Sorry, but recently the complete NON understanding of statistics by the media has happened too many times… When Mary Kom was playing her opponent the commentators kept saying ‘Mary Kom has not lost to the same opponent twice’.  On Sunday, 26th August, 2012, when India played Australia in the Under 19 World cup, the commentators […]

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Recently heard of 2 frauds in companies lending against gold…. One of the biggest risk in a single commodity lending is the risk of that asset falling so badly that it creates a lot of NPA in your books. Now the lovers of gold will argue till the cow comes home that this cannot happen. […]

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This story was told to me in the Indigo flight from Delhi to Mumbai by one of India’s good trainers – and a super story teller. Surprising that he has not thought of ‘Story telling as a therapy’ as a career. His name is Samir Parekh. If you are wondering what is the connection, here […]

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I have a brilliant friend who has worked for many big and important media houses. He told me once – when he was heading a magazine – “I have made up my mind, please do not confuse me with the facts!”. This was when he was doing a story on mutual funds and unit linked […]

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