via humansofmumbai : Studying here in Poddar galli (Abhyaas Gali Path) under a street lamp is my choice and its not only mine but for many students who come here in the night to study, the main reason being the environment and the peace which this lane gives me. This place is silent and one can study whatever one want, one don’t see the time, whenever one wants to come, one comes and there is undisturbed studying here.

[youtube https://www.youtube.com/watch?v=TRajLqEaWhQ?rel=0]

For any sell side trader, optimal liquidation is his bread and butter. Given any client order, the trader has to compete against two forces, market impact and volatility risk. Market impact : If a large trade is executed too rapidly, costs will be incurred as the trades move the market in an adverse situation Volatility risk : On the other hand, if the trade is executed too slowly, the the position is subject to risk during the time that the shares remain in the portfolio.

Till date, I must confess that I have never read a “marketing” paper. So, when one of my friends wanted my comments on a paper that is published in JMR, June 2014, titled “Decomposing the Impact of Advertising: Augmenting Sales with Online Search Data”, I thought I might encounter a lot of marketing jargon and might be put off. Thankfully there is lot less of it in the paper. The paper is very interesting as it uses Google trends as a proxy for consumer pre-purchase interest.

Stumbled on to a paper titled, “Deliberate practice: Is that all it takes to become an expert?” that takes a hard look at the much talked about and written about principle of deliberate practice. Indeed there has a been cottage industry of books/ blogs/ articles that seem to propagate that “only practice matters and nothing else”. The paper does some number crunching and concludes that the whole idea might be a fancy thing just caught on.