Wednesday, August 29, 2012

Too much information...



One of my colleagues spoke recently about the long tail of information. How capabilities around self-service and the general ability to tap into data sources and content on-demand, that was hitherto notoriously inaccessible, is driving enterprise and business agility.

Believe me, this is a good thing. I’ve always been a proponent of methodical research and careful examination of the results before decision making. Knowledge, we’ve been told is power. The trouble is we sometimes obsess over information – reducing the clarity of the thought process and in the process considerably degrading the quality of the decision. So in my case what could’ve been a simple act of popping over to Curry’s to buy a new router, turned into a quest around models (router models, that is), adsl vs cable+modem, power consumption, historic price, gigabit connectivity, wireless attenuation, moddability, and of course yet-to-be-released models. The result of all this is that although I may qualify to work at my local Curry’s showroom, my internet connection still drops every few days. I digress.

Uncertainty is a way of life. We are always on that pursuit to reduce ambiguity and uncertainty. Sometime information can help reduce the uncertainty and help guide the decision. All the information I’ve researched for my router, has given me insight – but whether it influences my choice is another.

As everyday decision makers we chase after information to help us resolve uncertainty. What we need to ask ourselves is, just because we now have a long tail of information, does it mean we need to pursue all that information? How do we understand what is relevant, at the same time differentiate what is interesting, but may bear no influence on our decision making?

Tuesday, July 14, 2009

I'm moving :)

Hey I've my own space now! dpk.me So going to be scribbling there soon. :)

Sunday, May 24, 2009

Too much of social networking!

[Had this scribbled quite (and I mean quite) a while back. Safely kept as a draft. On second reading I'd flame myself , so don't fret.]

"Marta has just sent me a message." And I've no clue who the lady is! This is just another of my failures at trying to keep in touch with reality. With your typical 9-8 work time, when do you get time to find out what everyone's upto? Oh yea add to that the 'onsite' folks who wake up when you're about to hit the sack. Voice is simply not cool any more, it has to be a scrap or a post at least a tweet!

Anyway Facebook, orkut, Twitter, WAYN, LinkedIn where does it stop? Honestly I wouldn't even realise if a friend suddenly decided that I wasn't 'friend enough' and drops right off my list! Do I need to accept every request that comes through my spam filter? Do I really need to add as a 'friend' anyone I've studied or worked with? Do I need to reciprocate when someone becomes a 'fan' or someone writes a testimonial? More than half the people I would never (or they would ever!) even message more than once! And why oh why do you want to know what you're doing now?

My social network has become more of an address book. Some of you may give me that weird look now, but spare a moment and reflect.
.
.
.
Done? In the end aren't we all hypocrites? I'll still go ahead and add that friend I met only once at the grocers. Never know when I'll need a favour... (ok may not be the best example, but you get the (evil) idea. We all need social acceptance. I do, don't you?)

Tuesday, March 24, 2009

Social CRM - Reward model for the leechers?

There is a really interesting article by Gartner on harnessing social CRM. In a nutshell talks about 4 not-to-miss steps in any social CRM initiative.

One of them made me smile. The third point: 3. Understand and reward different kinds of participation. (Btw please jump off to Gartner and read the article just as soon as you're done with mine ;)
Companies need to recognise and provide social applications for all levels of participants that can be categorised as: the creators (“I want to own this”), the contributors (“I want to be part of this”), the opportunists (“Since I’m here…”) and the lurkers (“I’ll reap the rewards”).
Whether it was that mammoth skin or the promotion, pampering egos is a time old tradition to get things (read this). Most social 'tools' I've seen promote "the creator" and the contributor, forums that allow you to see content only after registering, websites that allow commenting only after you've registered. I can see that there are obvious reasons for doing this. But (think about this) in most cases it's either involuntary (un-customised website code) or poor planning (need to show more users. People would've just wanted to solve a problem but can't post because his post count it too low.)

