Category Archives: Blog

Robots

I generally have avoided reading Science Fiction. It has not interested me. I find this surprising considering that I am a big fan of Doctor WHO, Star Trek and Star Wars. I absolutely loved GATTACA. Terraforming and colonizing of other planets fascinate me. Seven of Nine played by Jeri Ryan is one of my favourite movie characters. Now I am faced with an interesting challenge. I hope I will be able to do it. The challenge in the story competition is to write a story where the robot is friendly. In interestingly enough I watched an episode of a series where the protagonist seeks to check if a particular computer has achieved true artificial intelligence by asking a series of questions and tweaking the Turin test. Maybe an idea will come to me as I head over to bed. So far I have been using the competition challenges to develop my novel further. However, this is going to be different. I really don’t envisage a place for robots in the world I have created. If you have any ideas then let me know.

Leave a comment

Filed under Blog, Fantasy, Movies, Novel, Science Fiction, Star Trek, Star Wars, Writing

Inverse ETF

There is a big difference between betting and investing. Investing in inverse ETF’s equates to betting. This article talks about the demise of XIV. People investing in products such as XIV should be given a lobotomy sponsored by the NHS. This is starting to bring back memories of 2008. The culprit was Hedge Funds then. Today it is ETF’s. That time one person I spoke to that worked for a bank that was heavily marketing Hedge Funds admitted that they did not read the fine print and did not know about gating. Another person told me that he was told hedge funds would never lose money. I wonder what that person’s view would be on ETF’s today. I am not a betting man but if I was then I would say that he would cease investing in ETF’s for the next one year. I would be telling him to keep his wallet out.

The active versus passive debate has been skinned so many times that there is nothing left to skin. The answer is that there is a place for both. However, in neither should there be a place for inverse ETF’s. There is nothing wrong with shorting stocks or ETF’s. You cannot crucify the undertaker for making money when people die. Investing in inverse ETF’s is like injecting yourself with a lethal substance hoping that you will make money off the insurance. The reality though is that action of your will probably leave your health beyond repair and cause heartbreak to the ones closest to you.

Except for two people; everyone else I know who passed through the gates of Credit Suisse has been glorified cold calling salespeople. Their structured products are so beautifully created that the client will not even realise that the only people making money are the banks themselves. Of those two people, one died and the other is a gem of a person who is thankfully working for another institution. I have told him that leaving Credit Suisse was the best thing that he did. It has been some time since I spoke to him. Maybe I should now.

Leave a comment

Filed under Banking, Blog, Business, Compliance, ETF, Family Office, hedge funds, Indices, Investments, Market Outlook, Market Timing, Private Banking

Bitcoin: Digital gold or fool’s gold?

https://vanguardblog.com/2018/02/06/bitcoin-digital-gold-or-fools-gold/

Leave a comment

Filed under Blog, Business, Compliance, ETF, Indices, Investments, Market Outlook, Market Timing, Private Banking, Regulations, Tax Avoidance, Vanguard

Bahubali

Baahubali and the sequel are probably the first medieval fantasy in India that can be considered world class. This is strange considering the rich mythology and history of India. That though is for another day. Please be aware that there are spoiler alerts.

For my novel, I wanted things to be as realistic as possible. I researched armour and weapons. I found this experience very insightful. The problem though is that I have started seeing medievial fantasy movies with a critical eye. This post is by no means a critique on the movie. There are plenty of those around including silly ones that show the absence of an item in one shot to the other. I am looking at this purely from the practicality of the weapons used. I do not want to talk about the maces used as I have found them very impractical. Cinematically they look great but they are far from any sembelance of reality.

The weapons used seem to be in line with the talwar. I am not an expert but the swords used in the movie are less curved than what the talwar is supposed to be. The other big mistake is that one of the swords called Sikhander which is shown briefly in the movie is brought from the Middle East seems to be a Middle Age European sword rather than a scimitar which would be expected from that area.

Personally I think that the main sword used though reasonably accurate. The complete hilt is good. The crossguard could have been wider. The pommel seems to be useful as a blunt weapon too. The weapon is designed as slicing weapon and is mostly used like that. The part of the movie that I also like is the way the armour is used. I am comfortable with the “artistic” freedom used to wear sleeveless armour. I love the use of gambesons in the movie along with the use of plate and chain mail.

I hope this will usher in a new breed of movies in India.

Leave a comment

Filed under Blog, Bollywood, Fantasy, India, Medievial, Movies, NaNoWriMo, Novel, Writing

Macro or Micro Writing?

I came across this article. It proved to be an inspiration. When I look back at life I do wonder what would have happened if I had to get into humanities rather than finance. Writing is something that has always attracted me. I love the way that random words can be put together to create an immortal thing of beauty. Don’t get me wrong. I love finance. I love the way the markets dance like lovers under a starry sky. Sometimes they tread on each other’s toes and sometimes they seem to glide like shimmering silk. Getting into finance is like being bitten by a vampire. It changes your life forever. The thrill of seeing the decisions you make paying off. The disappointment of looking at lost opportunities. The new things you learn every day.

Writing is like watching life being born as soon as your fingers come off the keypad or the ink from your fountain pen starts to dry. The happiness I get from writing a story or a blog is completely different. You leave yourself exposed on a pedestal. You start to instantaneously wonder whether anyone cares about what you write because you have not got any views or likes.

I have always been a macro person. I do not want to concentrate only on one topic. I am a complex person with interests in diverse topics. Why should I shackle myself to just one topic? Yes, it is easier to get followers like that just as it is easier to get a job when you concentrate on one particular sector in the equity market. However, there is no fun in that. I want the world to read what I have to say about everything I want to write about. I want to do that without having to become a leader of a country who has a twiddly finger and a twitter account. I think I have just set myself a lofty ambition. Let me see where it gets me.

4 Comments

Filed under Blog, Business, Investments, Leaders, Novel, Poetry, Politics, Writing