"Know Yourself, Control Yourself, Give Yourself"
- Greek philosophy
Saturday, February 24, 2007
Visiting IIT Madras
Today I was lucky to visit IIT Madras Ocean Engineering department and see the facilities.
I saw how a miniature model of the ship is tested with a towing tank and how test data regarding speed, torque, thrust, resistance etc are taken. Similar photos are shown in IIT Madras home page - See Photo gallery.
I went with Unni, my wife's cousin who is working as a design consultant for Ship manufaturing. They have outsourced to IIT-M measuring of these parameters. Its good to see IIT madaras in touch with Industry. Prof. Anantha Subramanian was running the show there with his intelligent and enthusiastic students. Unni's client also came along and he was also there.
The professors, Unni, his client (Raju) all were malayalees and importantly all are from CUSAT.
The professors who taught Unni and Raju were facing questions from them! Good.
I saw how a miniature model of the ship is tested with a towing tank and how test data regarding speed, torque, thrust, resistance etc are taken. Similar photos are shown in IIT Madras home page - See Photo gallery.
I went with Unni, my wife's cousin who is working as a design consultant for Ship manufaturing. They have outsourced to IIT-M measuring of these parameters. Its good to see IIT madaras in touch with Industry. Prof. Anantha Subramanian was running the show there with his intelligent and enthusiastic students. Unni's client also came along and he was also there.
The professors, Unni, his client (Raju) all were malayalees and importantly all are from CUSAT.
The professors who taught Unni and Raju were facing questions from them! Good.
Friday, February 23, 2007
Rising Corpus - Good or Bad ?
There is a article in ValueReserachOnline on whether Rising Corpus is alarming or not - Read the artcle.
I had this in my mind for some time... Always MF experts refer others for some 4-5 funds... and their fund is rising.. Huge money to manage, may become disadvantage sometimes...
They say for funds who have majority allocations in high-cap funds will not face problems. But for mid-cap concentrated funds, when market goes down, there may be not much buyers for mid-cap funds which can be trouble some..
For some of the high performing mid-cap funds like Reliance Growth and Sundaram Select idcap Fund - the corpus is rising very much. Let us watch how those funds perform in difficult times..
I had only one funds which was mid-cap oriented - Pru ICICI Tax Plan - My value for those dipped by 20% in last week.. Mid-cap funds earn you more.., but they are more riskier!
I had this in my mind for some time... Always MF experts refer others for some 4-5 funds... and their fund is rising.. Huge money to manage, may become disadvantage sometimes...
They say for funds who have majority allocations in high-cap funds will not face problems. But for mid-cap concentrated funds, when market goes down, there may be not much buyers for mid-cap funds which can be trouble some..
For some of the high performing mid-cap funds like Reliance Growth and Sundaram Select idcap Fund - the corpus is rising very much. Let us watch how those funds perform in difficult times..
I had only one funds which was mid-cap oriented - Pru ICICI Tax Plan - My value for those dipped by 20% in last week.. Mid-cap funds earn you more.., but they are more riskier!
Plagiarism
Malayalee bloggers are protesting against Yahoo India for shamelessly lifting stories from their blogs sites - Read the story here
It seems my favourite blog writer - silverine has also been a victim of plagiarism.
But i dont know which side i should take ? i have been shamelessly lifting google images for all my posts! ( except for lachu's pictures!!!)
Perhaps I should be creating my own images from now on.
It seems my favourite blog writer - silverine has also been a victim of plagiarism.
But i dont know which side i should take ? i have been shamelessly lifting google images for all my posts! ( except for lachu's pictures!!!)
Perhaps I should be creating my own images from now on.
Thursday, February 22, 2007
Got LKG admission -St.Johns, Besant Nagar
Lachu got selection in St.Johns School.
The process was smooth.... First there was verification of the records... Then lachu and me went to play - in see-saw and climbing bars etc etc...
When we were called for interview... she was in no mood for that.. and started crying for forcibly taking her out of the play area...
We entered the teacher's room... crying and crying.. But they told her she can go and play.
After meeting the teachers - rest of formalities were done in a minute.
Had to take lachu using force out of the school. She now dont want to go to Abhyaas playschool and want to go to the BIG school.
Tuesday, February 20, 2007
best investment
Insurance is not for investment...
But I can feel.... the best investment in this point of time seems to be a "term insurance" of 1 crore.
feeling my health, i may need to pay only few premiums!
