2008-01-06

ESH & TZP

(1) Current Market Price of a stock includes all information that is relevant to the stock; nothing more can be known to our advantage, says Efficient Market Hypothesis.

Efficient Salary Hypothesis says that the salary (rather CTC) offered to a candidate has all the information. It says everything about the type, quality, size, etc of the job. No point complaining that the salary the other guy got is good, but job description is not so; or the salary I am getting is low but job is good, etc, etc. The higher the salary, the better the job. Period.


(2) Taare Zameen Par - What a movie! I could so much relate to Ishaan. I was punished (corporal punishment was so rampant then) by all the teachers that ever taught me. I still remember those demons, err, teachers - Emmanuel, Anasuya, Bharti, Joseph, Laxmi, Augustine....and many more. No, I do not think I was dyslexic, but I never had any interest in the schools and what was being taught there. The best rank I ever got during the entire schooling was some 13/45.

PS:
- Anasuya used to wear watch to her right hand. She always removed her watch before she started beating up someone. I was her favorite when it came to beating up.
- Emmanuel had one of the broadest fingers and roughest palms. It used to hurt badly.
- Joseph used to pinch till it bled (guess, he was the other type).
- Bharti used to bring two heads of students and knock them together.
- How about getting hit on the knuckles with the edges of a wood-made measuring scale. Or kneeling on sand for hours.

-Yes, "Maa" song made me cry.

6 comments:

Debashis said...

Hi Vijay;

Well sir,does this ESH work here? -

1. A doctor
2. A professor in a top notch insti in India (forget corpo instis)
3. A brilliant judge (In India)
4. An inspired school teacher

It's not passion rather requirement that drives the so called intelligent youngsters of the society, crazy after money and the hence salary discussions. No body seems to discuss about job profile.

And yes, you were Anasuya's fav.Is this a real name, what if she is reading the same now?

Ford Prefect said...

Welcome back Vijay ... And I agree with ESH 100% .... Debashis - your examples kinda prove the point ... they are all jobs which suck ass big time ...

As for TZP , I think its a great movie ... I just have a problem with the ending ... Would the child have been less special had he not won the competition ? I think it reinstated the thought that Its all about winning ..

Anshul said...

Vijay,

Such a nice surprise to find you here. In case my id doesnt give you a hint, this is Anshul Bansal (ISB-batch of 2006). I arranged a few of your talks when at ISB.

I heard from Mohit that you are back at banking. Makes a lot of sense since I thought you were born to be a banker. :-). Consulting is overhyped anyways.

Regarding ESH, I would love to give up my high paying job and be president of India for the rest of my life. I heard the current salary for that post is about 50K INR per month, much lower than mine.

I think like stocks, Salaries are prone to market imperfections. Also, utility of salary in a job is never 100%, unlike stock prices where the price is the only thing that matters. So, I guess for a while, you are off the mark.

TZP is superb. I loved all the songs. I have my own band these days and we compose some serious stuff. You can find us at http://musafirband.wordpress.com . I was highly inspired by the Maa song.

Anonymous said...

Vijay,

I have been reading your blog for some time now. I like your style of writing, and most of the times the content too.

Regarding the ESH...I can give numerous examples that will contradict your statement. But what I'm trying to say is "Generalizations are wrong - whether good or bad."

Regards,
Vamshi.

brocasarea said...

"She always removed her watch before she started beating up someone. I was her favorite when it came to beating up"..hmm...was surprised by ur frankness in this regard..guess life is never the same when u grow up!!!:)

lavender tulips said...

Awww bless! That's so sweet & honest of you :)
And yes, that song 'maa' made me cry my eyes out like a baby...

2008-01-06

ESH & TZP

(1) Current Market Price of a stock includes all information that is relevant to the stock; nothing more can be known to our advantage, says Efficient Market Hypothesis.

Efficient Salary Hypothesis says that the salary (rather CTC) offered to a candidate has all the information. It says everything about the type, quality, size, etc of the job. No point complaining that the salary the other guy got is good, but job description is not so; or the salary I am getting is low but job is good, etc, etc. The higher the salary, the better the job. Period.


(2) Taare Zameen Par - What a movie! I could so much relate to Ishaan. I was punished (corporal punishment was so rampant then) by all the teachers that ever taught me. I still remember those demons, err, teachers - Emmanuel, Anasuya, Bharti, Joseph, Laxmi, Augustine....and many more. No, I do not think I was dyslexic, but I never had any interest in the schools and what was being taught there. The best rank I ever got during the entire schooling was some 13/45.

PS:
- Anasuya used to wear watch to her right hand. She always removed her watch before she started beating up someone. I was her favorite when it came to beating up.
- Emmanuel had one of the broadest fingers and roughest palms. It used to hurt badly.
- Joseph used to pinch till it bled (guess, he was the other type).
- Bharti used to bring two heads of students and knock them together.
- How about getting hit on the knuckles with the edges of a wood-made measuring scale. Or kneeling on sand for hours.

-Yes, "Maa" song made me cry.

6 comments:

Debashis said...

Hi Vijay;

Well sir,does this ESH work here? -

1. A doctor
2. A professor in a top notch insti in India (forget corpo instis)
3. A brilliant judge (In India)
4. An inspired school teacher

It's not passion rather requirement that drives the so called intelligent youngsters of the society, crazy after money and the hence salary discussions. No body seems to discuss about job profile.

And yes, you were Anasuya's fav.Is this a real name, what if she is reading the same now?

Ford Prefect said...

Welcome back Vijay ... And I agree with ESH 100% .... Debashis - your examples kinda prove the point ... they are all jobs which suck ass big time ...

As for TZP , I think its a great movie ... I just have a problem with the ending ... Would the child have been less special had he not won the competition ? I think it reinstated the thought that Its all about winning ..

Anshul said...

Vijay,

Such a nice surprise to find you here. In case my id doesnt give you a hint, this is Anshul Bansal (ISB-batch of 2006). I arranged a few of your talks when at ISB.

I heard from Mohit that you are back at banking. Makes a lot of sense since I thought you were born to be a banker. :-). Consulting is overhyped anyways.

Regarding ESH, I would love to give up my high paying job and be president of India for the rest of my life. I heard the current salary for that post is about 50K INR per month, much lower than mine.

I think like stocks, Salaries are prone to market imperfections. Also, utility of salary in a job is never 100%, unlike stock prices where the price is the only thing that matters. So, I guess for a while, you are off the mark.

TZP is superb. I loved all the songs. I have my own band these days and we compose some serious stuff. You can find us at http://musafirband.wordpress.com . I was highly inspired by the Maa song.

Anonymous said...

Vijay,

I have been reading your blog for some time now. I like your style of writing, and most of the times the content too.

Regarding the ESH...I can give numerous examples that will contradict your statement. But what I'm trying to say is "Generalizations are wrong - whether good or bad."

Regards,
Vamshi.

brocasarea said...

"She always removed her watch before she started beating up someone. I was her favorite when it came to beating up"..hmm...was surprised by ur frankness in this regard..guess life is never the same when u grow up!!!:)

lavender tulips said...

Awww bless! That's so sweet & honest of you :)
And yes, that song 'maa' made me cry my eyes out like a baby...