Financial Instruments with Musical Properties (like ‘tenor’)

Once in a while, I invest in bonds, fixed deposits, and mutual funds.

Though I normally do not read the verbiage (I read just the salient features), I have noticed in the last few years, a new term creeping into the jargon – ‘tenor’. At first I dismissed it as one of the typos (attributable to the printer’s devil – a special devil that haunted every print shop, performing mischief such as inverting type, misspelling words or removing entire lines of completed type).

For the benefit of those who have not noticed the use of the word ‘tenor’ in financial jargon, you can see examples by searching for “loan tenor” or “bond tenor” or “deposit tenor”.  The usage seems widespread – all across the world.

And the usage denotes some kind of duration, or term, or period, or tenure (could tenor be just a distortion of tenure with origins in poor spelling used in combination with spell-check/ auto-correction?)

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Occam’s Razor for Design of Systems and Processes

Occam’s (or Ockham’s) razor is a principle attributed to the 14th century logician and Franciscan friar William of Ockham (does this profession  still exist? I am yet to meet a “logician” :-)).

Occam’s razor states that “one should minimize the assumptions to the minimum necessary to solve any problem”. It is a minimalistic principle (often called principle of parsimony) and can be used as a heuristic while doing scientific modelling and building theories.

Though the principle has been found in the writings of earlier medieval philosophers, William of Occam has been credited with it because he was its most prolific proponent.

Occam is attributed to have said something like “Numquam ponenda est pluralitas sine necessitate” (as expected, he did not say these things in any modern language :-))- which means “plurality must never be posited without necessity” [if this was how people promoting simplicity spoke, I really don’t want to know how others spoke]

Various versions/ derivations of the Occam’s razor include:

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Book: Armies of Hanuman by Ashok Banker (Ramayan series book-4)

“The mortal (Rama) stood on the sloping mound, unmindful of the rain and damp, his two constant companions standing to either side. Bow lowered but strung and ready, arrows fitted to the cord. Even the relentless rain had not unravelled his matted locks, bound tightly above his head in the spiralling bun of a forest exile.”

— Chapter 1, Kaand 1, Armies of Hanuman

That is the start of this book, where Rama, Sita and Lakshman wait to battle the last bunch of rakshasas in the Jansthana forest.

Cover Armies of Hanuman

TitleArmies of Hanuman
SeriesVolume-4 of the 8 volume Ramayana series
AuthorAshok Banker

NOTE: Please read the comments on the whole series here , as the reviewer’s opinions on the series are expressed there.

The Story in Book-4

The high-level storyline in this part of the series:

Rama, Sita, and Lakshmana are towards the tail-end of their thirteen year exile. Together with a rag-tag bunch of ex-outlaws and other exiles, they wage a final battale and manage to get the forest of Janasthana rid of all remaining rakshasas. They return to Chitrakut to spend the rest of the days of their exile and start preparing for their return to Ayodhya.

In Lanka, Mandodari, as a caretaker ruler, manages to get some order. However, with Suphanaka’s help, Ravana is liberated from limbo and takes charge of rebuilding Lanka according to his own vision. Towards the later part of the book, Ravana abducts Sita on his Pushpak vimana, using trickery, asura sorcery and brute force.
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Sent “on the move”/ “from my iphone” and things like that

Now-a-days, I often get messages from my colleague Ooonuj that end with:

  • “Sent on the move from my iphone. Please excuse typos and brevity.”

Most of the time, the actual message is shorter than the signature line, something like “OK” or “Will Get back to you” or “On Dec 6”, so I am not sure what kind of typos to account for (is it really Dec 6? or Jan 6? or Dec 7?)

