Thank you for stopping by! I began blogging as a hobby 15 years ago, driven by my fascination with the rapid pace of technological innovation. Over the course of my career, I’ve worked across various technology domains, with a particular interest in Digital and Cloud Transformation as well as Indian regional politics. Recently, I’ve started curating and sharing useful links and insights on these topics. I hope you find them informative and enjoyable. Happy reading!
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Tuesday, January 29, 2008
And BCCI had the final laugh...
Monday, January 21, 2008
Stock Market Crash...
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A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.
Stock market crashes are social phenomena where external economic events combine with crowd behaviour and psychology in a positive feedback loop where selling by some market participants drives more market participants to sell. Generally speaking, crashes usually occur under the following conditions: a prolonged period of rising stock prices and excessive economic optimism, a market where P/E ratios exceed long-term averages, and extensive use of margin debt and leverage by market participants.
There is no numerically-specific definition of a crash but the term commonly applies to steep double-digit percentage losses in a stock market index over a period of several days. Crashes are often distinguished from bear markets by panic selling and abrupt, dramatic price declines. Bear markets are periods of declining stock market prices that are measured in months or years. While crashes are often associated with bear markets, they do not necessarily go hand in hand. The crash of 1987 for example did not lead to a bear market. Likewise, the Japanese Nikkei bear market of the 1990s occurred over several years without any notable crashes.
Mathematical theory of stock market crashes
The mathematical characterisation of stock market movements has been a subject of intense interest. The conventional assumption that stock markets behave according to a random Gaussian or normal distribution is incorrect. Large movements in prices (i.e. crashes) are much more common than would be predicted in a normal distribution. Research at the Massachusetts Institute of Technology shows that there is evidence that the frequency of stock market crashes follow an inverse cubic power law.[6] This and other studies suggest that stock market crashes are a sign of self-organized criticality in financial markets. In 1963, Benoît Mandelbrot proposed that instead of following a strict random walk, stock price variations executed a Lévy flight.[7] A Lévy flight is a random walk which is occasionally disrupted by large movements. In 1995, Rosario Mantegna and Gene Stanley analyzed a million records of the S&P 500 market index, calculating the returns over a five year period.[8] Their conclusion was that stock market returns are more volatile than a Gaussian distribution but less volatile than a Lévy flight.
Researchers continue to study this theory, particularly using computer simulation of crowd behaviour, and the applicability of models to reproduce crash-like phenomena....
Wednesday, January 16, 2008
Nostalgic Ads...
Washing powder Nirma, washing powder NirmaDudh si safedi, Nirma se aaye Rangeen kapda bhi khil khil jayeSabki pasand Nirma Washing powder nirmaanirmaa
If you have been hearing this for the past 25 years, there has to be something special attached। Maybe it is the fact that the brand name is derived from
Nirupama, the company owner’s daughter who died in a car accident but whose image has become iconic with the brand.
Karen Lunel - The Liril GirlLa la la la la la la la laa la laa।
Quite simple isn’t it. When Alyque Padamsee decided to shoot an ad for Liril with a relatively unknown model, Karen Lunel who was wearing a lime green bikini in the icy cold waterfalls near the Guna caves in Kodaikanal, not even the folks at HLL would have thought it would become such a phenomenon. Not only did it capture the imagination of an ultra-conservative Indian society, it also multiplied Liril’s sales figures. So much so that McCann Erickson, the agency who was handed over the Liril account recently from Lowe India (formerly Lintas) who has held it for the last 30 years will have the ominous task of creating a new vigour in the brand. Karen Lunel worked as an airhostess for Air India (apparently she was on duty in the flight when Rajiv Gandhi celebrated his birthday on his way back from USSR in 1988) and later became a DJ for Times FM. She is married to Tibetan Tashi Hishey and has a 18-year old son, Scott.
Salma Sultan’s famous rose brightened up her otherwise cold renditions of the government press releases praising their own achievements. Set to retire in 1984, legend is that she was granted an extension after shedding a tear while reading the news about the Prime minister Indira Gandhi’s death.
Having got her first chance as a newsreader only because her compatriot Gopal Kaul came with a completely shaven head to avoid reading the news, her long association with Doordarshan continues even today after producing serials like ‘Panchatantra’ and ‘Jalta Jawal’ for DD under her production house Lensview Pvt Ltd.
These are the days of celebrities Anthony and Bani as they say and sometimes I miss those ‘Sorry for the Interruption‘ boards. Especially during reality shows.
Lalitaji >> Surf
Courtesey : mutiny.wordpress.com
Nano is here to stay...
I always wonder if these NGOs are really against the development। The whole life they just think about protesting and not progressing। When Sunita Nairain can come in her luxury car why should not others? Why only the small Nano will create trafic problems and why can't be her car or Pachouri's CAR? Surprising।
Okay I agree with the environmentalists who are trying to the noble cause of the 'Global Warming control'। Then they should protest against the Government policies, the policy makers, the law makers and not against the one who is a visionary, who is trying to bring out the revolution. It reminds me of the old stories I read in school book। Way back in 16th century when Gallilio galieli put forward the concept around earth's motion, there was a huge outcry. i don't exactly rememebr. but I more of less think the same here. Not only he, there were so many revolutionary, visionaries who faced the wrath of the society. But still nobdoy could stop them.
I guess Nano is a paradigm shift. No body would have imagined a lower middle class, middle class having a car. It was just assumed as a rich man's area. Now even an autoriksha driver can think of Nano. Who knows tomorrow you and may be using Nano as our cabbi. See below how a Nano can change the society. Little bit of exageration, but worth have a look....
Quick Summary of the book 'How to Become a Rainmaker: The Rules for Getting and Keeping Customers and Clients" by Jeffrey J. Fox'
It is is a bestselling guide that offers straightforward, practical advice on how to excel in sales and business development. A "Rainm...
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Till recently I used to feel very proud of my profession. I used to consider myself one among the lucky fews. But for past 1 week (since Pra...
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The exceprts are from the mailer sent by one of the GMs. Nice one. Target audience is the PMs facing customer and senior, middle management....
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I don’t need to drag here to set the context for my opening of the blog. We have the memories of the Tsunami still fresh in our minds, which...