Waamax

[Source: Wall Street Journal]

Herndon – For the Win!!

- Money only makes more of what you already are.
If you are an a****le it will make you a bigger a**. – Gerrard

- The baby that cries the loudest gets the mother’s milk. – Gerrard

- You thinking about Project Management? It’s all common sense boy. – John Nastelin (MY PM for the CVS AM project)

- Marriage is an absolute business decision. – John Nastelin

- Being good is not a qualification. Nor is nice. – Ram Natarajan

All the finance and economic classes that I have taken over the last 2 years focused on one really important concept – “The efficient market”. What that means is, given sufficient time (in fact not that much) any two different strategies you take in any position will yield you the exact result. To make it clear let’s imagine that I run a business that sells baseball bats. And I sell each of those for $1. One day I somehow figured it out that I can purchase baseball bats from Mexico (just for a change – we are so used to say China for all those outsourced products) for 1 peso (let’s suppose that 1 dollar = 2 pesos – exchange rate). Now I can take a dollar to Mexico, get 2 bats and sell them and enjoy the difference. Well my neighbour found about my smart idea and decided to do the same. Shortly many followed. Then there was huge demand for bats in Mexico and it was no longer available for a peso. It now cost me 2 pesos. Now it didn’t matter where I buy those bats because it would cost the same. This is how efficient market works.

I saw similar activity in the traffic pattern near my residence here in Centreville. One side of the double lane road is up for construction for a while now. So that reduce the road capacity to half. And add to that the traffic merging from the right of other incoming road. Result – the timeframe from 4PM to 6PM where everyone is coming back from office to home, it takes almost 30 minutes to travel the 1.5 miles of my commute. Well that explains my reason for leaving work early. And it’s hard to convince my gang who commute everyday from Maryland (more than 30 miles) for my early departure. So it has been a case for a while now until last week I was too bored to wait 5 mins to move an inch. I then tried something different. I took an early exit and tried to find a random short (hopefully) way to home. To my surprise there were already handful of cars taking the exact same route. And to my even bigger surprise all those cars were heading to residence really close to mine. Great. The time was greatly reduced to now – 30 minutes to almost 7 mins. Life was good for a week. Then I see more and more cars taking the same route. Yesterday it took me almost 20 minutes to get home following my so called “short cut” route. With the cars being diverted through two routes now, I pretty much expected the time following the original route to be almost the same. I gave it a try today and it was pretty close.

Well this is an efficient world.

So I decided to jump right into the new wordpress 3.2.1 without much consideration. Well, I was having problems with my sidebar not showing in the correct place in my front page and I thought it would be fixed with an update. There I go. So I deleted all the folders without even thinking about the pictures I have included in my blogs (yeah I lost all of those except for those I have linked through the web url).

And apparently that didn’t solve the problem about the side bar at all. So here I am; wasted 2 good hours, lost most of my pictures for the blogs and still wandering in the wild with the correct theme to support this so called “updated wordress”. Phew. Wasn’t worth it at all.

Believe you can change the world.
Work quickly, keep the tools unlocked, work whenever.
Know when to work alone and when to work together.
Share – tools, ideas. Trust your colleagues.
No Politics. No bureaucracy. (These are ridiculous in a garage).
The customer defines a job well done.
Radical ideas are not bad ideas.
Invent different ways of working.
Make a contribution every day. If it doesn’t contribute, it doesn’t leave the garage.
Believe that together we can do anything.
Invent.