Tag Archives: corporate life

Money — Love it or Hate it

This concluding part of the philosophy of money (to appear as a column in the May issue of the Wilmott Magazine) shares my private disappointment that whatever I wrote up may not have been as original as I expected it to be. But the concept of money has been around for a long time now, so I should not dwell on it too much. Continue reading

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Money — Why do We Crave it?

Having looked at the how of money in the last post, here is the why of money in this third post in the my mini-series. Why do we want it so bad? Continue reading

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The Ultra Rich

This second post of the mini series based on my upcoming column in the Wilmott Magazine looks at how people make money in a scalable fashion. It was posted earlier in this blog. Continue reading

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Philosophy of Money

Here is another mini series of posts based on an upcoming column of mine in the Wilmott Magazine to appear in their May issue. I have posted similar ideas here before, but this series will put them together, hopefully as a cohesive whole. This first post of the series looks at the unphysical nature of money. Continue reading

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Happy New Year!

Here’s wishing you a Happy 2010… May your resolutions hold up longer than those of the years past. And may you find peace, happiness, good health and prosperity. Continue reading

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Midlife Crisis

On what is important in life. And what is not. Continue reading

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Modeling the Models

Mathematical finance is built on a couple of assumptions. The most fundamental of them is the one on market efficiency. Is it wise to trust this assumption? Are there limits to it? Are we operating at the right scale to ignore the shakiness of the market efficiency assumption? Continue reading

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Group Dynamics

People tend to follow the money gradient. When a particular field is lucrative, more people tend to end up there. During the IT boom time of the previous decade, most of the talent flowed in there. Finance also has been a not-so-strange attractor for academics. Here is a look at the culture shock associated. Another excerpt from my upcoming column in the Wilmott Magazine. Continue reading

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Philosophy of Money

This short piece is part of a column coming up in the Wilmott Magazine. Although summarily treated as a sort of curiosity, this idea may indeed blossom into a full-length book. For that reason, you will find more posts on related topics soon. For instance, why is it that hard work does not always equate to enhanced bank balance? Why do celebrities and entrepreneurs make so much more than normal employees? Want to know? Stay tuned… Continue reading

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Slippery Slopes

The last post in this series, this one exposes the extreme cases both in allowing and in denying bonuses, and their implications. Both the options imply our acceptance of certain economic idea. And, as with most things in life, it is not quite clear which is right, once you think long enough about it. A happy and stable middle ground is what we should seek and find. Continue reading

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Profit Sharing

If you generate profit, don’t you deserve a share of it? Profit generation and increasing shareholder value — these are the hallmarks of top talent in our capitalistic world view now. What is good for the shareholder is certainly good for the talent as well. Continue reading

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Talent Retention

Another common argument is that bonuses are necessary to retail the so-called “talent.” Are they? Continue reading

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Talent and Intelligence

If hard work does not entitle us to fat bonuses, perhaps our “talent” does? This is the third in the series of posts based on an upcoming column of mine in the Wilmott Magazine. Continue reading

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Hard Work

The second in the series of posts based on an upcoming column of mine in the Wilmott Magazine, here is the common argument about hard work and the perceived entitlements. Continue reading

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Bonus Plans of Mice and Men

This is another series of posts based on an upcoming column of mine in the Wilmott Magazine. In this series, I will examine at the arguments for and against huge bonuses and golden parachutes. The first in the series, this post merely sets the stage for the next half a dozen. The starting point of this series is the public resignation letter by Jake DeSantis, ex-EVP at AIG, and his reasons for believing in the fairness of the huge bonus packages. And my arguments against them, with the personal suspicion that my views are perhaps more a case of sour grapes than of moral high horse.

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How Much is Your Time Worth?

Time and money represent the basic conflict of work-life balance. Here is an unreal look at the old problem. Continue reading

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Unreal Stress Reduction Techniques

Stressed out at work? Try these stress-reduction techniques. Well, musings, really… Continue reading

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An Office Survival Guide

It is a jungle out there. Do you have what it takes to survive? If not, don’t worry, I’m here to help. Continue reading

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That Time of the Year

It is that time of the year again — the time for the dreaded annual performance appraisals. One friend of mine told me about one of his direct reports who actually started having a heart attack in his office during the APA! Here is a look at the pluses and minuses, originally published as a column in a Singaporean newspaper. Continue reading

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Stinker Emails — A Primer

Another old gem from my newspaper columns collection, this post talks about email duels that all of us have gone through at some point in our career. Enjoy! Continue reading

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