Arranged Scissors 12 – Rejection Sharing Agreements

This is similar to the Klose-Podolski corollary to the Goalkeeper Theory. To refresh your memory, or to fresh it in case I haven’t mentioned this earlier, the Klose-Podolski corollary refers to a case of two close friends who decide to hit on the same person. The implicit understanding is that they don’t regard each other as rivals but blade together, and first get rid of all the other suitors before they engage in one last showdown so that the bladee picks one of them.

We came up with this corollary to the Goalkeeper Theory shortly after the 2006 Football World Cup, during which Klose and Podolki formed a cracking strike partnership for Germany. Later on, they were to play together for Bayerrn Munchen, but like most Klose-Podolski arrangements, they too ended up in bitterness with Poodolski (who scored the lesser number of goals among the two) publicly voicing his bitterness and finally transferring to his “native” Koln.

Now that the crazy digression is out of the way, let me get to the point. Today is the first day of Navaratri, and with the inauspicious “Mahalaya Paksha” having gotten out of the way, arranged scissors is back in full earnest. This also means that I re-enter the market, though I’m still yet to list myself (don’t plan to for a while at least. OTC is said to give superior valuations). And some casual conversation and some not-so-casual phone calls this morning, I have been thinking of the arranged marriage equivalent of the Klose-Podolski arrangement.

So basically, as part of this arrangements, two parties who are looking to hit the same side of the deal strike a deal to share “rejection information” with each other. “Rejection information” can be of the following two types:

  • Today I found out about this girl. She seems to be really good in most respects – good looking, rich, good family background, virgin and all that. But for some (usually random) reason, my son doesn’t want to marry her. Why don’t you try her for your son?
  • Today I found out about this girl. Talked to her, her parents, etc. Doesn’t seem like a good prospect at all. She is either ugly or too “forward” or her family background is bad. I think the chances of her getting along with your son is quite low. Don’t waste your time with her.

Note that both of this is extremely useful information, especially in an illiquid market. What is important here is the nature of people with whom you strike such agreements. The basic thing is that your correlation with them should neither be too low nor too high. Ideally, they should belong to the same/similar caste, should have a fairly similar family background, etc. but the boys shouldn’t be too similar. Yeah, I think that is a fair criterion – they should be as similar as possible in terms of “arranged criteria” but as different as possible in terms of “louvvu criteria”.

Basically if the correlation is too low, then you can’t really trust their judgment on counterparties. On the other hand, if the correlation is too high, then it is extremely likely that they turn out to be “rivals” and that if one party rejects a girl, it’s unlikely that the other party will like the girl. I supppose you get what I’m talking about.

One downside to such agreements that I can think of – it might cause bitterness later on in life, long after the goal has been scored. The feeling that “this guy married a girl that I rejected” or the other way round might come back to haunt you later on in life.

Scissors

It was our third term in IIMB. The institute had come up with this concept called “core electives” which no one had a clue about. These courses were neither core nor elective. And one of them happened to be Investments, taught by the excellent and entertaining Prof. R Vaidyanathan.

This was around the time when Kodhi and I had been trying hard to introduce the word “blade” (in the context of “putting blade” meaning “hitting on someone”) to campus. This word had been long established in Bangalore Slanguage, and we were trying to make IIMB also adopt the same. In order to further our efforts towards introducing this words, we even picked a batchmate each and actually started putting blade (ok I made that last one up).

So during the course of the class, Prof Vaidya said “the difference between a blade and scissors is that a blade cuts one way while a scissors cuts both ways”. I forget the context in which he said that, but it doesn’t matter. What matters is that a collective bulb lit up in the first row, where Kodhi and I had been sitting. “Blade” now had a logical extension. A new slang-word had been born at that moment, and later that day at lunch we introduced it to the general public at IIMB.

So that is the origin of the term “scissors”. Now the title of my blog post series in “arranged scissors” might make sense for you. Scissors happens when louvvu “cuts both ways”. When a pair of people put blade on each other- they are effectively “putting scissors” with each other. So in most cases, the objective of blade is to convert it to “scissors”. And so forth.