You'll no doubt realise that the lurker and the opportunist certainly can contribute (if not consistently, because, trust me, you've been one yourself at somepoint). Newspaper sites do this by requiring you to put in a mail id. Without rambling too much (I'm famished!) just wanted to highlight that companies implementing such initiatives need to have provide incentives to lock in lurkers. Case in point: I used to frequent xda-developers for ages but only recently signed up.

[Update: Bingo! (inflated ego) Just what I was looking for. Story of how a button brought in $300,000,000.

The $300,000,000 Fix

The designers fixed the problem simply. They took away the Register button. In its place, they put a Continue button with a simple message: "You do not need to create an account to make purchases on our site. Simply click Continue to proceed to checkout. To make your future purchases even faster, you can create an account during checkout."

The results: The number of customers purchasing went up by 45%. The extra purchases resulted in an extra $15 million the first month. For the first year, the site saw an additional $300,000,000.

Read more here.]

Does any of this make sense? [Update: Yes! Bigger ego. Yet just as humble :p]

Sunday, February 22, 2009

Leveraging multimedia to reach out

[Update: This post does seem ironic in retrospect!]

I wanted to scribble a few lines on Social CRM. My research begins at alter of the almighty Wikipedia. Here’s my search for Social CRM. What? No page exists?! Let’s try CRM 2.0, shall we? Nada. But Wikipedia suggests ever so thoughtfully ‘Did you mean: CMR 2.0’. Unfortunately this time around I didn’t.

Strategy #2: YouTube. Much better! I got 63 results. Interesting and relevant too.

Now this post is not about how I seized the opportunity and created and a wiki page and neither is it a conspiracy to bash Wikipedia. Rather it’s about the growing trend to ‘multimediaize’, if I may use the term. Inevitable I’d say: Encyclopaedia Britannica vs. Animal Planet? For that matter books vs. TV? Let’s extend that one more time TV vs. Internet? Bandwidth prices are tumbling and the ‘other’ screen is catching up too - most newer handsets are capable of streaming YouTube or iPlayer. Podcasts anyone?

And in the enterprise space, companies should start taking notice: in the 3-4 minute time a visitor (a potential customer maybe?) is searching for information it’s a no brainer that you need (not) throw 10 pages! There are however obvious reasons to keep text, but I believe companies are still not leveraging multimedia. YouTube, Dailymotion or even your own website, but please start using multimedia to reach out (Product Offerings, Case Studies etc etc). Reaching out increases mind share increases knowledge increases consumption.

Case in point: Paul Greenberg & Brent Leary’s CRM Playaz discussion actually became Paul’s top rated post. It’s an audio with supporting text. Though I have to admit content still drives a fair amount of (listeners) readers.

Honestly if the Vatican has started taking notice of YouTube, then so should enterprises.

Thursday, February 12, 2009

On Technology for startups. Idea vs tech!

Last night a friend messaged over IM that Microsoft had selected him for some entrepreneurship sponsorship. He wanted my thoughts on a lot of freebies that came with the package. Excited as hell I replied 'ok. kinda busy tho'. Don't want him to know how excited we are, do we? :)

So I headed over to the page... Microsoft Startup Zone.

He was shouting 'its free man! all you need to do is pay $100 at the end of 3 years'. Eh? No free lunch. The 'What do I get?' page has the following:

  • All the software included in the Microsoft® Visual Studio® Team System Team Suite (VSTS) with MSDN® Premium subscription
  • Expression® Studio Version 2
  • VSTS Team Foundation Server (standard edition)
  • Production use rights to host a “software as a service” solution (developed during participation in the BizSpark Program, on any platform) over the Internet, with regard to the lastest versions of Microsoft products including:
    • Microsoft Windows Server® (all editions up to and including Enterprise)
    • Microsoft SQL Server® (all editions)
    • Microsoft Office SharePoint® Portal Server
    • Microsoft System Center
    • Microsoft BizTalk® Server
    • Microsoft Dynamics® CRM (coming soon)
  • In addition to the core program offering, BizSpark startups will be eligible for other Microsoft offerings, such as:
    • Microsoft Azure Services Platform
Not bad I thought... as a marketing plan of course. They pull you into their sofwares for free till you build up a considerable switching cost! Smart.
(But Azure would be fun to try out though.)

