Pranav Mistry: The thrilling potential of SixthSense Technology

Superb one ... just check it ...



If the video doesn't appear - here is the link : http://www.youtube.com/watch?v=YrtANPtnhyg

Bye Bye 2009 !!!!



Just two more days .. And 2009 will end. A mixed year for me with some good / bad memories on personal, professional, social fronts.

Here is the year summary from my side ...

First about blogging : Reading other's blog, there was an improvement definitely but pretty bad year for my blogging venture. Just lost track and passion I had. But 2010 will definitely be like that .. I promise :)

MandY holding is doing well :) but not great. I made as well as lost some good calls. Won some by luck and lost some BIG ones as well. But overall, it gave me a good learning year. From coming financial year I'll definitely able to make use of these concepts. The target for coming year is 50% gain from april 2010 to 2011. I think I'll be able to achieve that. Let's see..

On personal part, had some kaande pohe programs by now and hope will be able to have shaadi ka laddu in 2011 :)

Got new blackberry this month and I can feel great improvement in my productivity. I am active 24x7 now professionally on personal front as well. Always connected on mail, messenger and a great push mail support. Apart from these I learned lot of new things and will continue to do so in future .. Had some great ideas but didn't get time to work on most of them. They all are due next year ..

That's it frnds.. Wishing happy new year to everyone !!!

Finally it rained

First time in this monsoon season we experienced proper rain. Condolence to the families in south India who lost their lives and properties because of this. Otherwise the rain was most welcomed one for many of us. Hope mumbaikars will not have water problems in coming summer.

Dry Day

Checked google's homepage ?






Nice one..

Coming soon ........

Friends ... Am coming soon ... stay tuned :)

Status Update

Hello frnds ... remember me ? Was totally busy in my day to day routine work, job and personal things.

In last couple of months so many things happened. There was some great moments in personal life, family matters. Professional life gave increassed pressure but provided stability. That was much needed in current environment. MandY Holdings lost 40% of its capital due to my ignorance and over confidence.

Overall a mixed bag of experiences ... but thats life ..  and I am enjoying it :)

One more important thing .... got a blackberry from office. First time I shifted from windows touch screen phones to a non touch screen phone. Configured all my personal professional mail accounts and IMs on that. I'll be posting another separate post on that experience :)

Ending this small status update .. now I'll be regular here as I was before :)

Year 2019 - Cricket World Cup news

India failed to defeat Afghanistan in the world cup qualifier in the Asia -Pacific zone

Coach sehwag said that he is not worried bcoz he has backing of selectors, captain and board....and that they had won a close match against Papua new guinea just 2 yrs ago.



Rahul Dravid,the coach of new zealand team said that Sachin should now consider retiring gracefully and let his son take over the captaincy

mahender singh dhoni broke ajit agarkars record of most no of conecutive ducks in twenty 20

saurav ganguly, the coach of england feels that the boys need to control their emotions on the field

the current leading man from bollywood bret lee advices ms dhoni to take upacting as well

Minnows Pakistan beat Ireland in a close match...and thus they avanged their defeat in the 2007 WC against the then minnows ireland

Inzamam ul haq, who was the captain of the losing team and now the present coach said in a press interview that
"Boys plays well...they try hard...inshallah we wins the world cup"



The police arrested 8 ppl for voilence after England and NZ match...
Investigations revealed that these ppl were members of Dravid and Ganguly fan communities on Orkut which have 623241516 and 126542 members respectively.

the Indian cricket board led by president Rahul Gandhi has called for an emergency meeting to discuss future course of action ..former players like yuvraj singh, md kaif,vvs laxman and kumble have been invited...coach sehwag and captain Tendulkar will present a report...

vvs laxman today created a new controversy by saying that he expected a written apology from Rahul gandhi for including him in the category of former players....he said that he has improved his fielding and fitness and wants to play 2023 WC in Brazil.




got it as forwarded email ... not my creation ...

