Project Thirty, Hippies and Capitalism

After getting out of Goldman Sachs (phew, now that I’m out, I can “out” myself. Was majorly stifling working for a company that stressed so much on “reputation” and stuff) two months back, I’ve put myself on a fourteen month long scholarship which I’ve titled as “Project Thirty”. As the title suggests, this scholarship will last till the day I turn thirty, which is in a little more than a year. There is no fixed amount of scholarship, but the funds are to be drawn out of the considerable savings I made having been a fat cat banker for a little over two years.

During the period of the scholarship, I’m forbidden to take up full-time employment. I am, however, permitted to pursue other money-making opportunities (as long as they don’t end up in my taking up a full time job). I’m setting myself up as a freelance quant consultant (right now the biggest pain point is it’s tough to explain to people what exactly I can do for them), and if things go well, that should provide some good supplementary income. However, the intention of this break is not to just take a shot at entrepreneurship, or explore non-linear opportunities for making money. It is fundamentally to do all those things that I’ve always wanted to do but never got down to doing during the first ninety percent of my twenties.

The Eureka moment happened some three-four months back, when I was reading some article on the internet about life expectancy. It was around the same time that I read the famous Steve Jobs speech, and I started thinking about what I’ve achieved in life so far. IIT, check. IIM, check. Brand name employers, check. Beautiful and intelligent wife, check. Some sort of local fame, check. I would be lying if I were to complain that I haven’t had a good life. However, several gaps remain. Found my calling in life, no. Stuck around in a steady job for an extended period of time, no. Made lots of money, not really. Traveled the world, not really. Wrote a book, no. Played for a band, no. And so it goes on.

It was around that time that I realized that it is not so bad to have regrets in life when you are twenty nine (which I’ll be next week). Thirty is still not too old, and you are still reasonably fit, and able to do all those things you’ve already wanted to do. What is not okay is to have regrets in life when you are fifty, or sixty. There is only so much of life ahead of you to make amends, and it could already be too late to do some of those things that you’ve always wanted to do but never gotten down to doing.

Project Thirty is the result a culmination of a lot of things. These thoughts. The fact that I’ve never really been happy in any of the high-paying high-pressure jobs I’ve been through. Stress. That though I’ve been married for a year now (today’s my anniversary), we still don’t plan to “start a family” for a while which gives leeway in terms of finances. That I haven’t yet really “found myself” and need to make an effort to do so.

So far, though, two months on, it has had mixed results. On the minus side (let’s quickly put that away) there’s been a lot of NED. I think I end up wasting too much time doing nothing (ok I’m not sure I should call that a “waste” but still I don’t feel good at the end of it). Then, a lot of writing which I want to get published in the mainstream media is lying on the hard disk of my desktop, as I haven’t really mustered the confidence to reach out to editors and send these out. I’ve identified one client for my quant consulting shop, but again haven’t been confident enough to approach them.

On the plus side, though, I have got a lot of writing done. I have started learning to play the violin again, this time in Western Classical style, and so far I’ve been really enjoying it. I’m associated with a public policy think tank and am doing some work for it. I gave (what I think is  ) a rather well-received speech on auto rickshaw economics. For the first time in my life I set a quiz which didn’t receive much flak. Watched cricket and football. Traveled a bit (a week in Turkey). And overall I’ve had a lot of peace of mind.

So what are the hippies and capitalism doing in the title of this post? Essentially given my current situation I don’ get why hippies are anti-capitalist. Because capitalism is precisely the reason I’m able to afford a sort of “hippie life” (using Aadisht’s definition) currently. Had I been living in a communist country, under the “from each according to his abilities” paradigm, I wouldn’t have been allowed to take this time off!

Interview length

When I interviewed for my current job four months back, I was put through over twelve hours of high-quality interviews. This includes both telephonic and face-to-face processes (on one day, I was called to the office and grilled from 1030am to 630pm) and by “high quality”, I’m referring to the standard of questions that I was asked.