Anyway what got me thinking was not Microsoft. Rather this: he's got a business idea quite faraway from IT services. Nevertheless IT can help. Why would you need such a suite?

His explanantion 'I need to develop websites and I need a CRM system'. I can't disagree more, I believe that the Relationshiop should come before the Management part.

Bottom line: Build customer relationships, then see what technology can be useful. Don't retro fit your business idea into technology. Technology is dumb and will not get you money. Ideas will.

Sunday, January 11, 2009

SOA is dead. Services or the architecture? Or the enterprise?

And we're back after a lazzy month of solitude and peace (not to mention the extra kgs!).

Stumbled on this read SOA is dead. Long live the services. Anne writes that as on 1st Jan, SOA is officially dead. SOA is more to do with enterprises. Hmm haven't heard any biggies comment about any their future roadmap either. Well of course enterprises aren't dead. Or are they? lol. Interesting times indeed.

Pause for a second. But don't we still need all the efficiencies and benefits of SOA - reduced costs? Absolutely and I wasn't surprised to see that she's written (as expected) that it's all a farce. Tomaeto tomaaato. Whatever SAO meant would manifest itself in many forms as part of SaaS, mashups etc etc.

The world was getting too small for so many acronyms anyway. Lets get the next baby to the sacrificial table. Green IT anyone?

Thursday, December 18, 2008

Reduced mobile sales in 2009

Reuters has recently put out a note that sale of mobile devices would be reduced in 2009. I see it that the market would still grow, but with reduced momentum. In fact Nokia had a press release warning investors to expect reduced growth for the company. And it has nothing to do with all the job cuts, nothing whatsoever.

Motorola is one of the worst hit (for quite a while too!) and the India head honchos have already started looking for greener pastures (especially in the booming construction market :) .

The Reuters poll (yea the note from the poll) states that the customer spending is reducing. On average, the poll of 36 analysts shows global market volumes shrinking 6.6 percent next year and 5.7 percent in the fourth quarter -- traditionally the strongest period for the industry due to holiday sales. Read more about it here.

Quick update: Gartner has also said the same thing apparently. Their reasons? Stockpiling of unwanted phones, people not getting what they want! Totally agree.

Tuesday, December 16, 2008

When is metadata too much metadata? (aka why I left delicious)

Lazy Tuesday morning; just read a post on the Value of Social Metadata on the Oracle Social CRM blog. Interesting read, but it's made me put to paper (no jokes please) a thought... when is data enough?

Quoting Marta from the blog:
For example, I can tag a presentation that is relevant to me and choose the tags I believe best describe that presentation. The keywords I choose help organize and categorize the content in a way that’s meaningful to me.
This brings two thoughts to mind. Firstly if everybody starts deciding what is 'relevant for them' imagine how messy the world will get (not that it isn't!). Lets pick an example. How would I categorise Friends, the sitcom that is, oh wait the tv show, no no the serial, rubbish its all of this. You see where I'm going? There would be a dozen words to describe content depending on who you ask. And I'm not even going remotely how to categorise music!

Secondly, on the social front what you categorise would not be just for you - it'll be for everyone out there. So when you categorise do you think of all the possibilities? We might end up categorising the categories!

I love the concept of sharing information, but it certainly is getting overwhelming and the SEO jobs has never been so popular. Take the social bookmarking site Delicious . I gave up on the concept of me contributing quite a while back. The reason, it'll throw me 10 similar categories to post a link under, not forgetting the option tocreate my own. What happens if I've a typo? Hmm maybe someone's already bookmarked it.

With the myriad sources to source and funnel information, how do you decide what's relevant? Metadata or metacrap? The Semantic web? The more I think about it, I think not. Anyway thats for another rainy day.

Tuesday, December 09, 2008

Nokia goes the Linux way with Maemo - Cool specs, but another OS?!

It's now official folks - Symbian and the S60 platform are soon to be defunct. (I may be reading too much into this; but if not today, tomorrow for sure.)