I exist !!!!

Frnds ... I remember I have a blog too .... don't worry ..... I'll be back soon .....

10 tips for shoe-throwing

This is with regard to the shoe-throwing incident involving a journalist (the accused) and a senior minister ( the victim). It is not as simple as it seems, to throw a shoe at a politician you hate (Question: Are there any politicians you don't hate?). You need to prepare early in life. But here are some tips, not necessarily in order of importance.

1)
Practice for some days before undertaking your mission, preferably with your wife's/girlfriend's shoe.

2) Sit as close as possible to the target on the day of the incident.

3) Keep a spare shoe, in case the first misses the target (anyway we all wear two shoes).

4) Exercise for at least a month before D-Day. You need to look perfectly fit. No one likes a clumsy shoe-thrower.

5) Ensure the shoes you are wearing (and intend to throw) are not with laces. You cannot be struggling at the last minute trying to unlace your shoes.

6) Train early in life to be a journalist, preferably a political reporter, so that you can attend press conferences addressed by politicians.

7) Polish your shoes well before the attack. So, if your shoe misses the target, the politician could at least pass out with the strong smell of polish mixed with the stink of the streets.

8) Have a hearty meal a short time before the incident. You can never tell how many hours you will be detained in a stinking prison cell, and whether you will be sentenced to death later.

9) Don't tell the world about your plan. Keep it top secret.

10) Most important: Select a proper, old shoe, preferably a woman's high-heeled shoe. Remember, the purpose is to cause maximum damage.

11) Hey, did I not say 10 tips? Well, you may not like one of them, so here's the final one. Aim a little below the head, as your target will duck.




Happy Shoe Throwing

Microsoft Windows Goes Open Source

Just read this news -

Ballmer ? Are you serious ... or are you celebrating Fool's day little before than others ?

Nice move by Infosys


Infosys to offer NGO work to staff at half pay

All companies are laying off people to cut cost. But this Infy's move is adding great value to its reputation. Kudos to Nandan Nilikani and his team. Hope shareholders also understand the value addition.

Election fever starts in India

Checkout this advertisement on Orkut ....




Indian Political Parties are also following Obama style now ... by going online n all ....


I'll be adding one separate post on my views on election. Probably by this weekend when I get soem free time ....

Taking a break

Couldn't post anything in last two weeks :(

Have lot of things to post but not getting time.

Let me take a short break for 2-3 weeks. Will be back soon with full recharge :)

Task manager for Human Brain

Like a computer, a human brain is capable of doing several things at once. But our task manager is not as efficient as computer's task manager. Several times positive/negative outcome of one process affects another even though they are not related.

It would be great if we get a better, well managed, bug free task manager where we can simply right click and minimize or end any process.With this, a bad day in office won't affect your personal life or a girl friend's phone call won't affect your day to day work.

Hopefully GOD will install it in next release.

Tough time ahead for MandY Holdings - Department D

Effective from March 09, SEBI increased lot sizes by almost 4 times, hence the margin in same proportion. With a small capital of 1.3 Lakhs we were able to buy/short two lots at once with worst case averaging limit of 4-5 lots. But now, that option is no longer available. Either we need to increase our capital to 4-5 lakhs or increase our expertise to do more correct analysis and risk evaluation. The first option is very difficult hence we are proceeding with the second one. Alternatively, there is an option of using department D when we predict bullish short term trend. We can buy few shares which we can average instead of taking risk of full lot. But in case of short sell, we have to take risk. Probably, SEBI also wants the same thing - more equity traders (investors) than f&o (traders).



We love challenges, we'll come out with solution and move ahead.

To our current and future aspirant shareholders, we are happy to announce that we did our first trade with new lots today. Bought reliance lot at 1264 and sold at 1280 earning 4800 rs. Although it reached intra-day high of 1297 due to heavy buying in last 15 minutes, we are happy with our small first gain. MandY Holdings has earned 17% profit on the investment of Rs. 1,20,000 in 6 weeks time.

