Rahul's Blog

Random thoughts

Month: October 2007

The Great Hargeisa Goat Bubble

With the Sensex scaling new heights today and India’s real estate in a boom, someone forwarded an email today. It contained this absolutely hilarious story about markets and bubbles. Some excerpts:

“I eked a meagre living, exploiting a fundamental structural discrepancy in the price of Goats.” He looked me in the eye.

“So crucial to the economy were goats now, and so fatal to our people any collapse in the goat market, that the UN appointed a Unicef Official with Special Responsibility For Goats. Around him swiftly sprung up a bureaucracy. A well-meaning man, his attempts to stabilise the goat market were well-intentioned. However, this intervention by the authorities was, as ever, late and ineffectual, indeed, counterproductive. Reassured that the UN wouldn’t let the market collapse, prices soared higher. It had become a one-way bet.

Takeoffs were being delayed while the bodies were removed from the runways, which lowered the number of flights and thus the potential revenues generated for all. This was solved by bringing in an electronic Goat Accident and Compensatory System to replace the cumbersome physical system. Now, instead of herding your one, then two, then four, then eight, then 16 goats on to the runway each afternoon, each of which then needed to go through the labourious process of being hit by a landing aircraft’s undercarriage, wingtip or propeller, you simply input your goat numbers into the GACS.

A must read: The Great Hargeisa Goat Bubble

PassPack.com

Found this interesting site today. It lets you store your passwords online and then you can log on automatically to your sites right from the password manager. Since its online you can (obviously) access it anywhere and they’ll also walk you through how to safeguard your passwords on other, esp. public and shared, computers.

Setting up the account and storing the passwords takes a little while and isn’t very intuitive, but definitely not confusing. Once you’re all set up its a breeze to log on to your accounts.

Check it out at PassPack.com

Work, ISB and new stuff

Work’s pretty much put a halt to photography so I’m thought i’ll start writing about other stuff now…

Work has started to become extremely busy – I haven’t had a single day’s break in the last 10 days now – nope not even Sunday and Dussehra! Its fun though, lots of challenges…

Been getting a chance to meet up with a lot of ISB alumni and current students when they head down to Apollo. It was also great to be back to ISB for the dandiya night. A lot of people from our batch turned up so it was great. (Got a chance to dust off my camera, will post the pics soon!)

I’ve also decided to start blogging about new interesting stuff that I read/find on the Net/etc. Look forward to that…

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