IPL becomes NRIPL

Today’s newspaper is screaming about the news that IPL matches have to be shifted to South Africa or England because the safety of Indian players in this Indian event is at risk.

What message does the Indian Government want to communicate by saying that it cannot guarantee the safely of Indian nationals (who are not involved in any controversy) on Indian Soils?

You might call me anti-P Chidambram, but it looks like home minister has lost his mind.
When the Sensex was falling, he emphasized on the confidence building positive talks to raise the sentiments. In fact he did it so much that many people started wondering if he truly understood the gravity of the situation.
Now when he is in Home Ministry and people of India are desperately looking for a reason why they should feel safe, he is denying us one. Why is the GoI chickening out? Why can’t it guarantee the safety of Indian Nationals? Has it lost its spine?


Record of mutual funds

These are the average returns of all the mutual funds vs their respective stock market indices over a long time frame

Taken from Lubos Pastor and Robert F. Stambaugh, “Mutual Fund Performance and Seemingly Unrelated Assets,” Journal of Financial Exonomics, 63 (2002).

If you get a chance, read this research paper. They analysed mutual funds from various countries in different periods to arrive at these results.

I am advertising this paper here because it goes well with my original stance 1 and 2


Wise Advice Department

Whatever you give a woman, she makes it greater. If you give her sperm, she makes a baby.
If you give her a house, she gives you a home.
If you give her groceries, she gives you a meal.
If you give her a smile, she gives you her heart.
And that’s why if you give her crap, she’ll give you a ton of sh¡t!


TV Channel Bashing

This wonderful video from daily show does a much needed bashing of the CNBC channel and their reporting. I wish if someone could make a similar video bashing Indian News channels