*Touchwood* hope it does not happen
But I can feel.... the best investment in this point of time seems to be a "term insurance" of 1 crore.
feeling my health, i may need to pay only few premiums!
*Touchwood* hope it does not happen
Sri Sankara School, Adyar, Bad example
Today I went to Sri Sankara School Adyar. lachu's name is not even in the waiting list.
I dont know what is the criteria of selection.
We were called to school at 10am... and we were called for interview only at 12, and then the child failed at the interview (?)
They could have
- called only those who were shortlisted based on some criteria
- or could have done first-come-first
Chettinad Vidyashram school follows first-come-first.
St.Johns where lachu has got admission letter selects based on the following criteria
- location preference
- Parent's job ( eg:defence personnel has highest priority)
- girl child preference
- Parent's education etc
Whether the other criteria are good or not --- a selection based on interview for LKG students is STUPID!
There have been cases and judgement against this sort of practice in recent time - see reports
Now wait and see for St.Johns! Good luck to me!
I dont know what is the criteria of selection.
We were called to school at 10am... and we were called for interview only at 12, and then the child failed at the interview (?)
They could have
- called only those who were shortlisted based on some criteria
- or could have done first-come-first
Chettinad Vidyashram school follows first-come-first.
St.Johns where lachu has got admission letter selects based on the following criteria
- location preference
- Parent's job ( eg:defence personnel has highest priority)
- girl child preference
- Parent's education etc
Whether the other criteria are good or not --- a selection based on interview for LKG students is STUPID!
There have been cases and judgement against this sort of practice in recent time - see reports
Now wait and see for St.Johns! Good luck to me!
Saturday, February 17, 2007
Friday, February 16, 2007
LKG interview
Today lachu had LKG interview at Sree Sankara.
Her token number was 97.
It was a long wait of 2hrs before her turn came.
They asked several questions.., she did not tell anything in return.
When they finally said bye.., she said BYE BYE BYE!
Now i have to go and look on 20th.., and see if her name is in the list....
Her token number was 97.
It was a long wait of 2hrs before her turn came.
They asked several questions.., she did not tell anything in return.
When they finally said bye.., she said BYE BYE BYE!
Now i have to go and look on 20th.., and see if her name is in the list....
Wednesday, February 14, 2007
Rest in Pieces!
Yesterday something was not working.
Today Nothing is working..
I dont want anything..
Let me Rest in Peace
Tuesday, February 13, 2007
Health Renewal
spondelolythesis ( recommended daily exercise ) - 2000
sinus (recommended operation ) in 2001
Now in 2007!
Nothing done yet...
OPtion 1:
---------
1. eat pankaja kasthuri daily ! ( mohan lal says so)
2. do daily exercise
Option 2:
----------
?????????
I will be in trouble ..!
sinus (recommended operation ) in 2001
Now in 2007!
Nothing done yet...
OPtion 1:
---------
1. eat pankaja kasthuri daily ! ( mohan lal says so)
2. do daily exercise
Option 2:
----------
?????????
I will be in trouble ..!
Sensex dips, Paper profit dips
Sensex dipped by 348 points, and my paper profit down by 17%.
Good!
I am targetting only 2050... ! Let India.Inc recover.
Good!
I am targetting only 2050... ! Let India.Inc recover.
Friday, February 09, 2007
Blogs at work place
Most MNC's are promoting official blogs with personal touch as a way of PR exercises and better interactions with customers.
The company which uses blog to the max seems to be Microsoft.
All these guys were active in newsgroups and forums, have now turned to blogs..
Nortel guys also have started blogging...
In late ninetees in our group.., our boss had advocated active participation in groups like NTDEV, and always said we should use our official ids and signature in the communication..
The active participation happened.., but we were only interested in promoting us, and not the company we were working for :)
Now should we try blogs... I have a networking blog... but there i note down the things i come across.. but i dont put much effort to make that readable for others..
The company which uses blog to the max seems to be Microsoft.
All these guys were active in newsgroups and forums, have now turned to blogs..
Nortel guys also have started blogging...
In late ninetees in our group.., our boss had advocated active participation in groups like NTDEV, and always said we should use our official ids and signature in the communication..
The active participation happened.., but we were only interested in promoting us, and not the company we were working for :)
Now should we try blogs... I have a networking blog... but there i note down the things i come across.. but i dont put much effort to make that readable for others..
Thursday, February 08, 2007
Index funds vs diversified equity
The very few investments I have in equities is (all) in - diversified equity mutual funds.