Nokia has just announced the Maemo 5 SDK. Slated for the Nokia Internet Tablets the OS is 100% opensource (well so was Android till they circulated newer SDKs to the elite. Disclosed later, but that's another story) and will feature a revamped UI called 'Midas'.

Some of the new features include (although I don't quite get the data connectivity part, WiFi?):
  • OMAP3 support.
  • Cellular data connectivity.
  • High definition camera support.
  • hardware-based graphics acceleration.
Nokia warns that the release is pre-alpha (that's a new one. pre-beta = alpha? So pre-alpha = zeta :) and is not at all suitable for development. More of a heads-up fashionable entrance. Impressive specs, yes you've got our attention. I forgot the best part... it's Linux!

I was curious to find if Android had moved into Nokia territory and came across this. Check out the video of Andriod on an N810 Internet Tablet. Also came across this interesting quote by Ukko Lappalainen, Vice President of Nokia's markets units “In the longer perspective, Linux will become a serious alternative for our high-end phones,” I can't agree more, but wait “I don’t see anything in Android which would make it better than Linux maemo.” What I see here is bruised ego than anything!

Geek talk: Since Maemo 5 SDK is not backward compatible, implementation on the N810 would not have been possible anyway.

Quite certain there would be very stong drivers for Linux in the future, however I'm seeing it restricted to the consumer electronics, small devices space - where there is a lesser chance for the user to muck up. In many ways Nokia is the Microsoft and Dell duo, if they pull their weights in the Maemo direction, there would be alliances being formed.

With the Linux synergy and being 100% opensource I certainly hope the Meamo and Android application are compatible. As long my system is stable all I want is functionality and not operating systems.

We certianly are living in interesting times...

HTC Diamond Backlight Problem - Good things come in small packages (maybe 'slightly' damaged)

Just when I thought I'll gift myself the perfect phone for Christmas! Came across this write up on Gizmodo.

Apparently one of the hottest phones out there (and it has nothing to do with running WM!) seems to have a serious problem. Serious as it gets... after a few minutes of operation, the backlight becomes dim... wait for it... permanently! Before you ask, no it's not a Microsoft bug.

I am at a loss now. For quite sometime now, I've been after the elusive 'smart'phone. First it was the Touch, then the Cruise, then the Tytn II, then the Diamond. The G1 design is downright ugly and the iPhone... well lets just leave it at that. And the Storm? That's a laugh!

All I ever wanted was a decent WM phone - sleek, eyecandy, mail, games and yes make calls. Is that too much to ask? I mean with all these years of experience, somebody ought to get it right. And I thought the Diamond was the one for me (dramatic pause).

That said, I'm still on the prowl for a good deal on the Touch HD. At £500 way over my budget. Boxing day perhaps. The Max 4G is droolalicious but WiMAX is not something I'd surfing on any time soon. (And does it run on a battery or do you need to buy the generator:p ) Guess I'll wait for 2009...

All this proves: too much research will leave you heart broken, frustrated, jealous craving for the next best thing out there. And I'm talking about the phone here...

Update: As on 10:53 pm 9 Dec I'm the 'proud' owner of an XDA Ignito... impulsive buy! No comments please.

Saturday, December 06, 2008

nslookup works, ping doesn't on Linux - Missing routing entry!

This one drove me nuts (for 2 hours!!) Here's my problem: I can't ping outside the LAN, but nslookup works!
Since my Linux skills are rusty enough to give anyone passing remotely close tetanus, I did what what anyone would... google. And here we go (drum roll please) with the awesome support Linux enjoys, I hit 78,200 results. To my surprise was lots of talk and no solutions. Closed that tab. Open the rusty swiss army tools

1. cat /etc/resolv.conf -> check! Silly me! How else would nslookup work? :p
2. ifconfig -> here's what i got (click to enlarge)
(Confession time: I'm working on my FSG.)
So I've eth0, eth1 and mwl0. But the last two are mapped and I'd have only eth0 and eth1

3. Next step route
(and waste 30 mins chatting, 170g Pringles, 300ml lemonade)

Finally figured there's no default routing for eth0
A quick route add default gw 192.168.1.1 eth0
192.168.1.1 is my router's IP. My gateway that is.)
And presto...
Ping!