Half Life of Knowledge

Once we learn something, we never forget that completely. But it decays if we do not refresh it. Like radioactive element, it is never destroyed by it reduces in exponential pattern.

I found an interesting concept - Half Life of Knowledge. Sharing presentation slides on the same. It discusses theorotical compuer science in relation to this topic.

The research has been done by one of my professor in IIT Bombay - H. V. Sahasrabuddhe. Here is the link for his homepage. You may find some more interesting topics like Computational Musicology.

MandY Holdings - first month

Today, MandY Holdings has completed one month. Here is the balance sheet ...

MandY Holdings Pvt. Ltd.

Balance Sheet 18-Jan to 17-Feb

Credit
Date Description Amount
20-Jan-09 NIFTY-Short (2754-2713)*100 4073
2-Feb-09 NIFTY-Short (2799-2751)*100 4800
2-Feb-09 UTV-Buy (223-229)*300 1600
5-Feb-09 RIL-Short (1301-1275)*150 1950
16-Feb-09 NIFTY-Short (2935-2908)*50 1350
16-Feb-09 NIFTY-Short (2850-2830)*150 3000
17-Feb-09 NIFTY-Short (2850-2757)*50 4650
TOTAL 21243


Debit
Date Description Amount
19-Jan-09 Account Opening 650
24-Jan-09 RNRL-Buy (51.90-49)*3576 10371
26-Jan-09 UTV-Buy (252.93-249.38) 1066
28-Feb-09 Service tax 252.68
28-Feb-09 Other Charges 224.85
28-Feb-09 STT 361
TOTAL 12925.53

Total Investment : Rs. 1,20,000

Total Profit : Rs. 8497.47 (+ 7.08%)
- not audited by PWC


We are currently in learning phase hence the 7 % gain in one month is very good.

One major loss faced was from RNRL lot. I couldn't guess the price movement due to covering hence lost 10K plus in that deal. Otherwise I could have had more than 15% monthly gain. After that, faced biggest tension when I short sold 5 Nifty lots with 2850 average price and it reached 2950 on 14th Feb (Happy Valentine day). I was 25,000 down and my entire investment was locked hence there was no scope for averaging. I was pretty sure that market will come down by Feb end at least. Thankfully, budget did the magic and I baught back 4 lots with 7,600 rs. gain. Still holding short one lot.

The overall future for MandY holding is positive. Till now 7 calls were positive and 2 negative. Two more are yet to be realized. Assuming 50-50 in that, 72% correct calls is a good sign for my research and intelligence(or pure luck).

Currently, we are investing only in Department D, hence  hence we can have gains (and looses) irrespective of market going up or down. Point to note, almost all gains are from short sell and I lost heavily in two buy trades. We'll publish our next balance sheet by march end, by which we are expecting 25% profit.

Department E has invested a small amount rs. 6,150 in HCL Technologies. Currently the stock value is 109 rs. with 670 rs loss. But this investment is made with a target of 500 rs share value in 3-4 years. No plans to invest in equities before Q1-09.

Department Zero predicts Sensex will remain in 8500 to 10000 range. If it falls below 8500, it may drop down to 7000. Indian market will see some stability after September and start recovery from 2010.

Best Ever Valentine Proposal

Check this one ....





Happy Valentine Day !!!!

Orkut Speed Issue

From last few months I am experiencing poor performance on Orkut. Surprisingly, the performance is far better on Chrome than on firefox or IE. I accept chrome is slightly faster than firefox 3.1 but speed difference is considerable on Orkut.

Is anyone else getting same results ? Has google started dirty tricks to push their chrome browser ?

Feeling the Market Heat !!!!

