Search of Meaning

When I was doing my MSc degree, one of my flatmates decided to carry on her studies with a PhD in philosophy for the following year. The subject she chose was "Meaning of Life"

At the time, that looked like a very abstract topic to me, I remember even making a joke about whether she would really be able to carry on this topic for so long and if she would be able to really write a thesis on that.
The thought came through my perception of philosophy at the time as a salad of words.

Over 10 years later, I have been thinking about this a lot and in fact how good idea she had followed in her early 20s.

And my opinion on keeping the meaning is based on the core: principles, ethics, humanism. As long as what you do can reconcile to those three, you do keep the meaning, at least for me.

Private Equity - VI

As one of the instruments of the most unstable item of GDP; increasing efficiency of it contributes to economy in various ways:

1) competition increases
2) allocation of resources is efficient
3) abundant factor of production brings better division of labor bestly seen between startups and VCs
4) NPVs are maximized
5) innovation is encouraged
6) investment is relatively stabilized

Private Equity - V

As one of the most advanced, efficient, intelligent, respectable way of allocating capital between talent and capital owner; this side of the finance develops one of the most sophisticated type of investor.

Bio Published In BusinessWeek Four Years Ago

Ms. Zozan Yilmaz is the Financial Controller at GP Bullhound LLP. Prior to joining GP Bullhound, she was working at Big Lottery Fund as Grant Accountant. During this time she has managed budgets, cash flow forecasts and management accounts reports for various programmes in England, Northern Ireland, Scotland and Wales. She also did management accounts in Housing Association where she assisted the Finance Director in building an economic model in deciding to buy a large portfolio of houses. She completed her Masters Degree in Financial and Business Economics at University of Essex. She is currently at strategic level of CIMA.


The Link is as below:

http://investing.businessweek.com/research/stocks/private/person.asp?personId=35274766&privcapId=23023216&previousCapId=23023216&previousTitle=GP%20Bullhound%20LLP

Sampling Distribution

Is it normal, t or chi - square?

Balanced Scorecard

Management accounts looks at this from a different perspective in performance measurement. Instead of looking only at financial KPIs, looks at non financial KPIs and processes.

Balance Sheet versus P & L

Short termist approach of bankers was one of the criticisms made in current financial crisis. The core was the focus on the P & L, which evaluates the company over one year period with pure focus of profit. Balance sheet is the reasonable approach as you look at the company from a cumulative perspective.

Firms

Among all economic units firms are the ones, which are most able to take risks. Economic function has always tried to accommodate this. Hedging is one example, insurance is another. 

VaR versus APT - II

I think it is about the movement from differentiation to mania when things start to break. Same thing happened with derivatives, which are brilliant products.

Star Trek

As a big fan of Star Trek and particularly Voyager series (watched all episodes of seven seasons twice and don't mind watching again), it is amazing to see how it did, does and will lead the innovations.