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Five minutes from my finance class.

So Professor Pinkerton (my finance professor) is a great story teller. Once during his Europe tour with his students, he was invited (along with his students) to visit a head quarter of one of the investment banks in Italy where his friend works.

It was no less than a grandeur museum. High ceilings, awesome arts and paintings all over, lowly rising stairs with fantastic design. Mr. Pinkerton and the group were admiring all those beautiful arts and design as they head to the board room. The board room was even better. It has a great collection of arts from all over by world’s most famous artists and the whole room looks so surreal. Mr. Pinkerton’s instant thought was that this room has more than 100s of millions worth of arts.

And his friend starts explaining about the bank operations, vision and its targets. When the bank’s balance sheets and the income statements were shown, it raised quite a few eyebrows. It was far from impressive. And a lot lot worse than the grandeur and the art that bedazzled everybody in that room.

Then suddenly a student’s hand goes up for a question. “How did the bank afford such lavish paintings worth millions of dollars when the bank is struggling with its finances with that meager performance in ROE?”

Mr. Prinkerton’s friend wasn’t offended or showed any sign of stress and discomfort at the profound truth of the question. He had a big grin in his face and he only had 3 words as an answer.

“This is Italy”.

(Picture: Castello Conti Guidi)
(The picture is just my imagination of how grandeur the whole room had looked like. Nothing to do with story above except for the Italian arts)

Note: This post was written using Google Chrome.

Choose a career that is scalable. [An advice flow from Nasim Taleb to me which he got from one of his seniors]
Here is an example.

An artist with his/her new album, doesn’t have to sing those song for each set of different audience. The songs are recorded and made into an album and could be replicated zillion times for it to be used by entire human kind. And it can also be stored for the future generations as well. So the effort is the same if its for 10 audience or 100 million audience. That’s the power of scalability.

Compare this with a top neuro surgeon. No matter how good she is, she always has to be there (operating theatre) to operate on the patients. To serve 100 patients she has to be there with 100 patients and operate at least 100 times (hopefully she is good enough that an operation is enough to treat his patients). She can’t just operate a masterpiece operation and wish it to be replicated.

Picture: [My room] Golf ball and my Music Controller

This is my kinda life. Back pack, take a camera and be in the wild. And Explore.

Special Mention: Labor day weekend VA outdoors with Puja and Anit.

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