If I did not know Ooonuj well enough, I may have seen hidden messages in his signature line. Here are a few of them:

  1. I own an iphone, and I want everyone to know about it!
  2. I am on the move most of the time
  3. I work while I am moving
  4. I have sent you a message (or responded to you). Therefore, I have met my response time service level. The fact that I have not answered any of your questions should not be held against me
  5. Now that I have sent some response, the ball is in your court
  6. I know how to use the word “brevity”
  7. If I typed something wrong/ stupid, I will blame it on “typos” (I am covered)

However, knowing Ooonuj, here is the real explanation:

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Movie: Madras Cafe (2013, Hindi, India)

Movie: Madras Cafe (2013, Hindi, India)

Madras Cafe is a political thriller seen through the eyes of a RAW field operative, set in the middle 1980s (through early 90s) during the ethnic struggle of Tamils in northern Sri Lanka. The movie starts with the peace accord (brokered by India) and traces the behind-the scenes events that lead to the death of the ex-Prime Miniter Rajiv Gandhi in 1991.

Madras Cafe Poster

Directed byShoojit Sircar
Released inAugust 2013
GenrePolitical thriller, espionage
Cast
  • John Abraham, as Vikram Singh, a RAW field operative
  • Nargis Fakhri as Jaya Sahni, a British war correspondent of India origin (who speaks English throughout the movie)
  • Siddharth Basu as Robin Dutt, boss of Research and Analysis Wing (RAW) who directs the covert operations in Sri Lanka, and mentors Vishal Singh
  • Prakash Belawadi as Bala, Major Vikram Singh’s immediate superior for the asssignement and local RAW team leader based in Jaffna
  • Rashi Khanna as Ruby Singh, wife of Vishal Singh.
Music byShantanu Moitra
Produced byJohn Abraham, Viacom 18 Motion Pictures, and Ronnie Lahiri
LanguageHindi (with a smattering of Tamil and English)
Length2 hours 10 mins

This movie, released in Aug 2013, received good reviews, but did not last long in theatres – its box-office performance is reported to be “average”.

The Plot

The movie starts with the Indo-Sri Lankan Accord in 1987 aimed to end the Sri Lankan civil war between militant Sri Lankan Tamil nationalists rebels (such as the LTTE) and the Sri Lankan military.

The peace accord is violated and the IPKF (Indian Peace Keeping Force) is brutally attacked by the Tamil rebels (who were supposed to be protected by the IPKF). The Indian government attempts to salvage the situation by trying to manipulate various factions of the Tamil rebels, to ensure that the less brutal factions win the planned provincial elections, and continue to be on India’s side.
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Book: Demons of Chitrakut by Ashok Banker (Ramayan series book-3)

“She slapped him.

She put all her strength behind the blow. His face was flung sharply to the right, his vision blurring out of focus before the world swam back into view, accompanied by several motes of swirling light, and he found himself facing the wall. ……

‘Stop it,’ she said….”
— Chapter 22, Kaand 1, Demons of Chitrakut   

The above is an interaction between Sita and Rama, when he tells her that he has to go on a long exile, alone

Cover Demons of Chitrakut

TitleDemons of Chitrakut
SeriesVolume-3 of the 8 volume Ramayana series
AuthorAshok Banker

NOTE: Please read the comments on the whole series here , as the reviewer’s opinions on the series are expressed there.

The Story in Book-3

The high-level storyline in this part of the series:

Rama and Lakshman, under the guidance of Vishwamitra, have decimated the host of asuras moving towards  Mithila and Ayodhya. Rama weds Sita and Lakshman weds Urmila (Sita’s sister). The other brothers of Rama marry Sita’s cousins.

The wedding party on its way back to Ayodhya is challenged by the axe welding sage Parashurama – the confrontation between Rama and Parashurama is captivating. Back in Ayodhya, the duo of Manthara-Kaikeyi manipulate Dasharath to exile Rama. Sita and Lakshman accompany him voluntarily.
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Book: Siege of Mithila by Ashok Banker (Ramayan series book-2)

“… saw the deep blue wave of brahman ripple outward from the tower itself, rolling harmlessly over humans and their animal friends and the city and its structures. But when it reached the Asura armies massed on the south bank of the Sarayu, the effect was numbing.

The dense black hordes of Asuras disintegrated as the wave touched them, turning them to powder…”

— Chapter 13, Kaand 3, Siege of Mithla

The above passage is towards the end of the book.

