The knee jerk reaction of the not-economically-competent-enough (yes, both ways) and non-football-savvy people, like me, to the record breaking deal of Neymar this week was: WTH!
The star footballer made a move from Barcelona to the Qatari held Paris Saint-Germain football club in a deal which will fetch him $850,000 a week after tax.
Posted in economics, Finance, Sports
Tagged barcelona, business, economics, economy, english league, fees, Finance, football, money, Neymar, price, PSG, salary, value, wages
International Monetary Fund in July lowered its 2017 growth forecast for Saudi economy to 0.1%. Even before this revision the number was not very handsome, at 0.4%. This comes amid a backdrop of not-so-good news and a promising future of narrowing fiscal gap.
Posted in economics, Finance, Politics
Tagged analysis, Career, consumption, economy, expat, growth, inflation, job, money, oil, Saudi Arabia
From Trump to Qatar to Nawaz what I hear as the only awaaz is that of confusion. Confusion over basic definitions. People, to be fair, seem pretty equally divided. Some arguments are rational, some emotional and some neither – but they all seem to work on their respective audiences. To add to that confusion, we have a media which fluctuates between being informative and baffling with a high enough frequency to blur the difference between the two.
I believe that the messy confusion merits an ultra-simple explanation. And who better to borrow such an explanation from than my favourite Mullah Nasruddin. He was busy working in his garden when a neighbour he disliked came across asking to borrow his donkey for a ride. The donkey was parked in the stable behind away from the view, taking advantage of which Mullah confidently lied that the donkey had been given away to someone else and is not currently available. In the meanwhile, the donkey from behind the stable walls gave out a loud braying exposing the lie of Mullah. The neighbour accused Mullah of being a liar and called for an explanation. But the Mullah kept his calm and retorted elegantly: ‘Now you will believe the word of a donkey over me?!’
That should explain the mess. Moving on. What we should be doing is not engaging in endless debates and discussions – the issue is pretty clear. Get down to doing practical stuff. The basics – vote and rally for the right person in the next elections. Support the ‘righter’ (nobody is the absolute ‘right’, let’s be honester) people as well as you can by voting, funding, participating, etc.
Generally, keep calm and be kind. Don’t be aggressive towards people who are still favouring Mullah’s statement over donkey’s word. They will come around and realize that its more important to focus on the content rather than the source.
In the end, lets remind ourselves that the corruption and severe irrationality we abhor may well be seen to creep into our own lives. Well – just a teaser – nature programmed us to inhale oxygen and exhale carbon dioxide, right? Now what did we do? We dissolved that very carbon dioxide in sweet and flavoured water and drink it to ‘open happiness’! Soft drinks. I am not saying to leave drinking the fizzy drinks or to care for the wellbeing of your needy neighbours or to quit smoking or to quit unhealthy fast food or to drive under the speed limit with seat belts on or to stop telling lies to people around you – I am just saying to stay humble when others behave irrationally 🙂
#politicalramblings #Trump #Nawaz #ImranKhan #PTI #PMLN #Pakistan #PanamaPapers #Islam #Sense #Truth #Happiness
Immediately after Fajr (morning prayers) the Imam (one who leads the Muslim congregational prayers in a mosque) stood up to address the restless souls heading back to cover their sleep before starting of the long day while fasting. Getting up to rush back myself I was forced to sit tight by the gravity of what the imam started of with (and the fact that I had had a couple hours of extra sleep last night didn’t hurt).
He said the people going away, not listening to him, not offering extra prayers last night, etc. were not doing themselves any good. In fact by some miraculous stretch of (mis)interpretation of Quran (74:50-51) he likened them to a herd of donkeys running away from the predatory lion. Surely the looks on the running faces didn’t look amused.
Posted in Islam, Politics, Self Management
Tagged calm, donkeys, intellect, Islam, judgement, knowledge, life, misinterpretation, peace, perspective, Quran, tolerance
What is ‘being positive’
Wrong definition: An optimist is a person who tells you its going fine so far while you are falling from a 20 storey building and have just crossed 10!
Right definition: A person with positive attitude is one who thinks that: Continue reading
Posted in Self Management
Tagged books, goals, gratitude, hope, life, optimism, pessimism, positive attitude, positive thinking tips, practical, practical tips, reading, realistic, self help, self pity, Vision
Crisis: Pakistan, India skirting the war line
Terrible things are happening at Pakistan-India border – the lines are not blur but contested. Civilians, even ambulances are not off-limits. People are suffering and dying.
Now if China is really seeking to fill in the big shoes, as hinted by US President Obama, then here is an opportunity in crisis.
Posted in Politics
Tagged asia, China, CPEC, crisis, economics, India, kashmir, opportunity, Pakistan, peace, Politics, solution, trade, war
Warren Buffett says (almost sounds like Simon says, doesn’t it): if a cop follows you for 500 miles you are getting a speeding ticket.
‘Seek and ye shall find’ is even truer when you apply it to Marvel movie. It has a lot of content, many messages and many lessons. Here are my 5 top business lessons from it:
- Paid Product Placement, PPP, is delicate work. The Jaeger-LeCoultre Master Ultra Thin Perpetual wrist watch featured in the movie as an important article has its dial smashed following a street fight – or maybe the car crash, it’s not clear. Aren’t luxury watches north of $30,000 supposed to have unbreakable-ish sapphire glass? And the safety features of the Lamborghini, in which the doctor crashed, weren’t very impressive either. Good marketing? Hard to say.
- First meeting between Dr. Strange and Ancient One seems almost as if the Marketing Head comes to meet the CFO for the first time. They are experts of different realms. (Ok, I’ve given the slot of Ancient One to CFO out of bias, it can be either ways, but you get the idea.) Lesson: you might be the expert of your universe (read: specialisation) but lo and behold! It’s a multiverse not just one universe. They are interdependent. You need to learn to respect other’s expertise too. It matters for the greater good of the multiverse (the organization).
- ‘Your arrogance and fear stop you from understanding the most obvious of all lessons; it’s not about you,’ said the mentor to the protégé. Makes ample business sense. It’s not about you, it’s all about the value you add to others; your customers, suppliers, shareholders, employers, employees, colleagues, society, etc. That value comes back to add on to you.
- Staff talking about the sorcerer supreme (aka senior management): ‘She was not who I thought she was.’ And Dr. Strange replies in defence, ‘She was complicated’. A very interesting remark indeed from a team member having certain insight. It’s very easy to blame senior management of ‘drawing power from the dark forces’ and doing stuff which is beyond understanding. But it need not be always wrong, it might be complicated.
- Ending scene of negotiation between Dr. Strange and Baron Mordo gives the epic message of Negotiations: He who has time on his hands, gets the best bargain! In negotiations your ability to be patient (which depends on the variables you can and cannot control along with your temperament) is the critical mass. Charlie Munger says well of the stock markets (where millions of ‘negotiations’ take place every day) that big money is not in the buying or the selling, it’s in the waiting.
Your feedback is valuable, do share. Thank you!
Posted in Business Management, Movies & Dramas
Tagged branding, business, business value, doctor strange, film, Finance, management, Marketing, marvel, Movies, negotiation, senior management, shareholder, stock market, time, time management, understanding, value