Tuesday, May 23, 2006

Asset Bubble

I feel we are on a serious Asset bubble right now. This feeling increased after my recent visit to India. I was shocked to see the real estate prices increasing like anything. As everybody know the stock market is rising like anything in India till last week and I am very bullish about the Indian stock market . I am very happy that I predicted that Sensex highs will be around 12K before it crashes. Don't get me wrong here I am a layman in this stocks, economy and other financial stuff but I am getting into it day by day.

Coming to the bubble I am talking about, Yes the real estate is on crazy boom in India. The biggest problem is the amount of black money involved in each and every transaction. We can't sell or buy even a Sq.yard of a land without involving black money in it. There is always a difference between the price set by the government for that particular land which it approves and the land which is sold by the sellers. The difference is so enormous. It's not that this business is going on secretly. Everybody knows it and everybody is getting used to deal it that way. The scariest thing for me is, I think people in India are getting tough on these kind of issues. This is how it works is the kind of attitude it is set there in everybody's mind.

I think also the root cause for this problem is people have money now. With all this globalization and people getting high paid jobs and as the demand for the land is increasing day by day due to increase in the population I think we r getting to the peak very soon.

I just hope Government does some thing to regulate this because this is creating huge holes to it's tax money.

Friday, May 19, 2006

Subway

One Napkin(tissue) for a foot long Sandwich. I don't get it. Are these cost saving measures or trying to be eco-friendly?

Thursday, May 18, 2006

Obsession

I know people are obsessed for things but I think this is the maximum I ever saw. Here is my co-worker he gets a large black coffee everyday from Starbucks. He even comes to meetings late but he wont miss his cup of coffee. I was surprised this morning to see him without his coffee and when I asked him the reason, I was shocked to hear his answer. He didn't get it because the girl who usually gives his cup everyday is off today. I remember my roommate telling me other day that people won't drink their drink if the person who makes it changes; I can understand that because they prepare according to their choice but to get a cup of black coffee I don't know whether the person is that important. I thought he was insane.
Talking about my roommate of course he is one of my best friend's he has obsessions too. He is so obsessed with some things for example he likes to come into the apartment using the same entrance always. He doesn't like to change even he is closer to other one.

Speaking of my best friend's one more best friend of mine I think he is the maximum. If he likes something he will do that all day long. I am not exaggerating here I mean what I say. For example,if he likes some dish in the lunch he will prepare same dish for may be 20 days and eat the same for lunch and dinner. Same with watching movies, sports and what not everything.
Seeing all these people and in order to self satisfy myself for not being consistent I always remember this old quote.

"Is not consistency the Habit of Fools."

Tuesday, May 16, 2006

A Memorable Evening

I went to a concert last night performed by Ustad Zakir Hussain and it was really a master piece. Let me tell you this, the auditorium where the concert was held was amazing. It's called the Minnesota Orchestra Hall and I have never been to a auditorium which is as big as that and it has perfect acoustics that we don't even miss hearing a small beat coming from the performance.
I always used to think this kind of concerts are very boring may be because of the all the classical I used to see on Doordarshan ( National TV in India) especially when a leader passed away it's on all 24 Hrs. I never understand the point to telecast it all day, are they forcing us to cry all day? Or , Are we supposed to enjoy the music? Any way what ever reason it might be it used to be a night mare especially when there is tennis or cricket on the TV.

Coming to the point, watching the concert live yesterday it was really amazing. The music when it comes from the masters on the stage is truly something. The best part for me is to see them enjoying the every moment of what they are doing on the stage. I wish I can always do what I enjoy the most.

Monday, May 15, 2006

Most Boring weekend

It is raining for four days now and this weekend was really boring with all this rain. Its always nice this time of year here in Minneapolis. But this year still I feel like I am in winter. The last winter is mild too here so I am thinking summer is going to be the same which sucks. I watched the NBA playoffs and I am happy to see Dallas won the third game to make it 2-1 in the west semifinals. Although Dirk got hurt I am guessing they are going to win the series. I think this is the year for Mavericks.
The only positive from this weekend was the tennis match which I watched yesterday. Sometimes it's a pity that a tie don't exist in tennis match. I just got the tennis channel this weekend and I am very happy for that when I watched one of the best matches yesterday in Rome at Italian Masters between world number 1 Roger Federer and World Number 2 Rafael Nadal.
The moment the match started under the cloudy European skies at the historic Italian fort to its end after 5 hours they are great rallies hard hit forehand to forehand, wickedly spun backhands, crisp volleys, great lobs on both wings, exclusive passing shots and lots of ooo's and aaah's from the crowd. Not till the final second,seeing the usually reliable Roger Forehand's sailed long and Rafa falling on the court with red dirt everywhere on his shoulder to his long capri's none would have expected the outcome of the match.
It was a close, intense, hard fought battle. It's great to see Roger matching shot to shot to obvisously one of the best clay courters all time Rafael. I wonder what else he can do to win against him. I don't think he can play any better than how he played yesterday especially on the red dirt.
I think this is developing into one of the great rivalaries which whole tennis world is craving for and also a curtain raiser for the French Open at Roland Garros.

Thursday, May 04, 2006

I am fed up with my apartment Management. First of all they couldn't get rid of the bugs which came into my apartment inspite of repeated visits from the pest control guy. Now they are asking me to pay the expenses for the pest control as I am responsible for bringing them in. Common, cut some slack here. They are inefficient and blame me for it. What do they think that I am a schmuck to bring them in and suffer.

Wednesday, May 03, 2006

Do you ever have one of those days where you have all day meetings and when you are back at your desk you think how to get all these work done?
It has been a while I have written a blog, guess what I am on a vacation whole last month and its nice to have a vacation after four years. It's spring time here now in Minneapolis and its gorgeous out here. I bet you get the best weather in spring and summer in midwest than any in part of the country.
I need to get back into shape very soon so I am planning to get back my bike seasoned and get ready for this summer. Ofcourse there is tennis as usual and its nothing more fun than playing tennis. For me I think its kind of addiction and its good that we can't play it in Winter otherwise it will be worse getting addicted to it.
Talking of addiction I went to this concert last weekend by Mandolin U.Srinivas and it was great. Well, I listened to his music on CD'S and online and also on tape when I am kid on the small tape recorder we have it in my house but nothing beats watching it live. The way he mesmerized some 200 plus audience with his high and low notes is truly amazing. Dont get me wrong here I dont know much about Carnatic music, but I bet anybody can appreciate listening to it.