While in the frontbenches of Prof Vaidya’s class Kodhi and I were inventing the term “scissors”, Neha Jain was in the backbenches actually putting scissors with Don. Now she has come up with a nice poem on this topic. Do read it. And I want to make a Death Metal song out of it. So if you have any nice ideas regarding the tune and appropriate umlauts, do leave a comment.

Hajaam

This Monday, for the first time in my life, I got myself shaved by a hajaam (barber). Yes, for the ten-odd years that I’ve been shaving, I’d so far never let anyone put a blade on my face. However, a long vacation in Bangalore, absence of my usual Mach-3 and constant jibes by my mom about “wilderness on my face” led me to the hajaam.

I started off my shaving career sometime in 1999 when I was presented a Gillette Sensor Excel. After I earned my first ever salary (four years back) I upgraded myself to a Mach 3. I’ve had a few flings with cheap one-piece razors such as the Gillette Presto or the 7 o’clock Ready 2 Shave, but till a week back had never put a single blade on my face. It was always at least double. And I’d always do the act twice, once forward and once “reverse”. And for all these ten years, the part of the process that has taken the maximum time has been to ensure that my sideburns (I’ve always had them) are of equal length.

The act of getting shaved itself was pretty quick, maybe since it was so much easier for the hajaam to figure out if my sideburns were of equal size, or maybe since he didn’t care about it as much as I do. It was a bit uncomfortable as his hands, one of which held an ultra-sharp single blade, hovered over my face and neck. It itched a bit, and my face twitched a bit, but thankfully I didn’t get cut. It was again a “double shave” but unlike my own double shaves, both the shaves that the barber did were in the “forward direction”. Maybe the barber’s single blade isn’t suited for “reverse shaving”.

In the two minutes that I spent getting shaved, I started thinking of the history of shaving (no I’m not talking about the series of communist portraits here (Marx-Lenin-Stalin-Mao) ). About how if I’d been born a century earlier I’d have to go through this hajaamat on a regular basis – since safety razors weren’t yet in existence then. About how certain Hindu customs have failed to take into account the development of the safety razor and the fact that one can shave himself easily now. I was thinking about the total amount of business that barbers would have lost thanks to King Gillette’s invention – rather than making their money out of a daily shave, they now had to rely on monthly hair cuts only.

Another thing with the invention of the safety razor is that full beards are now less popular – back in the days when everyone had to go to the hajaam for a shave, people couldn’t afford to shave daily, and a full beard appeared significantly better than a stubble. Now that people can afford to shave daily, they never have a stubble and can thus be always clean-shaven.

The most uncomfortable part of the shave was when the guy was shaving the upper lip. With the nose on one side and the mouth on the other I was quite scared. I now reason that the coming of the safety razor has played a significant role in the decreasing popularity of moustaches – you feel so much more comfortable taking care of that sensitive region yourself rather than handing it over to a hajaam.

It was overall a quick, mildly scary, but decent experience. I got charged Rupees Twenty which I thought was okay for the shave. And I realized how much higher the barber’s “billing rate” was for the shave (twenty rupees for five minutes’ work) as opposed to a haircut (fifty rupees for twenty minutes’ work) . And I started wondering once again about the damage to barbers’ fortunes caused by King Gillette’s invention.

Arranged Scissors 4 – Dear Cesare

(this is a collection of stuff I want to collectively say to all Cesares out there. Some of these might be based on stuff that has happened to me. Most of this, however, is imaginary. Nevertheless, I suppose I’ll end up saying some of these things sooner rather than later. Rather, I won’t be able to say a number of these things which is why I’m writing them here.

