Wednesday, February 12, 2020
Viral of the bad kind.
Wednesday, January 22, 2020
1917 - A Heros’ journey
Thursday, January 16, 2020
KNPH - 20 year review
Tuesday, January 14, 2020
The Ponzi scheme is now 100 years old
Heard of a Ponzi scheme ? This fraudulent gimmick to fool investors out of their money was at first started by Charles Ponzi, in January 1920. He found and tried to exploit a weakness he had found in postal reply coupons introduced around that time. Ponzi made millions out of this scheme, but he owed even more debt to his investors. He was later arrested and served time in jail. He died in poverty, having spent the last of his days in a charitable hospital.
But a hundred years later, even today, people still fall for this kind of ‘investment’ scheme, having learnt nothing from the past.
Today the internet is a fertile ground for ‘get rich quickly’ money schemes. But the underlying foundation is still fraud. People fall for it not because they are greedy, but due a fear of missing out. You see, if a new investment schem works, those who DON’T invest are going to miss a rare opportunity.
So the next time someone tells you of a new investment opportunity, and promises to double your money, don’t fall for it. Its nothing new, it is a very old form of fraud.
Saturday, January 4, 2020
Things will be allright
Time flies. Even if Einstein had not discovered relativity, time has a funny way of passing by at different speeds. Faster , when you least notice it. Slower, when you really take notice. I caught myself sneaking up on the years today, when I looked at the calendar. 2020. That is a funny year. When the year matches its century. How many years have passed since the various milestones in my life ?
It is now 15 years since I left college. And 19 years since I left high school. Twenty years into the new millenium, the new century. I try to go back and remember what I my hopes and aspirations were, all those years ago.
Twenty years ago, I didn’t have the slightest idea what I wanted to become in life. Sure, I wanted to become an engineer, but that was only because everyone else was doing it, and because I liked computers. But I honestly could not foresee where that career choice would take me. And it was the same state of mind for everyone else in my class. We were all confused and lost. Will this IT bubble last ? How long should a doctor study ? What are my changes in finance ? My parents want me to get a government job, but I want to travel the world. Is it too late to change my stream of study ? None of could see our futures, excep maybe a few years. Hmm..I wonder what happened to them ?
I still stay away from social media. But I try to hunt everyone else down. What happened to the brightest, smartest minds of my class ? Well, most of them have become far more successful than me , and have ended up in different parts of this world. Some have joined dream technology companies in the great mecca of such companies, the USA. Others have become experienced and respected doctors, and have saved countless lives since. The dumbest guy in my college year, who could not even write the simplest computer program is now a project manager for a top indian IT firm. Turns out anyone can become a PM, if you can just get others to do all the work.
The smartest girls in my class ? Well, most of them have quit jobs, and are now stay at home moms. But I guess they only did it because thats how far the industry let them proceed. Many of them have become teachers , and are now teaching the next generation of aspiring students.
And some others, the back benchers of our classes, have defied their teacher’s expectations and have now become successfull leaders and business owners. It took them a while to find their footing, but better late than never. A few of us where so bad at studies in college, but they then went on to do their masters, the desire to study was rekindled when they passsed out of that god forsaken undergratuate college we went to.
I now see a younger generation of students , giong through the same phases that I went through, decades ago. Many of them enquire about my supposedly successful career. And hope for some advice. Should I take up engineering , they ask, or medicince ? Should I go abroad for higher studies ? Doe IT really have a future in this age of automation ? I am a budding youtuber, should I drop out of college ? Should I go into manamagement and finance ?
All I can tell them is, that they will find their own way. Life is a series of struggles, its not always smooth. Had it been so, it would have been very boring. The thrill of life is not knowing the future. And life has a funny way of being allright. Its all right to pick the wrong subject, today a student has more opportunity to change streams. Its all right to fail a subject, as long as you learn from that mistake. There are plenty of colleges in India to go for higher studies, but if you can afford to go abroad, then do that, by all means. That is going to add so much more your experience and learning. College is important.
Never think of dropping out. None of the education tests can predict your future for you, most of them failed me when I tried them. Many who cleared the tests, failed later. But then got up again. Many who flunked upfront, later went on to find their calling some place else. The world has so much to offer, if you are willing to learn. Don’t worry,
Things will be allright.