Sunday, August 12, 2007

Just In Time

Yesterday my term two midterm got over at 1200 hrs.and since
then I have been stuck in assignments . It seems my whole life
has become an assignment to be submitted in a wooden box at
a specific time ( usually 4 AM ). Most of our assignments are due
at 8 AM and most of the box is empty by 4 but full by 8 .We seem
to have learned the much vaunted art of " just in time delivery "
from Toyota already,at least as far as assignment submissions are
concerned.
I have just read an article which states that in the coming years
and even currently it is the central banks of China and India
which are responsible for determining the global monetory
conditions .It states "The days when central-bank watchers could
just focus on the Fed and perhaps the ECB in order to assess
“global” monetary conditions are over. They no longer control
the amount of money sloshing around the world and, as financial
markets become ever more linked, analysts will need to pay more
attention to central banks in the emerging world". A very
interesting article, which makes a lot more sense now , even
after a miserable showing in the global eco. exam , but as they
say in Hyderabad " I am here for the knowledge and not the
grades , only ".

Monday, August 6, 2007

Net Present Value.

There is a very interesting concept in finance called NPV. It is the value today of an asset tomorrow , i.e. the current value of 200 000 Rs in 2015 for example. Apparently you can know beforehand what the present value of a future cash flow is. This set me thinking ( and I think really fast with a big dose of Bacardi inside me) can this concept be extended to real life as well ?.
I mean can I put a current value to future pleasure’s or sorrows?
Can I put a value to a future relationship? Or does a past relationship really fulfill the promise of its NPV then?
For example there were a few times in my past life when I thought that this is finally it, this is the women that I am going to settle down with. But it only happened when I finally met Jasmine . The NPV of those relationships at that time looked pretty promising but nothing came of them, so it cannot be extended to life, can it?
Guess not , a lot of friendships which I never thought would end have withered away over the years making me a little bit pessimistic ( I like to call it realistic ) towards life in general and friendships in particular. As it is said “good things don’t last” .This is particularly true of relationships, good relationships seldom last long. So enjoy the sunshine while it lasts , make merry , drink Bacardi , smoke a cigarette , curse the professor for giving you an assignment but enjoy every moment of it ‘cos guess what, the NPV of life in the future is nothing.