I'm afraid this post is more from elation than providing a solution. But the troubleshooting essentially should be:
  • Checking connectivity
  • Checking routing
My summary and learning from this whole affair:
1. Linux may be popular, but finding a solution is a pain
2. Google and the Internet is a must must! Had I been in India, I'd certainly have trouble
3. Pringles is addictive. You cannot stop.
4. Finally an MBA will not necessarily turn your brain off and your tongue on. Go figure!

Amazon.com introduces iPhone Photo Matching App

I'm sure everyone would've had the moment 'Oh boy I got to buy me one of those' only forget it an hour later and move on. Enter Mr Bezos with the Amazon.com app for the iPhone.

Well what does it do?
  1. Lets you buy stuff from your phone (how interesting!)
  2. Lets you take a snap that's uploaded to your Amazon.com account (hmmm. Tell me more)
  3. Lets you take a snap and searches for that item online (eh? Really?)

On anohter note I remember reading about an app that scans barcodes and does price comparisons, for Android however. Was for the Android app contest I think.

Amazon Remembers is a really cool feature, but wait its no artificial intelligence (oh absolutely. Technology has advanced, semantic web here we come!) there's a team Mechanical Turk program that does this visual comparison and matching.

My thoughts
  • When is the 'matching' going to be outsourced? :)
  • Can I just walk into a shop take a pic and buy it cheaper online? Dear shopkeeper, will you ban pictures (dare ?I say it iPhones!) in your shop? What the iPhone camera sucks, you say? I hear you!
  • Since nothing good ever happens after 2 am (sorry too much TV shows lately), and I've got my 1-click shopping turned on, how fast can I blow my balance? Every click might turn out to be a purchase!
  • Err.. if its just a picture matching, why did it take so long? We scared of Windows Mobile or Java?
  • Matrimony site, can you find me a girl with similar proportions (or this one, if not spoken for)? (alright, not quite the example. I understand.)

Well good thing the iPhone's damn expensive in India, and boy is the mobile internet fast!

Wednesday, December 03, 2008

Mumbai Blasts - A Petition

This one came as a forward. People have always asked me why I'm always cribbing about my country. Mr Prakash Bajaj in his letter has expressed very coherently the 101 emotions I'm also going through.

Maybe I chose to turn a blind eye, maybe I'm scared, maybe I don't know what I'm feeling! What's your stand? Can we do anything?

Dear Mr. Prime minister

I am a typical mouse from Mumbai. In the local train compartment which has capacity of 100 persons, I travel with 500 more mouse. Mouse at least squeak but we don't even do that.

Today I heard your speech. In which you said 'NO BODY WOULD BE SPARED'. I would like to remind you that fourteen years has passed since serial bomb blast in Mumbai took place. Dawood was the main conspirator. Till today he is not caught. All our bolywood actors, our builders, our Gutka king meets him but your Government can not catch him. Reason is simple; all your ministers are hand in glove with him. If any attempt is made to catch him everybody will be exposed. Your statement 'NOBODY WOULD BE SPARED' is nothing but a cruel joke on this unfortunate people of

India.

Enough is enough. As such after seeing terrorist attack carried out by about a dozen young boys I realize that if same thing continues days are not away when terrorist will attack by air, destroy our nuclear reactor and there will be one more Hiroshima.

We the people are left with only one mantra. Womb to Bomb to Tomb. You promised Mumbaikar Shanghai what you have given us is Jalianwala Baug.

Today only your home minister resigned. What took you so long to kick out this joker? Only reason was that he was loyal to Gandhi family. Loyalty to Gandhi family is more important than blood of innocent people, isn't it?

I am born and bought up in Mumbai for last fifty eight years. Believe me corruption in Maharashtra is worse than that in Bihar. Look at all the politician, Sharad Pawar, Chagan Bhujbal, Narayan Rane, Bal Thackray, Gopinath Munde, Raj Thackray, Vilasrao Deshmukh all are rolling in money.