Cesare is a generalized term to refer to the father of the girl that you are seeing/checking-out/blading/marrying. It was collectively invented by Monkee and Kodhi, and alludes to a former AC Milan and Italy manager)

Dear Cesare,

  • You know, we are modern people. Yes, my mother is religious and all that but we think horoscope is a fraud. How do we know you haven’t frauded your daughter’s horoscope? Even if you didn’t, I was born through Caesarian section. What if the time of my birth had been timed to make sure I have a good horoscope? Do you still want it? Do you still think it matters?
  • Your daughter doesn’t look good, but I don’t know how to communicate this to you. Obviously, you won’t like to hear that your daughter is ugly, since that is a comment on the genes that you’ve passed on to her. But given that we’d cleared everything till this round, and are saying “no” now after inspecting the photo, isn’t it clear that we are rejecting based on looks?
  • Maybe next time I’ll ask you for your daughter’s horoscope along with her photo. Fraud it (horoscope) may be, but you think that is a better reason for rejection than looks. So next time I call you up and tell you “jaataka didn’t fit” you know what I’m talking about. Oh, and one more thing – you need to get the timing perfect. Both the horoscope and the photo should be sent together – else I won’t be able to reject based on horoscope
  • Every time I say “no” to your daughter, you ask me why. Why should I give you the reason? What if I had met your daughter in a pub (assume she’s a pubgoing, loose and forward woman) and hit on her for 2 days and then ditched her? Would I have to give reasons then? And you don’t take “not good fit” for an answer. There is a good chance you don’t really understand “fit”.
  • According to you, if I say no, there is something wrong with your daughter. And if she says no, then there is something wrong with me. I suppose you haven’t heard of something called the interaction term right? I suppose you haven’t been taught to add vectors, where there is a cosine term?
  • Yes, your daughter looks decent enough. She is smart enough. She is nice enough. From what I have understood she cooks just well enough. She earns enough. She is flexible enough. I agree with all of these. Excellent Common Minimum Programme, but I’m afraid that’s not what I’m looking for.
  • Of course, for the purposes of symmetry, your daughter can also say no to me without having to explain her stand. I’ll completely respect her decision. Being told “no” without being given reasons is not new to me. It’s happened in different markets.
  • And then you have a problem if I’ve already said “no” to too many women. You think I’m a loose guy, and that I’m in the market only to check out and hit on unsuspecting “hen makkLu”. But isn’t checking out and hitting on the main purpose of this process of finding a partner? Or do you mean that this market is for finding CMPs only, and I need to get out because I’m not looking for one? In any case, it would be good if your daughter were to be suspecting.
  • During the interview, I’m going to ask your daughter if she is a virgin. If you think she is the type that will be scandalized at such questions, you need not shortlist me.
  • Remember that this is the most important decision of my life. And that of your daughter’s life. So please don’t make us hurry up and make an uninformed decision on this. As long as both of us are still interested in each other, you should let us be. It takes time for Interest to move to Desire. Till then, don’t force Action.
  • I understand that you might be scandalized that I’m writing all this on my blog. nODi swamy, naaviruvudu heege (trans: look sir, we are like this wonly). I just hope that you and your daughter don’t really mind this. If you do, then we have a small problem here. Oh and btw, this is one post in what I intend to be a fairly long series on “arranged scissors”. You can find the entire list downstairs.
  • Just one thing – the tone of this post is siginficantly harsher than what I normally talk like. You are validated if you were to un-shortlist me because of the content of this post. But you are not doing the right thing if you were to un-shortlist me based on the tone. My apologies for that.
  • I hope that some day I’ll be able to call up Radio Indigo and dedicate a song to you. The song is by Iron Maiden. It is called Bring your daughter to the slaughter.

Thanks and regards,
SKimpy

(yes, that is my name. And if you came here looking for Karthik S’s blog, I assure you that you have come to the right place)

Earlier:

Arranged Scissors 1 – The Common Minimum Programme

Arranged Scissors 2

Arranged Scissors 3 – Due Diligence

Arranged Scissors 2

One of the greatest sins in the normal relationship process is tw0-timing. If your statistically significant other figures out that there is yet another other who might also be statistically significant, she is not going to take things lying down. The most likely scenario will be that the yet another other will indeed become statistically siginficant – since the original SSO puts ditch. It might be a stretch but I’ll anyway say that tw0-timing is probably the worst mistake you can commit in the course of a relationship.

