Wednesday, June 3, 2020

my Act of Faith


Recently my grandmother died. She was above 90 and it was her time. She relieved me of my monthly bill payments that I used to incur due to her 24 x 7 attendants. Many a time I thought it was a burden.

I restored her old, almost damaged photograph. I hope she forgives me for thinking non-sense.

Old one ..

P1020654

Restored ...

thammi02

Now, some history.

See this video how the films of one of the finest mind Dr. Satyajit Ray, was restored by the Academy. It was a painstaking effort by many people for several years.




Modern Bengalis must be ashamed of themselves who debate on whether movie is an art or business but are never able to produce a movie enjoyed by all corners of the world and across different sections of the society.



Thursday, May 21, 2020

Architecture - art of balancing ?

Better to invest time in architecture rather than fine arts. This seems to be a better use of time and resources than producing the next Van Gogh.


Wednesday, May 20, 2020

Money out of thin air ...

Do not try at home

Few days back, I enquired my former colleague about the ways one can fill up a digital wallet. According to him, the source of money can be anything, such as, a credit card. 

The card companies usually put a high interest if cash is withdrawn and usually offer a interest rebate for real goods and services. In other ways, if you repay within the interest free period, then you only need to pay the actuals. 

Digital wallets on the other hand charge a fee for the reverse action i.e. when one pushes money back to the bank account. Let us assume, that all inbound and outbound transaction fees comes around 5% of the total cash.

If one is a good trader in the stock market and can make more than 5% in the rebate period, then he would have created wealth out of thin air. 

I hope such holes are plugged in the popular digital wallets. 

Tuesday, May 19, 2020

Automatic transmission - end of rationality

Automatic transmission have gained popularity over the years. The fuel efficiency is (probably) poor in automatic transmissions and it creates so much comfort in the driving experience that it results in fatal accidents.

You may call me old-school but I think its the end of rational thinking !!

More the sophistication, more the odds of failure. Imagine the cost of ownership for such fancy cars.

Monday, May 18, 2020

Abnormally high P/E

Suspect companies with abnormally high P/E. It is best to stay away from such companies.

All it requires is a cabal with a PSU. Ask the PSU to buy at high prices each day, generating a trend and inviting the idiot who studies technical analysis and invests in the stock. These moves are pumping up the price of the stock. The owner can now ask for loan and put as collateral his high priced stock. At this point, the owner buys goods from China or Malaysia and sells it to make money. At this point the PSU starts dumping the stock looting the ordinary investor. When the stock price falls below a level, the owner or the PSU may again buy it. The cycle repeats next year and the year after. 

Hence, with no interest payment, one can take a loan and generate income out of thin air (and of course China)

Saturday, May 9, 2020

Rigging in the name of lottery

There has been rampant corruption by the government authorities on allocating plots at co-operative societies. And, all it requires is a freezer.

Put the names of those who bribed in a chit, or even better, in a metal ball, and put those inside the freezer.

Along with some random choices, pull out the ones those are cold.

This rationale lets us to think that horse trading and lotto games should be a fair place; however a steroid injection can make a horse run faster or a dog fight stronger. Every single game of strategy can be rigged with insiders in the bet. 

It is easy to rig people; difficult to rig and dig planet Earth. That is why my renewed interest to work in offshore oil rigs.

Day 6: Vommiting creativity and higher math


কার যে ছায়া মারলো উঁকি
চোখের ভুল না মনের ফাকি
ধাপ্পা দিচ্ছে শাকচুন্নি
দত্তি বলে টুকি ...