e-Nagar

October 25, 2006

Comparison study : Appraisal and Resignation

Filed under: Cartoons, Humor, salary — Ankur Aggarwal @ 4:41 am

review meetingIn appraisal meeting they will speak only about your weakness, errors and failures.
In resignation meeting they will speak only about your strengths, past achievements and success.

In appraisal you may need to cry and beg for even 10% hike.
In resignation you can easily demand (or get even without asking) more than 50-60% hike.

During appraisal , they will deny promotion saying you didn’t meet the expectation, you don’t have leadership qualities, and you had several drawbacks in our objective/goal.
During resignation, they will say you are the core member of team; you are the vision of the company how can you go, you have to take the project in shoulder and lead your juniors to success.

There is 90% chance for not getting any significant incentives after appraisal .
There is 90% chance of getting immediate hike after you put the resignation.

——————-
Having a bad day?
Well just remember, you could be a Siamese twin stuck to your gay brother who has a date tonight and you share one a$s!

October 24, 2006

Inspiration and motivation

Filed under: Travel — Ankur Aggarwal @ 1:16 pm

Today I watched the remake of the movie Don. Shahrukh Khan who claimed that he did not even knew how to ride a bicycle learned how to ride a car….. all in the middle of a police chase…. his motivation… the gorgeous Priyanka Chopra who was sitting next to him all along.

Sounds filmy… so did I thought, but then I looked at myself…. this weekend I not only learned how to ride a bike… that too after a brief 15 minutes flat tutorial from a reluctant friend….. And I learned it wonderfully enough to drive it over the hill slopes, highways of goa and even to places where there were no roads carrying a pillion who had no insurance…

my motivation?
Well I had 2…. first the wonderful bike ‘Natasha’…. and second my beautiful friend.
bike
Who says real life cannot be filmy ;)

October 19, 2006

ULIP Insurance

Filed under: Investing — Ankur Aggarwal @ 9:00 am

You buy an ULIP (Unit linked Insurance Schemes) insurance policy, which claims of 10% returns each year… year after year (4% more than what bonds pay you)
1) Where is my money going?
For the first 3 years your policy has ZERO surrender value and in the fourth year it does get some value which is less than the Principal you paid!!!!
1lakh @10% interest after 3 years becomes = 1.331 L
After 2 years 1.21 L
After 1 year 1.1 L
Immediately 1 L
So you paid them 4 L and your money ideally should have become 4.641 L, but your surrender value is 3.80 L
So you lost 84100/- (doing what?)

2) You might say insurance?
Mind you the premium for Term Life Insurance Policy is 4100/- p.a. for 25 lakhs cover
So you are still losing 47100/- at the very inception.

You are investing for a very long term in a newly formed private company. It does not look good if cons you through some hidden charges on the very first day.

2) Markets rise Markets falls. You are going to dip into your long term assets only when you have no other choice. Assuming that at the time of death/financial crisis the market is at its peak is something which is too much to ask for. If your emergency fund value fluctuates so widely, where is the sense of security?

PS: I firmly believe that each individual should have a contingency fund and an insurance to gear him for the unexpected. All I am asking “Is this the right scheme?”

October 18, 2006

Death of an Idea

Filed under: Thoughts — Ankur Aggarwal @ 10:47 am

The difficulty lies, not in the new ideas, but in escaping the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.
-John Maynard Keynes

Creativity loves constraint, but creating artificial barriers (mental/process) simply kills a wonderful idea.

Let me narrate a real life incident:
Big reorganization is happening in my office. The resulting suspense and tragedies are leading to lots of interesting water-fountain gossips.

Yesterday, an office colleague, got really amused and remarked. “Someday, when I have enough money, I will make a movie out of it.”
I said “Why wait for tomorrow, just write a script and by Christmas you can shoot it.”
To my suprise people ended up staring at me as if I am doing some blasphemy.

Every day about 100 new movies are published on YouTube. For a 100$ they buy/rent a video cam and gather the neccessary equipment. They creates costumes out of everyday garments, use the offices (weekends), parks or personal homes for sets/background and just shoot often under natural light.

Most of these movies are no better than the skids and dramas we used to have during the high-school, but they always convey their meaning.
Technology has made everyday movie making a very economical weekend hobby, yet most people are so much used to Karan Johar kind of megalomania that they just can’t think practical.

The result is that this idea ends up along with the ideas of crossing the oceans in rafts, cleaning the attic and other crazy stuff which you plan for but never execute.

October 16, 2006

Radioactive Boy Scout

Filed under: Thoughts — Ankur Aggarwal @ 4:12 pm

The first nuclear reactor was build in the late 30ies and tested during the fag end days of the 2nd world war. So as on this day nuclear technology is 70 years old. Everybody who had science in high school would have learned chapters after chapters about fission, nuclear reactors, hydrogen bomb, cyclotron etc. The technology is very old, high school students have access to the basic principals… what is stopping them from making one?

In fact I recently came across a book where a high school kid from Michigan actually made a rudimentary nuclear reactor in his own backyard. Scary isn’t it?
Well when will politicians and statesmen realize that you do not need a multi-billion dollar facility and government sponsorship do achieve these feats?
Suppose a bunch of kids from Iran create a mushroom cloud for New year/Ramzaan/ 4th July/ Deepawali etc. What should the government do? Should they hail them as heroes or do damage control and banish them from the country?
Even though no body was harmed should they be treated as scientists or as fellow anarchists?
Even though the government has no role to play would the UN/USA put trade sanctions/embargo on countries like Iran?

—–
How would UN/USA and nuclear power react :
1) Trade Embargo: Members of such household are hereby forbidden from exporting/importing goods and services directly from other nations.
2) Sanctions: Members of such household are debarred from all government aid programs. They can no longer get free food grains under PDS (Public distribution system), they will not get subsidized education and Medicare.
3) Weapons inspection: Officers will repeatedly knock at your door, strip search you just to make sure you do not capabilities to manufacture WMD
4) What if you do not cooperate: They will bomb you to Stone Age, and then try the head of the household to causing the misery to the rest of the family. Finally the report will conclude that no WMD was found.

October 10, 2006

World is a small place

Filed under: Humor, Thoughts — Ankur Aggarwal @ 12:13 pm

International piss off
1) A customer (USA) gets angry on a Chinese product (CHINA)
2) Vendor yells at the suppliers and board manufacturer (Taiwan)
3) Suppliers yell at the chip manufacturer’s marketing team (Europe)
4) He gets angry at the Chip Lead (USA)
5) The Chip in-charge yells at the software manager (Bangalore)
6) That manager yells at this humble developer (cube-farm)
7) That mute developer vents the frustration out at this online friend. (internet)
8 ) That online friend wonders if he lodged the complaint in the first place.

PS: based on a true story.

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