Market went 283 points up today with nifty jumped 79 points. On friday I short sold Nifty at 2814 under the feeling that market will come down. That too with little over confidence ... 3 lots i.e. 150 shares :)

Today, the first time, I experienced the real heat of market. Still managed to keep my head cool and short another 2 lots at 2914 with reserved funds of MandY Holding. Lets see whether my call is correct or not. Currently I am 250 shares short at average price 2852.

Gabbar Singh's Orkut Profile

Gabbar Singh's Orkut Profile :)


(click to enlarge)




Credits goes to my friend Kuldeep. He should transfer credits to his source by keeeping comission ;)

Pink Slips

Yesterday, I experienced the worst ever effect of Pink Slips. Our company laid off 40 people from various departments. We tried our best but couldn't keep ourselves away from global slowdown. Fortunately, even during booming time, we never hired people like other companies hence the effect was small. But loosing job all of a sudden is not easy for anyone.

All of a sudden the company atmosphere changed from every day's joyful culture to a silent one. Fortunately, there was no layoff from my team. Being a Team Leader, I was encouraging my team members and other employees but at the same time there was a fear of loosing my own job as well. Fortunately nothing  like that happened. I am still on Indiagames payroll.

In the evening I got a call from my sister, who recently joined Mastek after completing her engineering. Her company put 12% of their workforce on virtual bench. Virtual bench means an employee gets a full year leave and salary is reduced to 20%. My sister was part of that.

Thinking positively, I believe its a time for consolidation. One must evaluate himself. Consider this downturn as opportunity than problem and find your own path. In the booming time every idea is great, every one is genius. But as you can see now, most of them failed. One who can think of great idea in current time is great. hence believe on yourself, prove yourself and let others follow you.

Vamos Rafa

 
He did it again. 


Vamos Rafa !!!!!

Remembering Auschwitz

Today is International Holocaust Remembrance Day. 27 January 1945, 63 years before, Soviets troops entered the Nazi concentration camp Auschwitz and liberated remaining 7,000 people. During the existence of Auschwitz, the SS camp authorities killed nearly one million Jews from across Europe. Other victims included approximately 74,000 Poles, approximately 21,000 Roma (Gypsies), and approximately 15,000 Soviet prisoners of war.

 

Hitler believed in Aryan superiority and hence wanted to remove all inferior people out of the society. In the starting days of War, Jews were separated from normal society into special areas called - ghettos. Later on they're forced into labour and concentration camp.



The entrance to Auschwitz was marked with the sign “Arbeit Macht Frei”, or “work makes (one) free”. When german defeat becomes inevitable, nazi regime devised Final Solution to kill all Jews. They ruthlessly killed women, children and elderly people by selection because they were not fit for work first by sending them to gas chambers. Those who were capable of work were forced to work for war efforts till they die by hunger and diseases. The process holocaust killed over 6 million jews across Europe.

Everyone in the world knows this history. Still genocides are happening. People are still dividing each other based on color, language, caste, religion, nationality etc. God has given us the power of intelligence. When we'll learn such simple things from history ?

Run Mumbai Run

Today there was Mumbai Marethon.

Last month I came to know about actual date. Couldn't participate it becuase I couldn't prepare for it. I haven't gone to any trek in last 2 years hence completely out of practice otherwies I would have definitely participated. But I have decided to participate it next year for sure. Will start practice from tomorrow morning 7:00 am for Dream Run !!!! (or Run in Dreams @ 7:00 am )

MUX is MUX

MUX is MUX .... coated with White GOLD !!!!


 
I am out of Cash right now because of Recession .. otherwise ........ :)

Solo

Studying is integral part of my life. I want to be a student throughout my life. The knowledge in this world is infinite and unfortunately I have finite time. Hence I try my best to utilize it properly to maximize gains. I have interest in almost every subject in this world. Thankfully god has given me intellect, analyzing power and fast learning abilities which allow me to gain knowledge from many subjects.

