Mahatma Ghandhi

Worth pondering about:

Mahatma Ghandi said:
“There is nothing that wastes the body like worry, and one who has any faith in God should be ashamed to worry about anything whatsoever”
“Nobody can hurt me without my permission.”
“Be the change you want to see in the world.”
“You may never know what results come of your action,

equation solution needed

i have been trying to solve complex equation (which pulls in many directions)
which leads to +ve solution- end up
crashing the system or always get <=0.Any comments, support and expertise is welcome.
I am keenly looking forward to this...
Please comment or any person i can talk to...
It is taking hell a lot of my time..
thanks

DP world IPO

DPW IPO is quoted below issue price.

Reasons not clear.
News people may be thinking on this lines:
Proabably was not really oversubscribed to the extent claimed
Allocation mechanism is unclear.
Possible Dhs > USD exchange rate change

Consequences I can guess..
Will become difficult for other companies to go to market
Will become difficult for DPW to approach market again.
Short term speculators would have been burned badly

obesity

I was waiting in the doctor's room. Just counted number of people who were obese.
My estimate is that about 60% of the population here is obese.
Obesity is becoming a epidermic...... especially among Indian and Arab population.

Gujarat elections

Few observations:

1. Many of the BJP defectors were given tickets promptly by Cong.. The point is moment they jumped the ship they became untouchable 'merchants of death' to paragons of virtue. Most of them were given the boot by the people, as expected.Anyway, most of the fellows were incompetent/corrupt morons,
2. Superb marketing effort by BJP/Modi
a. Clarity of message
b. Change of message in response to message from competition
b. Branding - colour scheme of Modi, stage, flags etc

Citibank woes

Kind of expected problems with Citibank.
I had a bad experience:
Citi was happy to accept my small IMD (issued by Govt of India) deposit of $USD 25,000, promising the best commission among all the agents in dubai.
During accepting deposit no questions were asked and was told that on allotment commission will be paid promptly.
They gave all types of excuses for not paying, making it clear that they don't want small customers like me. Finally, afater many months I wrote a nasty eamil to their head guy & openly insulting the manager here finally I got my money.

This is typical charteristic of a bank which promises a lot during accepting the money but thinks nothing of not delivering it when it is time to give returns.

Foreign exchange rates

UAE has decided not to change exchange rate w.r.t. USD along with other GCC states.
I can understand the decision not to move from Dollar peg but can't understand why
rate could not be changed.
Those of us from other countries like India, UK etc it is pretty bad
*- INR has appreciated by 12% this year alone
* - Relentless inflation and cost of living expenses imposed by the govt agencies

Places like S'pore govt keep a tight lid on living expeneses of common people to
make it attractive for investment

leadership

Lately, I have been reading up on leadership
Characteristics of a visionary leader in my view :

1. See a trend ahead of others
2. Ability to take a decision with insufficient information; ability to take risks & tolerance for mistakes
3. Constancy of purpose
4. Support people who do original things and are unconventional