To Diet or Not - The Million Dollar (few kilos??) question

Diet - the four letter word in the vocabulary of every woman once they attain consciousness. Like all true self respecting women, I have been aspiring for the hour glass figure for many years (with passage of time a few decades) now. My typical dieting experience will start with something like this. An unhelpful acquaintance will go (rather loudly)  " Have you put on weight??"". My normal response is " Oh! Maybe. But as you know I do not worry about it much. It comes and goes." The truth is it only comes and never goes.

I will come home all miserable and blame the whole world, corporate life, stress, husband, kids, the cook and ofcourse god for my poor metabolism. Since I have been fighting the battle of  girth from my teens it has almost become second nature to me. The usual excuses are : (1) Its genetic; (2) Its menopause and hence higher water retention; (3) Lot of stress eating recently; (4) Festival season and a few other predictable ones.

The blatant truth: I am a foodie and love to eat.

I recently read a nice book titled "Confessions of a serial dieter". The author had highlighted her battle with the bulge and the various remedies she experimented with. Unfortunately I was interested more in her food pre-diet rather than her regulated diet. I know a lot of people who fight this battle constantly with various levels of seriousness. For myself I have figured that if I can manage to do portion control for a period that is a decent success. Whether I can move to all the diabolic diet regimes - not sure. For now, the scale is atleast stable though there is no movement downwards. As and when there is a genuine southward trend due to perceptible efforts on my part will be sure to share it.

Cheers

Circuit breakers for the financial markets

Had an opportunity to attend Dr.Reddy's lecture on the impact of the global melt down and its impact on the financial markets recently. To start with - a great lecture with his usual brand of dry humour and sharp repartees.
Some of the broad points he made were perhaps critical and prima facie appears really simple. He talked about macro economic imbalance across sectors leading to political thought process working in a particular direction. Another key point was the inability of the system to act as a check on itself, in effect where the problems in one circuit not leading to a grid collapse.
So how can or can we build circuit breakers at all?? The answer would perhaps be an yes and a no. The theory of free market with reference to the financial sector to some extent is flawed because, money unlike any other commodity can flow across economies and sectors at high speed. For instance let us take an actual product like energy. Irrespective of the limitless availability of energy, it is not possible to find uses for it (atleast in the short term). The lack of demand per se acts as a dampener for additional capacities coming into the market. Whereas in the case of money, there could be demand created, services procured and risks taken because capital is available. More the capital availability (albeit other people's capital) the less prudence gets exercised in using the same for unproductive uses. Hence while a porous and free fianncial market is in theory great, the fact that capital being available can perhaps lead to one side of the market enjoying the benefits while the system as a whole takes the risks.
So a circuit breaker for capital can perhaps only come in the form of regulation as in most such overheated situations, one has not seen the market performing this role effectively. The broad point being made by Dr.Reddy included the fact that the Indian regulators did not get over excited about asset prices which led to fairly conservative practices by the banking system as a whole.
A recent comment in one of the financial daily talks seems to indicate that the bankers are having selective amnesia with reference what happened in 2008. If this is indeed true, perhaps the woods are again crawling with the guys who are intent on overheating the system and collapsing the grid.

Reunion

Visiting one's alma mater after two decades always brings mixed feelings. The IIMA 90 batch reunion brought a perspective of not only ones friends / batchmates and the developments in their lives. Also the institute itself seems to have evolved in some respects while remains the same in others.
But as a dispassionate observer, I felt that all the IIMs (perhaps all are centres of excellence on the education front) are going to be in for a big challenge in the next two decades as there seems to be a severe stress on student teacher ratio, proliferation of MBA schools (albeit of different shades) compounded by the reality check from the market thanks to Wall Street debacles.
So how is it going to impact us - professionals?? In the short term perhaps not at all. But in the medium to longer term, perhaps the issue will become one of reinventing oneself in whichever avatar one chooses to be and also to constantly adapt to market realities. While on the one hand I do feel sorry for those young graduates who may find a gap between their ambitions and market reality, it will perhaps also prepare them for their future.
One wishes all the best to these young and promising graduates.
Cheers

Hello to the World

Hi,

Our 61st Republic Day seems to be an auspicious day to start blogging. Hope to put interesting and insightful things sometime.