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It doesn’t matter what your probability of failure is. If there’s a 90% chance of failure, there’s a 10% chance of changing the world.

I have a surprising perspective that is almost nothing that is not open to technology innovation.

We are now in an economy of ideas. If you build a great search engine, you make $50 billion.

via General Assembly,  read more >>>

Tweet Time, Sept 2013

some super tweets this month

“If liberty means anything at all, it means the right to tell people what they do not want to hear.” ― George Orwell. … @talismanasreen

All your groceries at the click of your mouse  >>>>>   …. @sjpatil

If you ever want to commit suicide, jump from Barkha Dutt ‘s Ego level to Sagarika Ghose ‘s IQ level.  …. brilliant! ….. @iNeelSoni

The lies of Sanjay Jha exposed   >>>>> ……  @livemint

Only packs of jackals have dynastic succession. Whereas, prides of lions have a fight between rival lions for leadership. @AgentSaffron

Golf is 10 years of hope, 10 years of hopelessness and 10 years of resignation. …. @shiningbridge

A shot of irreverence is an essential ingredient of an innovative and creative society…. @kaushikcbasu

My RSS senior was once told by Guruji that he should bow head only to Bharatmata, God, Parents n Teacher. Learnt it from him. Stuck to this … @jitengajaria

China consumes 3kg of instant noodles a head. Hong Kongers consume 5kg a year … @FT

The dirtiest actions should be carried out by the most honest men. ~ Meir Dagan, spymaster and former chief of Mossad … @abhijitmajumder

An onion can make people cry but there’s never been a vegetable that can make people laugh. – Will Rogers …. @bibekdebroy

 

 

 

 

 

 

2 greats, Pu La Deshpande and Atal Behari Vajpayee pay tribute to Veer Savarkar
The first 24 minutes in marathi by PLD , next 39 minutes in hindi by ABV.
some takeaways
The best i have heard from vajpayee.  My take, this beats his 1996 parliament speech by a bit
The negative propaganda of the congress party and the lib tards from JNU have never given Savarkar his due share in indian history
The same congress propaganda machine is working full time to demonize modi.
BJP restored some glory to this unsung hero by at least naming Port Blair airport after him
I have been fortunate to visit the cellular jail in Port Blair, if you have not visited Andamans, please plan your next vacation there, history and a beach vacation both in one.
You can guess or deduce when this speech was made.

Golf and the U.S. economy

(via CNN)  How golf helps drive the U.S. economy   >>>>>>

 

Golf contributes  US$ 68 billion to the U.S. economy… World Golf Foundation

President Barack Obama’s love of golf is well documented, one report even claiming he spends more time on the course than in economic meetings.  “One, he’s arguably the busiest man in the world with the toughest job in the world, but he can make time to play. He played five times on his recent vacation in Martha’s Vineyard.

The tournaments such as  the Masters at Augusta and competitions run by the PGA of America, the PGA Tour, the USGA, and the LPGA generated approximately $1.2 billion in 2011

The golf industry is larger than the spectator sports and performing arts industries combined,” WGF chief executive Steve Mona told CNN.

Employs close to two million Americans with a combined wage income of $55.6 billion.

There are two economies in golf.  There’s the participation economy which is about the everyday golf facilities, trying to attract golfers and current players to play as much they can. “Then there’s the entertainment side of golf too and that’s where the professional tours come in. that relates to the interest of the game.

Quote Time, Sept 2013

Invention requires a long-term willingness to be misunderstood….     Jeff Bezos

A degree of foolishness is essential to entrepreneurship……    Vinod Khosla

The more diverse your education, the more likely you will learn how to learn……    Vinod Khosla @ MIT

Those who appear to be liberal evoke even more suspicion than those who are liberal……   Machiavelli

In the next 10 years, data science and software will do more for medicine than all the biological sciences combined… Vinod Khosla

A good leader stirs shit up when things get comfy, and provides cover when the pressure’s on…. Stefan Klocek

If you obey all the rules, you miss all the fun ….. Katherine Hepburn

Rules are for fools to follow and the smart to consider….  Unknown

“The key to making great investments is to assume that the past is wrong, and to do something that’s not part of the past, to do something entirely differently,” ….  Don Valentine

“Creativity is not the game preserve of artists, but an intrinsic feature of all human activity.” …..    unknown

“Logic will get you from A to B. Imagination will take you everywhere.” …..   Albert Einstein

life only makes sense looking backward, but is lived going forward”; punditry is poorer than thoughtful ….

We learn the most from those we have the least in common …..

Almost nobody gets what they deserve, and almost everybody should be grateful for that……

When something bad happens to you, don’t ask “Why me, Lord?”, because it makes Me look bad in front of the angels….. GOD

 

 

super documentary on the world’s greatest investor.  lot of subtle points to take note of. a must watch.

About a year and a half ago, Town Essentials started a direct to home service, supplying grocery and vegetables. In various conversations with Town customers,  realized that customers were benefiting in many ways.  Some of these benefits, can be  classified as tangible and some intangible.

Would like to share some of these benefits, they are:

Time, Time, Time:  For the Indian professional and especially working couples, time has become very scarce, long working hours, lengthy commutes, whatever little remains is personal or family time.   If any free time is available,  the last thing on anyone’s  minds is grocery shopping.

Even, if  one liked shopping, you have to hustle, take out your car or two-wheeler, drive to the store, finding parking, then shop, wait for your turn in lengthy check out lines,  settle the bill,  then carry grocery to your vehicle,  drive back home,  last lug your grocery from the parking lot into your home. In addition to all the hassle your vehicle has burnt some scarce fuel also. All this can be eliminated by a click of the button and the goods are delivered to your doorstep.  The hassle and the time you save, is an intangible, true cost should  be accounted for, some call it the welfare surplus or quality of life surplus.

Eco Friendly: A brick and mortar grocery store, needs a of lot of energy to sustain the infrastructure. Air conditioning, packaging and the fuel consumed to travel to the store. If there are 100 customers for 100 orders, each customer’s  travel to and fro from the store has to be accounted for. In the case of online purchase, these orders will be delivered with a smaller number of vehicles, reducing traffic on city roads and lower fuel consumption.

Accounts: Keeping a tab of how much you spent by order, day, week, month, year etc can all be tracked. When you go shopping unless you store the bill and remember to capture it, very unlikely you will have the full picture. Using staff for cash purchases has leakages associated with it.

Special Purchases: Party Shopping can be hell, get this from this shop, get that from that shop, already arranging a party is stressful, getting everything together only adds to the stress.

Quality: the vendor is able to supply the same quality across the city. Else you really have to depend on your corner store and you don’t have a choice when the quality is bad.

Choice: Physical stores are limited by space of how many products can be stored. An online store can have an offering that is always larger than the physical space. The store can always deliver slow-moving items, without stocking them.

Repeat: 80% of a monthly grocery list is generally the same as last month. So you can reorder from the last order or most frequently ordered items.

Finally, there are some who just enjoy shopping, for them grocery shopping is a priority,  they love going to markets, touching and feeling the vegetables before purchase. For this category of people, online grocery service is a firm no for sure.