a comment from pagalguy
http://www.pagalguy.com/forum/cat-and-related-discussion/50219-fpm-2010-a-69.html
“Dear friend,
I am very sorry and sympathetic to you as you have to pay a huge tuition fee and part of which will go for business research.
But you know what, it is the way of looking into things that’s different between you ( or normal MBA s) and researchers ( Phd s). continue reading…
I am not into teaching. I am mainly into research.
- A professor to a classroom in a B School
The above quote is from a world class researcher (or so he claimed ) offered as a pre emptive explanation to his students in the beginning of a semester course at a leading B school. As you know me – I don’t like to take names or point fingers. The explanation was for lack of teaching skills , basic verbal skills , low self esteem , women issues and other many things that were painfully on display for mind numbingly dreadful 22 sessions. So can a B school professor really claim that it is research that matters and not teaching. continue reading…
Recently, there was some news about how IIT professors are planning to do away with IIT JEE, although there was no mention of what alternative they have in its place.They have been planning to do away with it for long now. The professors usually have some or the other complain with IIT JEE. They think that students crack entrance exams with the help of coaching classes but do not have genuine interest in engineering. JEE cannot test their creative thinking etc etc. It is all basically self serving bias.Your success is entirely your own while your failure is someone else’s fault. If there is one biggest reason that IIT kills engineering enthusiasm of many students – it is the professors themselves. continue reading…
There are two ways to feed a sick person in helping him get better. One is to try and understand his sickness and what effect it had on his body. Take all sorts of data into account. The latest symptoms of the patient. Then prescribe him a proper diet according to his needs which is suited for him and will help him get better in no time. The other option is just feed him with khichdi which is not as good as the previous diet but is not going to harm him either. And it is the same khichdi you would recommend to anyone. continue reading…
“Are you not serious about getting a job. Or you would declare yourself an entrepreneur”. These words were spoken to me by a dean of a leading management institute (let us not take names or point fingers). IIMs , ISB’s and other “pioneering” institutes of our country talk a lot about encouraging students to start ventures on their own but it is essentially giving lip service to something which is largely ignored and looked down upon. continue reading…
“Put yourself in the customer shoe and think”. You will be told this in many marketing classes if you ever go for the sorry education that is MBA. They forget to tell you that –think but think like the customer and not like yourself.
Actually I am being rude.You are indeed told by the professors that think like them and not like yourselves but It is easier said that done. It is like many of those mistakes which you end up doing even if you are told over and over again not to. Like in cricket no matter how much you tell the batsman not to fiddle with the delivery slightly outside the off stump and rising , he will end up doing it over and over. What makes this mistake particularly delightful is that more smart the marketing guy is – more likely he is to commit it.
It was all fun yesterday evening when my friend and I were adding almost every damn thing in the college with the word “last”. Our last visit to cc,our last printout from its printer, our last sip of coffee from Nescafe, our last visit Jha ji(which happened twice 
), our last stroll as students in the campus and what not. Now, I wake up in the morning having just slept for an hour and realize that suddenly it has all become true.I hate the word “last” now. I am sitting alone, staring at my room, focusing on the minute details, somethings I might have missed in the midst of movies,TV series, classes and lots of sleep and God my heart sinks when I think that I am leaving all this today.
This book is half the size of Snowball (the other buffett biography). On top of that, it was written some 15 years before Snowball. So I did not expect to up any new insight about Buffett having read Snowball already. Indeed Snowball manages to do a much better job of demystifying Buffett, the writer of snowball would have had used this book among other materials for her research. Snowball makes a more earnest attempt to get to the bottom of the person rather than the businessman. Maybe fifteen years ago Buffett was just a business curiosity and since then has become much more.
But demystifying Buffett ?!. Isn’t he a simple what you see is what you get aww shucks hillybilly businessman. Well, even after reading both these books certain questions about him remain unsolved. continue reading…
I always thought that Indians should be instinctively good at value investing. I mean we love bargains and like to minimize our expenditures. And if there is any community which would be best at value investing it has to be Gujjus. Mohnish Pabrai makes the same point in his book Dhando Investor. Dhando ( dhanda or business) as practiced in Gujarat has always been minimizing the downside risk while retaining the upside potential pretty much what value investing preaches , or so the author claims. continue reading…
http://www.hindustantimes.com/Idiot-is-as-idiot-does/H1-Article1-497911.aspx
You’ve been with the professors
And they’ve all liked your looks
With great lawyers you have
Discussed lepers and crooks
You’ve been through all of
F. Scott Fitzgerald’s books
You’re very well read
It’s well known
But something is happening here
and you don’t know what it is
Do you, Misses Ghose?
- Bob Dylan
http://www.youtube.com/watch?v=9Ha1eqHDu_w&feature=related
