Sunday, June 20, 2010

Day 4 - Of Peter Lynch and a cash-strapped friend

First up, my sincere apologies for being unable to post this item last night. I was slightly incapacitated by my rigorous academic schedule, lack of sleep and difficult and almost superhuman presence in extracurricular activities.
On weekends while most people, lounge around at home, party with friends or just be happy among themselves, the administration of my great institution believes that a tough manager can only be produced by molding him in the fires of Mordor Indore on a hot, steamy, sultry and hostile Saturday afternoon. I second this idea and believe there should be no weekends at all. After all we are not here to enjoy our lives. We are just tiny cogs in the wheel of capitalism and this wheel has got to keep moving nigga!
Anyway, the day yet again began with the FMCG class with us making further progress in Concept writing. It was yet another good lecture by Prof Ramesh. I wonder why we cannot have him in First Year itself. But that would render in-house faculty Prof AS and Prof SM jobless which would not be very pleasant.
Corp Banking was a good class too with Prof Vaidya talking about the process through which banks allocate credit to companies and the role of regulation in this setup. Sir also briefly spoke about the role NBFCs in the banking sector. Yet another good class.
The next two lectures were probably the most interesting Finance classes I have ever attended. Dhillon Sir made the SAPM class so interesting that for a moment even I was in awe of him. For the next 2.5 hours we tried to understand Peter Lynch's investment philosophy, which was quite simply, astonishingly smart. From being a caddy to managing a fund of $14billion, he has been proven as one of the smartest and most thorough investors of all time. The lecture was great fun. We are going to study Warren Buffett in about an hour's time from now which is extremely exciting stuff!
After the SAPM lecture Prof Ramesh conducted a session on careers in Marketing which was very insightful and informative. Overall, a long but great day at school.
After a brief game of football, in which yours truly put the other players to shame, we headed to Sayaji for dinner. We wanted to go to the newly opened Radisson  but treat-giver and newly-engaged friend Mayur showed us his bank statement, after which we had to make the heart-breaking but rational choice.
 (L-R) Pratyush (sailor1), DG, Mayur, Dwivedi (Sailor2), Anjani, Me and Junglee Ghissoo.

On finding Kebabsville full, we went to the Sanchi restaurant which, contrary to my expectations, was done up very opulently. The food, in my opinion, was just okay, but that did not deter dear friend and chicken lover Ram from emptying one plate after the other.
Mayur, who normally has the appetite of a sick sparrow, also ate without inhibition, maybe because he was going to pay for the eight of us. Good thinking dude!
By the time we got back it was really late. After working on my never-ending project report for some time, I     Ram (left) and Anjani fighting over a chicken breast
accidentally fell asleep on my Dell. I was pleasantly surprised when the cheap machine booted up in the morning. I like Dell.
It has been a hectic Sunday until now but I'll give you the dope tomorrow. Happy Sunday siesta folks!

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