Diversified equity funds invest fully in equities, except for the cash reserves Fund managers keep. By investing in all sectors, and various companies in sectors they average out the risks. Also their investment philosophy allows the manager to find out the most under-valued stocks.
Recently only i enquired about Index funds. Index funds are passive funds which follows the market. Index funds invest in the companies that feature in the benchmark index and in the same proportion. So as indexes rise, the fund value will automatically rise.
It is said that in matured markets like US index funds are more popular, as it is difficult to beat the market ( why ? - things are stablized there ?)
Here the index in 1993 and 2003 was around 4000. so after investment of 10 years, it would have been a no-rise in the value... But now in these 4 years sensex has reached 14500 points..
Any guess on the value in 2050 ?
Index funds will be attractive because of
- low risk ( but in a emerging market like india , it means low returns, but nearly equal to benchmark indexes)
- low cost ( no active fund management needed )
So should take an eye on Index funds also..!
Diversified equity funds invest fully in equities, except for the cash reserves Fund managers keep. By investing in all sectors, and various companies in sectors they average out the risks. Also their investment philosophy allows the manager to find out the most under-valued stocks.
Recently only i enquired about Index funds. Index funds are passive funds which follows the market. Index funds invest in the companies that feature in the benchmark index and in the same proportion. So as indexes rise, the fund value will automatically rise.
It is said that in matured markets like US index funds are more popular, as it is difficult to beat the market ( why ? - things are stablized there ?)
Here the index in 1993 and 2003 was around 4000. so after investment of 10 years, it would have been a no-rise in the value... But now in these 4 years sensex has reached 14500 points..
Any guess on the value in 2050 ?
Index funds will be attractive because of
- low risk ( but in a emerging market like india , it means low returns, but nearly equal to benchmark indexes)
- low cost ( no active fund management needed )
So should take an eye on Index funds also..!
Passport Story
Got new passport... so third book...
If you are giving application to cochin office.., then:
1. the application form has to be filed in a file with colur code of district. So even if you have filled application form, consult with a authorised member outside the passport office to double check the form.
2. I submitted
a. old passports
b. copy of first four and last four of the two passport books i had
c. copy of valid visa
3. they gave me the old passport back after submitting the application, and asked me to come one and half week later ( on Feb 6th, 2-5pm)
4. They call ur names "Anoop Govindan nair".... during 3-5pm... so we have to be present before 3pm.
5. And i got the passport
Other things:
Ernakulam North is full of mosquitos. I reached there at 3am. had a room at Pannaickal tourist home, just opposite North stn. The mosquitos almost killed me. I also had my revenge. I killed all the ones who bite me from 6am to 7am, once i woke up.
So i had Odomos on my way back... so in railway station all others except me were dancing and running away from mosquitos... i was sitting , watching and enjoying.. Odomos is great!
I dont like auto drivers... They charged me 40Rs, 50Rs and 60Rs for the same routes... I will keep an option of "No Deal" with them next time.. I will better take taxi.
---
So i do have a passport with me now.....
If you are giving application to cochin office.., then:
1. the application form has to be filed in a file with colur code of district. So even if you have filled application form, consult with a authorised member outside the passport office to double check the form.
2. I submitted
a. old passports
b. copy of first four and last four of the two passport books i had
c. copy of valid visa
3. they gave me the old passport back after submitting the application, and asked me to come one and half week later ( on Feb 6th, 2-5pm)
4. They call ur names "Anoop Govindan nair".... during 3-5pm... so we have to be present before 3pm.
5. And i got the passport
Other things:
Ernakulam North is full of mosquitos. I reached there at 3am. had a room at Pannaickal tourist home, just opposite North stn. The mosquitos almost killed me. I also had my revenge. I killed all the ones who bite me from 6am to 7am, once i woke up.
So i had Odomos on my way back... so in railway station all others except me were dancing and running away from mosquitos... i was sitting , watching and enjoying.. Odomos is great!
I dont like auto drivers... They charged me 40Rs, 50Rs and 60Rs for the same routes... I will keep an option of "No Deal" with them next time.. I will better take taxi.
---
So i do have a passport with me now.....
Trading - Clueless
"Invest in what you know"- Peter Lynch
Despite being acting as an MF expert, i am clueless about how the trading happens inside.Just looked at the equity side, and i am clueless how to "fill in the blanks" of the buy sheet of equity shares.
Need to study the basics at this old age :)
I am not going for investing directly in equity, but would like to know what is the basics of buying and selling... from where i will get all the paper profit and why ?
Is it real ?
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