Vilasrao Deshmukh is one of the worst Chief minister I have seen. His only business is to increase the FSI every other day, make money and send it to Delhi so Congress can fight next election. Now the clown has found new way and will increase FSI for fisherman so they can build concrete house right on sea shore. Next time terrorist can comfortably live in those house, enjoy the beauty of sea and then attack the Mumbai at their will.

Recently I had to purchase house in Mumbai. I met about two dozen builders. Everybody wanted about 30% in black. A common person like me knows this and with all your intelligent agency & CBI you and your finance minister are not aware of it. Where all the black money goes? To the underworld isn't it? Our politicians take help of these goondas to vacate people by force. I myself was victim of it. If you have time please come to me, I will tell you everything.

If this has been land of fools, idiots then I would not have ever cared to write you this letter. Just see the tragedy, on one side we are reaching moon, people are so intelligent and on other side you politician has converted nectar into deadly poison. I am everything Hindu,

Muslim, Christian, Schedule caste, OBC, Muslim OBC, Christian Schedule caste, Creamy

Schedule caste only what I am not is INDIAN. You politician have raped every part of mother India by your policy of divide and rule.

Take example of former president Abdul Kalam. Such an intelligent person, such a fine human being. You politician didn't even spare him. Your party along with opposition joined the hands, because politician feels they are supreme and there is no place for good person.

Dear Mr Prime minister you are one of the most intelligent person, most learned person. Just wake up, be a real SARDAR. First and foremost expose all selfish politician. Ask Swiss bank to give name of all Indian account holder. Give reins of CBI to independent agency. Let them find wolf among us. There will be political upheaval but that will better than dance of death which we are witnessing every day. Just give us ambient where we can work honestly and without fear. Let there be rule of law. Everything else will be taken care of.

Choice is yours Mr. Prime Minister. Do you want to be led by one person or you want to lead the nation of 100 Crore people?

Prakash B. Bajaj

Chandralok 'A" Wing, Flat No 104
97 Nepean Sea Road
Mumbai 400 036
Phone 98210-71194


Tuesday, December 02, 2008

Linux on the iPhone!

Extra extra! Read all about it! Came across wonderful news on ZDNet:

Hackers (ok lets call them enthusiasts) have successfully managed to boot Linux on the iPhone.


There has always been this tussle between the Cupertino geeks and iPhone Dev Team. They make it, these guys make it better. They remake it these guys reremake it better. (I like humour. I tried. I failed. You get the idea.) Head over the the blog for the download with instructions.

Still far from complete, they basic OS runs. Kudos guys!

Drivers are to be ported, including the ones for the touchscreen. Oh yea the iPhone is completely touchscreen usage :) Check out the video posted here.

Pause for thought. What happens now?
* Android to be ported? (certainly hope so)
* Apple to relase patch? (big Yes!)
* Microsoft to lose ground? (small yes. Remember SE statement about future Xpreria having a dfifferent OS? But it aint over till Balmer comes out with a WM version complete with all the iPhone, Android bells and whisltles.)
* Blackberry: why oh why can't you move to opensource :|

I've already started making my switch to Linux. That's
1. Ubuntu
2. Moto ROKR E1 (must keep away evil thoughts about Touch HD)
3. Freecom Storage Gateway (whohooo! I luv this family member)

What do you think? Any funny ads: I'm a Windows Mobile. I'm an Android. ??

Tuesday, November 11, 2008

Circuit City to be a lost city

Chapter 11 in the dreaded book for Circuit City. The no. 2 electronics retailer in US filed for bankruptcy on Monday. That's Fortune 499 for the moment then.

Of the 566 stores operating 155 are planned to be closed. Quoting from the CNN website, CC has said that they would "We remain committed to doing a better job of taking care of our guests, and making it easier to shop at Circuit City." So they would still be in the business temporarily. Translation: bigger better bargains in the coming few months. But i guess that is moot: will the people have enough money to buy that 53" HDTV?