The arranged marriage market puts no such constraints. Even if you are ten-timing, people won’t mind. Especially if you are an NRI. The typical NRI process goes like this. Boy lands and is given a “shortlist” – a sheaf of CVs and photos. During the drive home, the shortlist is made shorter. The next day, “interviews” are arranged with each girl in the shorter list, typically at her house. End of the day, after sampling data from various sources, boy picks the one that he thinks will be likely to be most statistically significant in the long term.He takes her out for lunch the next day, puts a ring on her finger the following day and flies off, promising to return in a few months for the wedding. Occasionally, he claims he can’t get leave from his employers for another year and so puts off thaaLi also before he returns to vilayat. Girl can follow him later. For now she’ll follow him on Twitter (sorry, bad PJ).

Local boys don’t have it that lucky. At least, it is unlikely that they ten-time. There are two quirks of the arranged marriage market which pull in opposite directions when it comes to two-timing. On one hand is discretion. You don’t announce that you are “seeing someone” until it’s all fixed and proposal has been made and accepted. Discretion also means that you don’t want to be caught together in public. It also means that you can’t write funny things on each other’s facebook walls. And it obviously rules out PDA – in fact, all forms of DA are strongly discouraged until the contract has been signed. Heck, my cousin was putting DA during her engagement and that led to much gossip and condemnation. So no DA till marriage.

So yeah – one of the “advantages” of this discretion is that it allows you to two-time. What tugs from the other side is the time to decision. Due diligence in the whole process is outsourced, to the bankers. Typically it is finished even before the parties concerned get a chance to  explore each other – and in this, this process differs from the typical M&A process. So now that the due diligence has already been done, bankers prefer that the parties reach a decision quickly.

I don’t know how this happened, but the time to decision is fairly short. In olden days, I’m told that the due diligence was the beginning and end of the deal process. All that the parties had to do was sign. Things slowly improved – to showing photos, to being shown glimpses, to being allowed to talk for two minutes. I don’t know where things stand in terms of the general market, but I’ve been trying to insist on a proper blading process to allow enough time for tiki-taka.

Ok here is the grand unification for this post. The time to decision is a function of discretion and ability to two-time. Given the discretion that has normally been practised (i suppose this came about because societies were tightly knit and small and things would become awkward for all parties involved if each expression of interest were made public), the cost of two-timing became quite low. Thus, in order to make sure that the counterparty is not two-timing their kid, parents started demanding that decisions be made early. This cut both ways – the counterparty’s parents also wanted to make sure their kid wasn’t being two-timed. From the point of view of bankers, the short time-to-deal was an absolute win.

From the point of views of the interested parties, all it did was to increase the incentive for Common Minimum Programmes. Time allotted is generally too short to properly check out the counterparty, and you need to prioritise. You want to check for obvious mistakes. In the short time, you want to make sure that the counterparty is not an obvious misfit. Realizing that you will never have that time to figure out propely if a prospective counterparty has those “spikes”, you settle for someone who “clears the basic cutoffs”.

You thus get yourself a common minimum programme spouse.

Earlier in the series:

Arranged Scissors 1 – The Common Minimum Programme

The Enhanced DTPH Theory

Dil To Pagal Hai (DTPH) was a nice movie. I really enjoyed it when I first saw it some eleven years ago. The only problem was the message it imprinted on my 15-year-old mind: someone, somewhere is made for you. It ended up completely messing me up for the next 3-4 years.  I took it at face value. Every time I met a new girl, I would start asking the question “is she the someone, somewhere who is made for me?”. I would be lucky if the answer was an immediate no.

As I had explained in a blog post almost three years ago, these kind of questions never give “yes” as an answer. They either say “no” or they say “maybe”. And the maybes are a problem, since a few years down the line they might be converted to a “no”. They will never turn into a “yes”, mind you, and if you are forced to make a decision, you’ll have to make do with the number of occurrences of maybe and the confidence bounds that it produces. So the maybes were a problem for me 10 years ago. I didn’t know how to handle them. And in the one case where the answer consistently came out to be “maybe” (even when i ask the question now, it comes out to be “maybe”), I royally messed up the blade. Disaster was an overstatement.

