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Showing posts from August, 2015

Blimey ...

This has to be the best find on You Tube for the longest time. Anyone who has spent a couple of years in Australia would find this hilarious. To most Australians, this would be fucking funny. The great thing has to be that its produced and scripted by our Indian friends, who obviously have lived long enough down under. The series were not done entirely by OZ-affected Indians, they have a couple of white Aussies producing this shit.

Enjoy ... you wankers.

Panic. Judgment Day. Carnage. Meltdown.

The headlines for the past 24 hours seemed like great blockbuster movie titles. If you haven't already acted to realign your portfolio, now would be too late to get scared.

Emerging markets currencies collapsed, and to a lesser extent their stock markets. As explained before, the whole shebang can be largely explained by:

a) the bastardisation of developed countries' currencies (USA, EU and Japan) ~ liquidity

b) the slowing of global demand ~ demand for commodities tanked

Some of the liquidity went into:

a) higher stock prices

b) even more liquidity went into property ~ thanks to the low interest rate environment pegged to the developed nations' rates

So, what is the present carnage all about then. Isn't it sufficient to see emerging markets fall both in their currency and stock prices?

The fact that developed markets worldwide are falling in tandem are due to:

a) an unexpected volatility and mismanagement of the China's stock markets ~ a reflection of a real slowdown in Ch…

An Affair To Remember

I used to think I would find my soul mate if that person could tell me the linkages among the 3 movies: An Affair To Remember, Love Affair and Sleepless In Seattle. Yes, these are all the so called chick flicks, but to me its a lot more than that. Who doesn't adore An Affair To Remember with Cary Grant and Deborah Kerr. Love Affair, an absolute labour of love from Warren Beatty and Annette Bening, was a remake of An Affair To Remember in 1994.

Sleepless Seattle made tons of references to An Affair To Remember, and it would have layered meanings when Meg Ryan met Tom Hanks at the top of the Empire State Building. But, you should watch all 3 movies to truly appreciate what I am saying.

While some knew that the 1994 Love Affair was a faithful remake of the 1957 An Affair To Remember. What most do not know was that An Affair To Remember was also a remake. The film is considered one of the most romantic of all time, according to the American Film Institute. The film was a remake of McCar…

Emerging Markets Conundrum

Suddenly we have emerging markets' currencies being whacked left right and centre. Suddenly we have a plethora of headlines and expert views on the situation. 

Where were all of them BEFORE? Including yours truly here ... most commentators will only comment on the situation AFTER it has presented itself. We will all try to sound masterly and professional when asked for our views ... which is why the financial industry is possibly the most over-rated, over-loaded with bullshit ... employing the most pathetic "hope-they-don't-find-out-how-average-I-am" souls on earth!

OK, now that thats off my chest, lets see if I can add some value add comments to the situation. My only qualification to comment is based on having ridden through bulls and bears from 87 till now, plus having lost sufficient money which hopefully translates to what we refer to as 'experience'.

Let's see if I can try to make more sense of the situation:

How did we get here?

a) wasn't really the…

Losing My Religion

Taleb, better known as the author of The Black Swan effect ... has hit many nails on the head with his views on "religion".

Nassim Nicholas Taleb 11 hrs · Edited ·  People rarely mean the same thing when they say "religion", nor do they realize that they don't mean the same thing.
For early Jews and Muslims, religion was law. For early Jews it was also tribal; for early Muslims it was universal. For the Romans religion was social events and festivals (law was separate ). For Jews today religion became ethnocultural, without the law --and for some, a nation. Same for Syriacs, Copts, and Maronites. For Orthodox and Catholic Christians religion is aesthetics, pomp and rituals. For Protestants religion is belief with no aesthetics, pomp or law. For Buddists/Shintoists/Hindus religion is philosophy. So when Hindu talk about the Hindu "religion" they don't mean the same thing to a Pakistani as it would to a Hindu, and certainly something different for a P…

Cooking With Dali - Kick Ass Corned Beef Hash

I am constantly amazed when I order anything corned beef hash, they usually end up as disappointing. This is my kick ass version.

Cut up two onions and three potatoes. The potatoes should not be too diced up as it would turn mushy easily - they should be bite size and I always leave the skin on.

Sweat the onions and cook them with the potatoes so as to partially precook the latter. 

Sweating the onions mean some oil, medium to low heat to soften the onions. Its done when they are near translucent and soft but not too soft.Sprinkle a half teaspoon of sea salt and one teaspoon of coarse black pepper.

Take a can of corned beef, any brand will do but definitely not those from China ... and none of those pre-seasoned corned beef, just a normal can will do.

Use half a block of very good quality salted butter. Melt it and mix with the beef. Keep it at medium heat, stirring every 30 seconds.

 You need to see the colour change from red plum till its nearly very dark brown. Most cooks do not cook the…

The Best Jibe At OZ Cricket's Dashed Ashes

If you follow cricket, the Ashes is the pinnacle event to follow because it pits England with Australia only. The English team has had a mediocre rebuilding team for the past 5 years, compared to the mighty Aussies which has stayed in the top two status for the longest time. 

In the current fourth test, which already sees England leading the best out of 5 series by 2-1, the Aussies had to at least win one and draw the other test to retain the Ashes. A Test usually runs for 5 days and it is normal for a team to bat for at least a day or a day and a half. The entire OZ team went out in about one hour and while 60 runs is not the lowest ever score, its pathetic in terms of number of deliveries needed to bowl the whole team out.

Naturally in this Pommicide, there were plenty of jibes at the Aussies, which I follow. But the most telling, funny and hurtful is the TWEET which summarises the whole innings in one tweet. There are 140 characters allowed I think, and in normal cricket scoring one …

Wild Is The Wind

Cecil has been in the limelight for the past few weeks. It is very easy to be angry and condemn the trophy hunter. But lets be fair here. It is a horrendous act for sure, in particular when we put up the majestic picture of Cecil the lion - images of The Lion King only helped to fan the flames of fury.  But I think the general populace have over-reacted and jumped on the bandwagon of herd mentality and herd-like fury. The anger while understandable has certainly gone way way way overboard.

Let's look at some factors which we need to consider:

- we should not hunt esp when the specie is endangered

- we should never encourage hunting as a sport, esp when we do not make use of what we obliterate (i.e. if we hunt for something, we should make use of it by way of food, etc..., btw when we kill to accessorise, thats pretty bad and unnecessary too)

- cuteness and how majestic an animal may look should have NO effect on how we feel and how we react to the reprehensible act ... why we have no …