Monday, February 25, 2008

Cricket is a lonely game, lonelier to be preciese

Just to quote from an article about this book :

By His Own Hand: A Study of Cricket's Suicides
by David Frith



Some excerpts :



"Tension and psychological stress in cricket are greater than in most other sports," it cannot be dismissed out of hand. Especially when he says that findings show the suicide-rate among professional cricketers around the world is higher than in any other sport.

"Only superficially is cricket a team game. It is an individual game, and a lonely one. The player has to work out his own solutions in his playing days, and after retirement train himself not to dwell on the past too much."

David Frith's By His Own Hand is a study of some 80 cricketers who committed suicide, and few write with his breadth of vision and depth of knowledge.

"Cricketers are vulnerable because the game attracts sensitive men of aesthetic temperament, the very men who are, in the end, least well served by it."

Jodhaa Akbar















Forget the historical correctness, no one is sure about it.
Watch it as a work of fiction, and you will love it.

Monday, February 11, 2008

Another quote couplet

Submit and be saved. - Jesus Christ
Defy and be damned. - Karl Marx

From the prologue of
"Tibetan Journey", a book by George N. Patterson.

A quote couplet

"Life is unfair, get used to it." - Bill Gates

"The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. "
- George Bernard Shaw

But Bill Gates has made a lot of progress Mr. Shaw, and not only for himself but many
others as well. Or hasn't he?


Sunday, February 03, 2008

P/E ratios

I was just comparing P/E ratios for the same company(ies) in various publications.




















MoneycontrolRediff MoneyTimes-of-India
Bharti Airtel30.0242.6729.7
Reliance Industries20.4932.4819.8

So, there is a clear difference. Moneycontrol and Times calculate PE based on trailing twelve
months whereas Rediff calculates based on exactly an year ago.

For e.g. a company A has following quarterly earnings :
Mar'06 : x
June'06 : y
Sep'06 : z
Dec'06 : w
Mar'07 : p
June'07 : q
Sep'07 : r
Dec'07 : s

So, to calculate P/E today(Feb'2008), Rediff would take E = x+y+z+w but Moneycontrol
would take it as E = p+q+r+s.