Now that the digression is done, DTPH similarly messed up thousands of young minds all over the country. It didn’t even spare the married. Everyone started asking themselves the question “is this the someone somewhere that is made for me?” I think Yash Chopra (he directed it, didn’t he?) should shoulder a large part of the blame for the spurt in suicides in the late 90s.

The theory I’m going to state now was first stated by Neha a couple of years back. Back then, I’d thought I need to blog it, since she wasn’t blogging then. She has started blogging recently, but still I think I’ll write about this. As you might have figured out from the title, I call this the Enhanced DTPH Theory. It is quite ironical that this is coming from the fairly irreligious me, since it somewhat endorses creationism. I know the inherent contradictions here, but I think I should write it anyway.

The theory states that there are several people, in several places, who are “made for you” (if you are religious) or are “inherently compatible with you” (if you are not). The key is in finding at least one of them and making things work.

I think this is easier on people’s minds. The constant quest to find “the best partner” should be laid to rest, I think, mainly because it is unlikely that you’ll find a “dominating partner” (someone who is better, in your eyes, than everyone else that you could’ve  gotten married to). Instead, what you will get is what I can call as a “dominating set” – a set of people who are collectively dominating over the rest of the population but cannot really be compared to each other.

Each person has his/her own different evaluation criteria. And based on that, each person has his/her own dominating set. And it is this dominating set that is the “several people who are made for you”. I suppose you are getting the drift. I know this is a bit confusing.

Then, you need to understand that the universe doesn’t obey the Hall’s Marriage Theorem. This is trivial to prove since the total number of men exceeds the total number of women. Actually, as a corollary to this, we can establish that the original DTPH theory is false, unless of course it assumes that the population of gays is significantly higher than the population of lesbians, or if it takes into account animal sex.

Some hand-waving here, but my next hypothesis is that Hall’s Theorem doesn’t hold for local smaller populations also. I’ll probably try give an explanation of this in a subsequent post (else there would be no reason for women to remain single).

Tailpiece: The cost of not marrying the “right person” is significantly lower than the cost of marrying the wrong person.

PS: I also acknowledge Baada’s contribution to the development of this theory.

Of Pepsi and Perk

Can be best described by looking at the “objects” that defined our bets at different points in time. Most of those  phases seem to have faded away, but I clearly remember two of them – the Pepsi phase and the Perk phase.

The Pepsi era started with their “nothing official about it” campaign during the 1996 World Cup. It was a brilliant campaign, and had all of us 13yearolds hooked. This became our excuse for any little crimes we would commit (like i would hit someone and say “nothing official about it”). I’m not sure if we used it as an excuse for larger crimes, but I suppose we would’ve used it quite regularly as an apology.

Pepsi seemed to have done a good job of identifying itself with this slogan, as soon Pepsi too became our “weapon of choice” when it came to settling bets, and suchlike. This was the period of time when a tiny bottle of Pepsi had just become affordable by saving up on pocket money, and it was put to good use. The unofficial inter-class cricket tournament became “the pepsi cup” – the losing team was supposed to sponsor a bottle of pepsi for each member of the winning team. If my memory serves me right (it usually does), the tournament never got completed.

This phase lasted for almost all of my 9th standard, if I remember right. Maybe it was briefly replaced by other phases, but this was the defining brand of that academic year. All bets were settled with pepsi. Whenever we went out, usually to play cricket, we would refresh ourselves with pepsi. It was the time of life when people had just started courting. Budding couples would go out to have – a Pepsi.

I don’t remember the exact date, but by the time we had moved to 10th, Preity Zinta had struck. With her “thodi si pet pooja”. Perk was the thing now. Considering that a chocolate bar is a much better device for putting blade compared to aerated cola, the number of “couples” also increased. Also, in 10th standard, the number of people going for tuitions increased, and this seemed to cause an increase in the general levels of pocket money.

