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The Billionaires and The Guru: How an Indian Family Burned Through $2B

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71–80 of 113 posts

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#71
post #64

Earlier quoted context omitted.

WRT motive, the fact of whether it was or wasn't beef when introduced into evidence may prove to be exculpatory (if the finders of fact decide that it was justified) or may prove to be further damning (if the finders of facts decide that it was pre-meditated). I wouldn't want the police on the scene to be in the business of deciding what possibly relevant facts in the case will prove to be crucial. Collect, catalog,…

It is not illegal and even if it were it does not, in any lawful society, justify extrajudicial torture and/or murder.

OK, then what is your objection to the police taking a sample of the meat to the lab for testing?!

It seems no different than taking any other piece of crime scene or crime-related evidence to me.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#72
post #42

It is interesting to see Indians talking of themselves and India as a separate entity. Now, I am fine with people moving out of the country and I can understand the appeal. A lot of problems in India have been long solved in the west and there are problems which are unique to India. But it is hypocritical to blame the ills on "India" as if it exists without it's people. Citizens make a country and they are equally re…

While in general it's true, and probably applies to India, I'd like to point out a major gap in your analysis: external factors. North Korea is basically propped up by China. If China would stop backing the regime, either the local citizens or intervention from South Korea could make the regime collapse overnight. Eastern Europe had regimes enforced by the USSR. Same story. See 1989 (luckily for these countries).

Not sure about that. The regime seems to tick along with next to nothing. Pushing that to literally nothing might not make much difference. They would just move from 95% blackmarket to 100.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#73

It is interesting to see Indians talking of themselves and India as a separate entity. Now, I am fine with people moving out of the country and I can understand the appeal. A lot of problems in India have been long solved in the west and there are problems which are unique to India. But it is hypocritical to blame the ills on "India" as if it exists without it's people. Citizens make a country and they are equally re…

This is a naive comment. By far and large what a few individuals can do is extremely limited compared to institutions or large companies. Belonging to a country is not equal to having power to change things. For example, even if your city think they need an airport, they cant build one by themselves out of nothing. Infrastructure and anything related to long term investment of resources is completely out of reach of individuals.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#74
Side note, has anybody read the TOS at bloomberg? Along with getting violation notices? I MUST allow JS?

https://imgur.com/a/hsTANvy

Also, their entire TOS looks like one of those shrink wrap licenses. I feel like people really don't understand how the internet works, and in the long run they are simply going to break it if the law dictates what software I have to run or not run to view a website.

EDIT: Link to TOS: https://www.bloomberg.com/notices/tos/

Really guys, this sort of stuff should not stand, the idea that they own the ability for you to link to their site is hideous. Even if they are "granting" that ability today allowing people to front like they have that power should be stopped. Otherwise next generations will just obey because "it's in the tos", "it's the law".

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#75
post #40

Earlier quoted context omitted.

That does not say much.

Sure, you're right. My original point was to point out the hypocrisy of the government policy. But you have raised a related point about IITs. Aside from being underfunded (in comparison to global standards) there are systemic issues with IITs which make it underperform in research - first, they were designed as undergraduate institutes. The administrators constantly harangue, and block the ways of the colleagues who…

When you change your objectives, you change your work.

IITs are all about placements and big salary pay days. It works that way because the alumni want to preserve the value of that name on their resume, only way they can do that is continue to pay obscene salaries to their own kind. So that when they go out looking for jobs, the same thing can work in their case too.

Once you arrive here, all questions on research or doing good work et all go out of the window. You are just about marketing gas, advertising you own legend.

A few start up founders even told me they avoid hiring IITian for this very reason. They act like they are above everything, nothing you pay is enough, they always think some work is beneath them. And yeah barely stay before a project completes.

Lastly, the only thing IITians train their whole academic career is for being good at interviews and exams. That's understandable, because they only thing they ever do all life is hop jobs.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#76

Side note, has anybody read the TOS at bloomberg? Along with getting violation notices? I MUST allow JS? https://imgur.com/a/hsTANvy Also, their entire TOS looks like one of those shrink wrap licenses. I feel like people really don't understand how the internet works, and in the long run they are simply going to break it if the law dictates what software I have to run or not run to view a website. EDIT: Link to TOS:…

Isn't the 'you need JS' in order to let the captcha work?

I believe I have to whitelist certain scripts in uMatrix before those things work (or even appear!).

edit: also the website just works for me even without scripts. I think your IP has triggered a flood warning leading the captcha and for that to work you need JS (which makes sense).

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#77

It is interesting to see Indians talking of themselves and India as a separate entity. Now, I am fine with people moving out of the country and I can understand the appeal. A lot of problems in India have been long solved in the west and there are problems which are unique to India. But it is hypocritical to blame the ills on "India" as if it exists without it's people. Citizens make a country and they are equally re…

Yeah colonialism and Britain's control, exploitation and distortion of India over 300 years has nothing to do with India's problems.

"The West" "solved" a bunch of its problems as it created problems in the rest of the world.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#78

It is interesting to see Indians talking of themselves and India as a separate entity. Now, I am fine with people moving out of the country and I can understand the appeal. A lot of problems in India have been long solved in the west and there are problems which are unique to India. But it is hypocritical to blame the ills on "India" as if it exists without it's people. Citizens make a country and they are equally re…

Not totally sure I understand your point, but I think that I don't agree with this at all. In any particular country, each citizen, of course, plays their own tiny part, but ultimately, its truly a tiny part. For the vast majority of people, they make better decisions thinking about the path of a country as an impersonal force that they can react and respond to, but have functionally no actual control over when you a…

Aggregate political will is a feature of democracy. The fact that any single person on his/her own wish cannot make a big impact change is how a democracy is designed to work. For a democracy to work people need to take active part in the political process including things like consensus building. Changes start at grassroot level and is usually localised. You would have more impact at your constituency level than at state or national level. But the fact is that significant number of people do not even fulfill their most basic duty of voting.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#79
post #40

Earlier quoted context omitted.

That does not say much.

Sure, you're right. My original point was to point out the hypocrisy of the government policy. But you have raised a related point about IITs. Aside from being underfunded (in comparison to global standards) there are systemic issues with IITs which make it underperform in research - first, they were designed as undergraduate institutes. The administrators constantly harangue, and block the ways of the colleagues who…

"Think of this: no teaching university in the US is a top-tier research university."

Stanford, Carnegie Mellion, Harvard, MIT, Caltech are all "teaching universities". Most professors do research along side their teaching. Courses in India are outdated everywhere. If research is encouraged the quality of education will definitely go up.

Re: The Billionaires and The Guru: How an Indian Family Burned Through $2B

#80

Side note, has anybody read the TOS at bloomberg? Along with getting violation notices? I MUST allow JS? https://imgur.com/a/hsTANvy Also, their entire TOS looks like one of those shrink wrap licenses. I feel like people really don't understand how the internet works, and in the long run they are simply going to break it if the law dictates what software I have to run or not run to view a website. EDIT: Link to TOS:…

Isn't the 'you need JS' in order to let the captcha work? I believe I have to whitelist certain scripts in uMatrix before those things work (or even appear!). edit: also the website just works for me even without scripts. I think your IP has triggered a flood warning leading the captcha and for that to work you need JS (which makes sense).

Regardless of why I was interrupted, the TOS is total crap.
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