Bob Dylan for the soul:
Come gather 'round people
Wherever you roam
And admit that the waters
Around you have grown
And accept it that soon
You'll be drenched to the bone
If your time to you
Is worth savin'
Then you better start swimmin'
Or you'll sink like a stone
For the times they are a-changin'

ps: Somehow I feel the worst is yet to come :|

Blu-spec - Sony's new CD format (Floptastic!)

Aren't CDs dead? To be honest in the last 2 years the only time I used a CD was a month back to install drivers for my FSG (oh yea the Ubuntu installation last week too). I hear you say DVDs, well that's another story.

Still remember during engineering Biju had come over with a spindle of 25 blank CDs for burning MP3s :)

*Note to self: Must stop digressing*

Sony has plans to launch a new CD format - Blu-spec CD. People are still mourning over Blu-ray. Why won't Sony give it a break? Apparanetly they have perfected the art of the 'Blue laser' and wants to bring out audio CDs. Not much information is available at the moment, but the company says it will have over 50 titles ready by Christmas eve, in Japan that is.
The new way of creating CDs apparently would be extremely close to the master plate. Sure we'll have audiophiles queuing. Remember MiniDisc anyone?

My two questions to Sony:
1. What DRM plans? Now, now, you can't have anyone and everyone making copies, can you? ;)
2. Why go to such extreme length to create the "perfect" CD when my ears (pardon me, but yours too) won't distinguish any of this!

Another monumental flop for Sony I'm predicting. Bring back Blu-ray, change the pricing model, but please refrain from confusing the all too confused folks.

Friday, October 10, 2008

Financial crisis moving to Asian shores??

Today's FT has a writeup called "Japanese insurer Yamato Life collapses"

Yamato is a medium sized insurance company has filed for bankruptcy with debts of over $2bn! FT writes
"Yamato Life failed largely because of its problematic investments in securitisation products"
Well now we know US been very gracious not just in helping Asian countries with its dollars but also with its subprime risks. Not just the Japan, there were rumours and even speculation that the ICICI bank of would also buckle under. All dismissed as rumours of course by the Bank.

For a while, with the bullish run, the peanuts that I earn was invested 'strong' stocks; I even diversified and kept a little in mutual funds. Both tumbled, fell, went, vanished. Can I leave leave them in the bank? Or do I need to stash them under my pillow? Sooner than later I believe the government in India would also guarantee the investments. Fingers crossed.

Last thought: if there is no where to 'invest' why don't we just spend? Or are we concerned with saving up all for a rainy day?

Save the cheerleader, save the world :)

Thursday, October 09, 2008

Beer is the Solution!

Who said alcoholism is bad? Here's the latest joke straight out of yesterday's ET.
The effectiveness of investing money in beer vs stocks of financial service companies in the US.
If you had purchased $1000 of AIG stock an year ago, you would have $42 left.
With Lehman, you would have $6.60 left.
With Fannie or Freddie less than $5 left.
But if you had purchased $1000 worth of beer an year ago, drank all of it, then turned in the cans for the aluminium recycling refund, you would have had $214.
Who would've guessed! Well Homer (the Simpson of course) knew it all along ;)So cheers to Homer. Hic!

Tuesday, October 07, 2008

Mail Goggles: Google Mamma Watching

This is a brilliant one! I'll quote directly from the Gmail Blog
"Sometimes I send messages I shouldn't send. Like the time I told that girl I had a crush on her over text message. Or the time I sent that late night email to my ex-girlfriend that we should get back together. Gmail can't always prevent you from sending messages you might later regret, but today we're launching a new Labs feature I wrote called Mail Goggles which may help." Check out the Blog here.
How it works is by asking you a few arithmetic questions. See the screenshot below.


The default setting is to activate Mail Goggles on weekends and that too late night. Quite imaginative. And I'm pleasantly surprised such a simple idea has been taken up by and put into an application millions of people use!

Can't deny that I haven't had the urge to send out quite a few email under the influence of herbal products. What next Google? Decide when the best time would be to send the email? Gimmie a break! Link to my earlier post: Technology & Me