There were people in my class who would stay in class for lunch break (when everyone else went out to the field) because knew they knew that raiding a certain classmate’s bag would yield them a rich haul of perks (the guy was simultaneously blading some four females, so his stocks always remained high). Then, unlike pepsi, perk could be consumed discreetly. Copious quantities of it were consumed while sitting in class (i used to sit in the first bench so that I could have unhindered view to a certain junior classroom, but  that didn’t stop me from eating perk in class).

I remember that on a certain day in August that year, the shop near the school ran out of Perk stocks. It was the day after rakshabandhan, and given the quantity of unsolicited blade that was happening then, the number of rakhis tied had seen a sudden increase. And that had to be reciprocated – with Perk of course. Some rakhis weren’t acknowledged, which meant that this was probably the only day in more than a month when certain people DIDN’T give Perks to certain other people.

The first four of my five “pursuits” were low-cost (three of those were in school; and even the fourth was before I had drawn my first salary, so you can’t blame me). All four of them put together, I don’t think I spent more than a hundred rupees on blade. This included ten rupees that I had spent on a perk for #1. She had dodged me all day, and by the time I gave it to her at the end of the day, it had melted in my pocket.

I think I should incorporate this scene in one of the movies I’m going to make. Boy chases girl all day, trying to give her a Perk. She skilfully dodges him all day, and evades his offer of Perk. And each time she evades him, he is shown putting the perk back in his pocket. Finally at the end of the day, they meet. It’s time to go – in the distance you can see her father on the bike, waiting to pick her up. And he gives her the perk. She opens it. The perk has melted. And then her heart melts. Ok I must stop now.

An old delta hedge

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 BASE, the best JEE factory in Bangalore. I was having a hard time since I hadn’t studied one bit in all of 11th standard when my friends had dilgently solved Irodov and other books. I had missed one whole month of prime summer holiday JEE prep thanks to the Math Olympiad Training Camp. I knew I needed to be focused. I knew I didn’t want to be distracted. However, I also knew that I would be under tremendous pressure for a year, and any means of easing a bit would be welcome.

During our monthly counselling sessions at BASE, the Director would call for us to create angst. “You need to have the fire in the belly”, he used to say. “And be able to channel it in the right direction in order to fuel your effort. Without fire in the belly, nothing can be done”

I must mention here that this was one of those unintended consequences things. I didn’t plan out this delta hedge. I realized the hedge only in hindsight. I had just followed my instinct in doing what I eventually did. Looking back 9 years down the line, I think it was a fair idea. Only, that like in everything else that I do, the implementation was horrible. Nevertheless, I think the learnings from this are going to be useful, and are going to have a net positive impact on society.

I put blade like naayi on a classmate, who is perhaps the most brilliant woman I’ve ever known. She was a good friend back then, at the point of time when I started the blading process. As you might have come to expect of me, I did a pretty horrible job. Disaster would be an understatement. It was depressing. I lost many nights of sleep to this. If I were less informed, I would’ve classified it as a blunder.

If you noticed, I had slipped in a little para where I mentioned the need for creating fire in the belly. This failed blade would fire it. This failed blading attempt would provide the angst, which I could channel in the right direction if I so wished. This failed blading attempt would make me angry, would make me upset, and would help me focus on my goals. And the sleepless nights this failed blading attempt gave me – I used them for mugging for the JEE.

I don’t know if I’ve told this particular bladee about it (I probably have), but I’ve always internally dedicated my success in the JEE to her.

However, this story was not to end happily. The delta was hedged, but the gamma would come back to bite me at a later date. The angst and the anger and the pain was fine when I needed them, but now (after I joined IIT) that I didn’t, it led to NED. Terrible NED. This would go on to be one of the biggest causes of NED during my life at IIT. As Shah Rukh Khan says in Baazigar, “kuch khaane ke liye kuch pona bhi paDta hai”.