Prince of Ayodhya Cover

TitleSiege of Mithila
SeriesVolume-2 of the 8 volume Ramayana series
AuthorAshok Banker

NOTE: Please read the comments on the whole series here , as the reviewer’s opinions on the series are expressed there.

The Story in Book-2

In this part of the series, Rama and Lakshman, having completed the task of cleaning up Bhayanak-van of the hordes of asuras start their journey back home to Ayodhya, along with sage Vishwamitra.

Vishwamitra decides that they need to make their way via Mathila, the city where princess Sita lives, because Ravana has amassed an army of asuras to invade Ayodhya and this army is about to trample Mithila on its way.
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Cheating at a Petrol Pump – is this a common ruse?

Petrol PumpOne day while driving from Bangalore to Mysore, we stopped somewhere near Maddur to pick up some petrol. Looking at the fuel gauge, I thought it will be good to top up petrol worth Rs 800/-..
As we drove to the first accessible petrol station without a crowd, the attendant smiled, opened the lid to the petrol tank and asked “How much, sir?”
“Petrol of 800 rupees”, I said.
He reset the pump counter and asked me to ‘check zero’.

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Movie: The Lunch Box (2013, Hindi, India)

Movie Review: The Lunch Box (2013)

Lunch Box Poster

Directed byRitesh Batra
ReleasedMay 2013
GenreRomance, Relationships, Art Cinema
CastIrrfan Khan as Saajan Fernandez, an insurance company officer approaching retirement
Nimrat Kaur as Ila, a homemaker
Nawazuddin Siddiqui as Shaikh, Saajan’s replacement at work
Lillete Dubey as Ila’s mother
Nakul Vaid as Rajiv, Ila’s husband
Music byMax Richter
Produced byAnurag Kashyap, Guneet Monga, Karan Johar, Siddharth Roy Kapur, Arun Rangachari
LanguageHindi
Length1 hour 44 mins

When The Lunch Box was released in India in September 2013, after winning several awards and getting rave reviews from critics, it went on my “must see as quickly as possible” list, especially since the movie had Irrfan Khan and Nawazuddin Siddiqui in the cast. A friend who saw it a few days ago also had some good things to say about it.

And then the controversy about the Oscar nomination for the Best Foreign Film category from India (The Lunch Box did not get selected, a movie titled The Good Road was nominated by the selection committee), whetted my appetite even further. I saw the movie on Sept 28th in a Multiplex in Bangalore.

Please be aware that the review below may contain “spoilers” (i.e., information about the plot of a motion picture or TV program that can spoil a viewer’s sense of surprise or suspense :-)).

The Plot

Saajan Fernandez (played by Irrfan Khan) who works in the Claims Section of a public sector insurance company, is approaching superannuation and is proposing early retirement. He is a crusty widower, a loner, and not very friendly with his colleagues or neighbours. He avoids training and handing over of his duties to his proposed replacement Shaikh (played by Nawazuddin Siddiqui).
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Book: Prince of Ayodhya by Ashok Banker (Ramayan series book-1)

“…  three breathtakingly graceful leaps, it took him to the veranda that ringed one side of the circular chamber. Sword slashing through the gossamer folds of the translucent drapes that could conceal an assassin. Turn, turn, breathe, slice, follow-through, recover, resume stance. Guru Vashishta had trained him superbly…”

— Chapter 1, Prince of Ayodhya

The above passage is not about Bruce Lee in the movie Enter the Dragon, but about Rama in Ashok Banker’s first book of his Ramayan series.

Prince of Ayodhya Cover

TitlePrince of Ayodhya
SeriesVolume-1 of the 8 volume Ramayana series
AuthorAshok Banker

NOTE: Please read the comments on the whole series here , as the reviewer’s opinions on the series are expressed there.

The Story in Book-1

At the start of this series, young princes Rama, Lakshmana, Shatrughan, and Bharat are back in the capital city of Ayodhya after a long training program at sage Vashishta’s ashram (sage Vashishta is also king Dashratha’s counselor).

Rama is often plagued by nightmares of attacks and destruction of his beloved city (Ayodhya) and kingdom (Kosala).
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