Mr. Menon Writes

It's been over an year since I had published anything here. I wrote my last article about Wallstreetbets in a span of 30 minutes, sitting in my boss' cabin waiting for his call to end. Revisiting that memory has given me something to think about: it doesn't take a lot of time to write something. I just was not committed enough. This is not a first. I've tried to come up with something every once in a while in the past BUT never followed through. Part of this has to do with the fact that I've never really considered writing to be my thing, I was just curious to find out what it's like. Nevertheless, this time around I have a few other goals in mind apart from satisfying my curiosity. Consequently, I have decided to re-restart my blog "again".  There's one other thing I'd like to throw in: I'm interested in a lot of things. So, if you make up your mind to come visit me here, you might almost never know what to expect! This is what's wrong...

Lately, there has been very less to write about. But I was intrigued by what happened at the WallStreet. The working class heroes took it up to a whole new level, totally unprecedented.  Here's the long story short: THE GME (Game stock) are retailers of video games. They sell their games physically, not online. This model had become increasingly loss-incurring even before the Covid induced lock down as people started going to online markets. The figures are quite remarkable- they lost about $275mn on around $5Bn revenues. This would mean for a lot of institutional investors out there-a huge shorting opportunity. And they redeemed it. The short positions came flying in. However, Ryan Cohen, founder of Chewy Inc, began bringing the public attention to this stock by taking a 13% stake in the company. The public started taking long positions and the Big players kept shorting.  This is where the redditters come on stage. The Wallstreetbets  (a forum) began discussing the ...

The Blockchain Technology “Distributed ledgers”, that is what the whole thing is all about. Well, of course, there is more to it than that. But for now, let us start with how it carries out and delivers. Now imagine you live in a Utopia. Perfectly balanced, like the kingdom down in South India ruled by the king Mahabali. All the citizens are honest, trusting and the whole system is transparent. Not nearly as possible these days, isn’t it? Dear readers, let me just tell you, you’re wrong. The blockchain technology is exactly what the world needs right now. Maybe not what it wants, but most certainly what it needs. A system is being built where the whole area of data security and safety is autonomous with zero human intervention. How does it work?  Imagine you want to buy a property in a foreign land. How can you trust the guys there? How can they trust you? What if there is a well-established escrow?. Both parties now feel a sense of security. Now what if the ...

The Legend: C handler Bing's job was statistical analysis and data reconfiguration. It was a boring job. He was dead inside. He was just a regular employee in a huge organization - ill-fitted, unhappy. Apparently, statistical analysis and data reconfiguration, made his life boring. The thing is, it was not the job in itself that set him off. He was witty, funny and dynamic, he thought it would be better if he tried something where he can use all that qualities. Present day: Chandler Bing was a Data Scientist before it got its present name. Statistical analysis and data reconfiguration is just technical jargon now. The boring desk job around computers, spreadsheets, graphs, data sets, Data Science has lost all of these characterizations. In fact, it did a good job growing up. Data science is presently the "sexiest job" on the planet, of the 21st century. Harvard University gave this label. To put it simple, the world is data driven. It's the oil of the 21s...