker. The seventh defender, however, strikes it alone, in a different direction, trying to draw the attacker into a position where [...]

07 Jun

Relationship Stimulus

This post doesn’t necessarily restrict its scope to romantic relationships, though I will probably use an example like that in order to illustrate the concept. The concept that I’m going to talk about any kind of bilateral relationship, be it romantic or non-romantic, or between any two people or between man and beast or between [...]

27 May

Keeping Transaction Costs Low

The Bruhat Bangalore Mahanagara Palike’s coffers aren’t Bruhat, it seems. For the up-coming road widening project, for which considerable amounts of land need to be acquired, it seems like the BBMP can’t afford to pay in cash. Hence, it has been proposed that compensation will be paid in terms of Transferable Development Rights (TDRs). The [...]

02 May

Tax Breaks

One thing that has struck me recently is about charitable organizations that try to attract donations by claiming “100% tax break under section 80G” or a similar 50% tax break or some such thing. Given how often organizations use this technique to get funds, I’m sure this works. That people do choose where to donate [...]

08 Apr

Booze and volatility

Another of those things I’ve been intending to write for a really long time. Occasionally when I’m not feeling too good mentally, people ask me to go have a drink telling me that everything will be alright. However, given my limited experience in this I’m not too confident it will work. In fact, the only [...]

15 Mar

The TDS Scam

Tax Deducted at Source. TDS. A wonderful measure by the government to hide from us what they are taking away from us. The concept that there is a substantial difference between your “cost to company” and your “take home pay” has been ingrained in all off us, and so we don’t question the diffference. This [...]

21 Nov

Discontinuous Yield Curves

I think that the equity markets have topped out and have cashed out all my equity and equity mutual fund holdings, and am thus sitting on a pile of cash, which I’m looking to invest in debt. Happened to check out the websites of a few banks where I hold accounts and what caught my [...]

31 Oct

A Balance Sheet View of Life

The basic idea of this post is that interpersonal relationships (not necessarily romantic) need to be treated as balance sheets and not as P&L statements, i.e. one should always judge based on the overall all-time aggregate rather than the last incremental change in situation. Just to give you a quick overview of accounting, the annual [...]

26 Oct

Collateralized Death Obligations

When my mother died last Friday, the doctors at the hospital where she had been for three weeks didn’t have a diagnosis. When my father died two and a half years back, the hospital where he’d spent three months didn’t have a diagnosis. In both cases, there were several hypotheses, but none of them were [...]

10 Oct

Pricing My Best Friend’s Wedding

Any of you remember this movie called “My Best Friend’s Wedding”? If you don’t, here is a brief description of the plot. Julia Roberts and Dermot Mulroney (had to look up imdb to remember his name) have this agreement that if they are both single as of her 28th birthday, they will get married to [...]

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