All the interviews were extremely enjoyable, and I had fun solving the problems that had been thrown at me. I must mention here that the entire process was a “stud interview” – one that tried to evaluate me on my thought process rather than evaluating what I know. I’ve also been through a few “fighter interviews” – ones where the interviewer just spends time finding out your “knowledge” – and I don’t remember taking a single job so far after passing this kind of an interview.

So recently I read this post by Seth Godin that someone had shared on Google Reader, where he says that there exists just no point in having long interviews and so interviews should be kept short and to the point. That way, he says, people’s time gets wasted less and the candidate also doesn’t need to waste much time interviewing. After reading that, I was trying to put my personal experience into perspective.

One thing is that in a “stud interview”, where you throw tough problems at the candidate, one of the key “steps” in the solution process is for an insight to hit the candidate. Even if you give hints, and mark liberally for “steps”, the “cracking” of the problem usually depends upon an insight. And it isn’t fair to expect that an insight hits the candidate on each and every question, and so the way to take out this factor is by having a large number of questions. Which means the interview takes longer.

The other thing about the length of the interview is signaling. Twelve hours of hardcore problem-solving sends out a signal to the candidate with regard to the quality of the group. It gives an idea to the candidate about what it takes to get into the group. It says that every person working in the group had to go through this kind of a process and hence is likely to be of high quality.

Another thing with the “stud interview” is that it also directly gives the candidate an idea of the quality of the people interviewing. Typically, hard math-puzzle based interviews are difficult to “take” (for the interviewer). So putting the candidate through this large number of math-problem-solving interviews tells him that the large number of people interviewing him are all good enough to take this kind of an interview. And this kind of interviews are also ruthless on the interviewer – it is usually not hard for a smart candidate to see through it if he thinks the interviewer has just mugged the answer to a question without actually solving it.

All put together, when you are recruiting for a job based on “stud interviews”, it makes sense for you to take time, and make the candidate go through several rounds. It also usually helps that most of these “stud interviews” are usually fun for the candidate also. On the other hand, if you are only willing to test what the candidate knows and are not really interested in the way he thinks, then you might follow Godin’s suggestion and keep the interview short.

Year Ending Post

Last december 31, I wrote a this day that year post. Two years back, I had published a short story. The year before, I had written about the events of the day, and one year prior I was mugging for what was going to be a disastrous marketing exam. As I am writing this, I’m playing scrabble on facebook, and bridge with my computer. I’m listening to music, and am planning to hit the sack soon.

This afternoon I received a mail from my boss, which he said is a standard format mail he sends to friends and colleagues. It was full of pictures of him and his wife and his kids, and stories about what they did this year. About the changes and special events in each of their lives. About how the year has been from different perspectives. And so forth. I think I have received a couple of other similar mails (from US based people – this might be some american funda; my boss also lived in America till early this year) from other acquaintances (though, without pics) which I haven’t bothered to read. Since I’m clueless about what to write, I think I’ll just do a standard year-end roundup.

The most significant thing for me was my move to Gurgaon, and to this new job. That had been preceded by four months of joblessness, and more than two years of acute NED (in fact, I think it was during this period of extended NED that I actually invented the term NED).

The concept of NED also seemed to advance by leaps and bounds this year. I have heard of people who are at least three degrees away from me use it. The message of this concept seems to be spreading. I am sure that one day it will be famous, but then I’m not sure if I, as its inventor/discoverer, will get due credit.

Another significant event of the year has been the movement of this blog from livejournal to its present location. I must mention that this website has been like “glad bangles” for me. A week after I inaugurated this, I had a nice job offer, ending over a year of NED. There were a few other changes also in my life around that time, which I don’t remember now. What I do remember was classifying this website as “glad bangles”. and I like this better than Mad Angles.

On the louvvu front, it was a very quiet year, apart from one quick episode. Maybe one of the least productive years – comparable, maybe, to my years back in IIT.

Ok I think NED is happening. i just resigned my scrabble game. I had resigned my bridge game ages back, and I’d closed the program. I’m feeling sleepy now. So I’ll close it here. Happy new year. And I think this is the worst year-ending post that I’ve written in a long time. This website maybe deserved a much better new year post in the year end but it’s ok.