Notes to Myself
Today in 1995: Internet services were launched in India by Videsh Sanchar Nigam Limited. The rate chart: Average cost of 1GB of mobile data in the world 2019: India is 1st @ $0.26 per GB, in comparison, Canada $12.02, USA $12.37
I stumbled upon this long interview (2 hrs 25 mins) of Anthony Deden who is Chairman of Edelweiss Holdings! He is amazingly articulate and his clarity of thought (in his domain) reminded me of Charlie Munger! Watch this interview at leisure and with full attention...and let it sink in...slowly. https://www.youtube.com/watch?v=a4_U6bS-cU4
I read this interesting post on LinkedIn: Why giving 3 options is better than giving 2 options? A few weeks back I was to a local juice shop. A girl came and asked for a glass of juice, he gave her a choice of two sizes (INR 40 and INR 50). She asked neither the... Continue Reading →
Just read this news that Harvard Prof Sendhil Mullainathan won (along with 5 others) Infosys Prize 2018 for science and research https://www.thehindu.com/sci-tech/science/six-professors-win-infosys-prize-2018-for-science-and-research/article25483977.ece I had watched Sendhil's TED talk and had liked it a lot! There are many economists of late who write and talk about behavioral economics, cognitive biases and nudge. This one is also... Continue Reading →
Much anticipated Hindi movie "Thugs of Hindostan" has released today across the world. Based on Philip Meadows Taylor's 1839 novel Confessions of a Thug, the movie tells us about a thug named Ameer Ali and his gang, whose nefarious ways posed a serious challenge to the British Empire in India between 1790 and 1805. The... Continue Reading →
"Coal has enjoyed nearly 200 years of continuous volume growth, with 1.6% annual growth in the past 100 years alone despite displacement of coal by oil in transportation." Good read on the relevance of coal / thermal. Substitution cost is just too high https://www.bcg.com/en-in/publications/2018/why-coal-will-keep-burning.aspx
I came across this article on LinkedIn, written by Raghav Bahl of Bessemer Venture Partners (Link: https://www.linkedin.com/pulse/unit-economics-matter-scalability-matters-more-raghav-bahl/) and thought of sharing. This is somewhat similar to a Marketing Assignment I had done during my MBA. Will write a blog on that some other day. Meanwhile, do check this article: I like entrepreneurs who think hard about... Continue Reading →
Today is 125th birth anniversary of Prasanta Chandra Mahalanobis - noted applied statistician and scientist. Google has posted a doodle honoring PCM's contribution in the field of Statistics and Mathematics. He is considered as the father of Indian statistical research. Here is a brief biography of PC Mahalanobis: Mahalanobis was born on 29th June 1893 in West... Continue Reading →
If you follow the Economics of emerging countries you would know that remittances from other countries back to the home country is a significant contributor in the development of that country! India has a huge population and equally huge number of migrants to various countries. There are regional pockets and affiliations based on decades of... Continue Reading →
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