Now a days I am taking lot of interest in studying corporate strategy, HR, team management, leadership, finance etc. I am studying them at once and trying to relate one another. At the same time current news are giving me lot of situations to apply the fundamentals I am reading. Also getting lot of feedback from my day to day work, business strategies, technical, R&D part. Right from my engineering days I am a good programmer. But I have never restricted myself to one particular programming language. I am more interested in gathering requirements and finding solution using tools I have or create the tools I require. This gives me great ability analyze given situation and design solution if any. And good grasp on mathematics, algorithms and data structures gives me power to optimize these solutions.

It looks like I am writing my resume .. or giving HR interview ... I am not .. I am just writing my evaluation as a learner.

Speed, in depth analysis and out of box thinking are my strongest abilities. But at the same time, I lack long term view of any solution. I find it too complex to evaluate any solution over long period as I run out of memory when I consider minute details of the solution over long period. And without considering those details, I can not evaluate any solution. Thinking in short term also shows lack of patience. Unfortunately I have this problem.

Secondly, I don't believe on anyone - no person, no theory, not even myself. I evaluate everything. I am very happy when I prove something different than existing .. when I prove something wrong .. including my own principles .. myself.

Lot of things to write ... may be I'll have part II of this post later ... ... ... have lot of things to do :)

सत्यम

सत्यम is a Sanskrit word. Means Truth.


Fraud in the name as well ?
 

MandY Holdings - Department D

We are expanding. Added a new vertical to MandY Holdings. Now we have a separate 'Department D' handling derivatives and F&O.

It took me little longer time (10 complete days) to understand the derivatives concept - trading on index instead of actual stock. Its interesting but I still feel it has no meaning. Its just a concept derived to earn or loose money. But it can be a good tool to earn and loose large sum of money quickly with less investment.

As I quoted in my previous post, RIL is waving in the range of 1100 to 1400. For last 3 days it was increasing and touched 1385 level. Also, the market was moving up for last 3-4 days without any supporting good news. I thought this is the level from which RIL will come down below 1300 range. Short sold RIL - 75 shares lot yesterday at 1345. By the day end it zoomed up till 1380 raising some tension, but I was quite sure it will come down, hence I carried over by keeping margin.

Today morning market came down as expected, RIL went down till 1320. In the afternoon, Satyam fraud news came out and market crashed. RIL went down to 1200. It is a very bad news for the business but proved great one for me. I Instantly earned ~10K rs (~30% gain) in one day for the investment of 32000 (for margin). Overall my entry in the derivative domain was successful.

Mandy Holding kicked off well. Expansion is also giving good profit. We have structured ourselves into following departments:

* Department E : Dealing with Equities
* Department D : Dealing with Derivatives
* Department ZERO : Dealing with Equity Research - The name signifies it wont generate any revenue by its own but it can increase the value of any other if coupled appropriately.

This is just a beginning. We are Hiring now !!!! But ... come with your own money :) its recession time after all :D

Please don't take everything seriously ... Just kidding ... this is just my part time business. I make and sell games for living for which my company pays me a fix salary of 7 rs. per minute plus bonus. And I am currently very happy with that.

Chak De Gaming




Chak De Gaming !!!!

Life @ indiagames

.


Enjoy !!!!!!

Unfortunately, I am not there even in a single frame :(

MandY Holding - First Trade !!!

My First Trade  !!!!!!

Bought RIL 3 stocks for 1257 and sold at 1293 gaining 108 rs. The gain is not much ... just 3 % but its my first ever trade using my own DMAT account :) This stock is swinging between 1050 to 1350 range in last two months. Some analysts are predicting it to go below 1000. I see an opportunity to gain some money in that swinging range. Lets see ...

Now bought 10 stocks of UTV at 269.5 . Hope Ronny and team will pull the share up. Disney also has significant stake in the company.

Funny Caricatures

Got it on mail from friend. Sharing them here ...

 
Nice ones. isn't it ?