tag:blogger.com,1999:blog-12935193.post6282332293154440496..comments2023-07-05T20:12:51.750+08:00Comments on The Alchemist: Fighting the world is toughRequired field left blankhttp://www.blogger.com/profile/18088435392517578443noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-12935193.post-41383080436396137602009-11-01T23:53:35.581+08:002009-11-01T23:53:35.581+08:00Haha, you are a true anti-hero.Haha, you are a true anti-hero.Required field left blankhttps://www.blogger.com/profile/18088435392517578443noreply@blogger.comtag:blogger.com,1999:blog-12935193.post-49399764895651875222009-10-29T00:44:57.090+08:002009-10-29T00:44:57.090+08:00I didn't exactly get the comparision though. D...I didn't exactly get the comparision though. Derman might have written this to sound like an intellectual (I'm not denying that he is one). What do the banks owe to the public except honest dealing? I do hate people like the AMD chief, Galleon fund who are not worth being in this business. But anyone who has made his money by fair means is not under any obligation to give anything back to the public. If they are taking up social initiatives (ML, Goldman, etc everyone does), then it should be considered as a bonus by the people. Charity is not their job nor the public's right.avinashhttps://www.blogger.com/profile/15436015295663862908noreply@blogger.comtag:blogger.com,1999:blog-12935193.post-39949629762168144322009-10-28T10:35:52.323+08:002009-10-28T10:35:52.323+08:00lol...at last we have a way to quantify the price ...lol...at last we have a way to quantify the price of your dignity: the opportunity cost of missing out on Tata.<br /><br />As for the banks, yes, envy plays a part, but more than that. Using option theory to explain the situation, they have bought a call from the public. And yes, they get to keep the upside as per the rules. But where are the premiums? The public has essentially given it to them for free.<br />(wasn't my idea...read it off Emmanuel Derman's blog)Required field left blankhttps://www.blogger.com/profile/18088435392517578443noreply@blogger.comtag:blogger.com,1999:blog-12935193.post-18206462908537780162009-10-26T10:43:21.642+08:002009-10-26T10:43:21.642+08:00I don't know why everyone hates the banks for ...I don't know why everyone hates the banks for making obscene profits. I can't see any other reason than envy here.<br /><br />Btw, on a lighter note, when I had quit my job at Tata Motors, I was really angry with the company. Though I had recommended my dad and some friends to buy their shares, I myself didn't. At that time, it seemed to me as hypocrisy if I'd have bought them. The shares went up from 400 levels to 900 levels. lol....avinashhttps://www.blogger.com/profile/15436015295663862908noreply@blogger.comtag:blogger.com,1999:blog-12935193.post-62674441595495808732009-10-26T04:44:56.289+08:002009-10-26T04:44:56.289+08:00So you don't subscribe to "If you can'...So you don't subscribe to "If you can't fight them, join them"? Then you must be prepared for some pain along the way.<br /><br />I get angry with the obscene bank trading profits too. One way is to buy their shares. Same thing with the indiscriminate price hikes that MRT carry out. Join them. Buy their shares.Required field left blankhttps://www.blogger.com/profile/18088435392517578443noreply@blogger.comtag:blogger.com,1999:blog-12935193.post-45992568598818678942009-10-25T22:24:41.190+08:002009-10-25T22:24:41.190+08:00One great sportsman while being jeered by the crow...One great sportsman while being jeered by the crowd for not performing, had stuck out his 2 middle fingers at them. It only led to more jeering wherever he went after that. Recently, he said that, on hindsight, he could have just smiled at them and won their support back. <br /><br />Well, each has his own way. Feynman had a great sense of humor and I guess that's why he was accepted. But personally, I don't believe in the saying, "If you can't fight them, join them". Sometimes it's a question of self-respect, which to some may seem as Ego :)<br /><br />Btw, didn't know u have again started blogging. Good to have u backavinashhttps://www.blogger.com/profile/15436015295663862908noreply@blogger.comtag:blogger.com,1999:blog-12935193.post-15550357386008230742009-10-25T22:23:05.563+08:002009-10-25T22:23:05.563+08:00This comment has been removed by the author.avinashhttps://www.blogger.com/profile/15436015295663862908noreply@blogger.com