lunch – Page 2 – Pertinent Observations

Mysore trip – Table of contents post

I returned last night from a two day driving trip to mysore and surrounding areas. There are several things to blog about, but I felt too lazy to make notes in my mobile. Also, I was driving most of the time, so didn’t really have the time to make notes. I made a lot of mental notes, though, but I’m prone to losing those easily – I don’t have a very good short term memory.

I made two major stops on the way to Mysore – first at Kamat Lokaruchi near Ramanagara for breakfast, and then at Seringapatnam. At the latter place, I saw a couple of temples and a jail and a palace-cum-museum. The last named turned out to be pretty strong. Also, my car started making funny noises when I kept it parked in front of one of the temples. Turned out to be a problem with the A/C. This problem was going to become significant later on in the trip.

At Mysore, I stayed at the Ginger (subsidiary of Indian Hotels which runs the Taj chain) and was amazed at the kind of cost-cutting that they have put in compared to the extravagant 5*s. Then I went in search of the supposedly world-famous Mylari restaurants, found not one but two of them, both of which claimed to be the original, got put off by the amount of oil on the dosa and came out after having had just a coffee.

I walked around the palace area in the evening and was amazed by the respect pedestrians get in Mysore, at least in that area. Nice pavements, strictly enforced pedestrian crossings, etc. And there were millions of people walking around the area. And everywhere I saw boards that called Mysore a “JNNURM city”.

I also discovered that wearing shorts is a surefire way of announcing that you are a tourist. Hundreds of people started speaking to me in Hindi and seemed slightly startled when I replied in Kannada. I didn’t see a single other soul in shorts through my 2-day stay in the city.

Lunch and dinner on Tuesday was at the Dasaprakash, and yesterday’s breakfast and lunch at Siddharta. Got me thinking about pricing and delivery systems in sit-down restaurants (had done a series on pricing systems at darshinis in Bnagalore a few years back). Most intriguing is that “meals” are pre-paid while everything else is post-paid.

Then I went to the Chamundi hills, Nanjangud (beautiful temple), Somnathpur (again extremely strong ruined temples, but lousy roads) and the Jaganmohan Palace. Time constraints meant that we skipped going to the main Mysore palace.

On the way back, we stopped at a Sathya Sai Baba ashram in Seringapatnam after which the rain came with us. We would see dry roads ahead, and would hope that there would be no more rain. And soon, there would be rain. Heavy rain. Cupped a/c meant that the windshield kept fogging, and I could hardly see the road as I drove.

I think the rain got confused when we stopped for an hour for dinner at Kamat Lokaruchi, and decided not to accompany us all the way to Bangalore.

I took lots of pics using my phone camera. While at Somnathpur I was thinking about Aadisht’s 50mm low-light lens. I need to find my data cable now and then I’ll post pics. In the course of the next one week, I’ll also write half a dozen more detailed posts.

Scissors

It was our third term in IIMB. The institute had come up with this concept called “core electives” which no one had a clue about. These courses were neither core nor elective. And one of them happened to be Investments, taught by the excellent and entertaining Prof. R Vaidyanathan.

This was around the time when Kodhi and I had been trying hard to introduce the word “blade” (in the context of “putting blade” meaning “hitting on someone”) to campus. This word had been long established in Bangalore Slanguage, and we were trying to make IIMB also adopt the same. In order to further our efforts towards introducing this words, we even picked a batchmate each and actually started putting blade (ok I made that last one up).

So during the course of the class, Prof Vaidya said “the difference between a blade and scissors is that a blade cuts one way while a scissors cuts both ways”. I forget the context in which he said that, but it doesn’t matter. What matters is that a collective bulb lit up in the first row, where Kodhi and I had been sitting. “Blade” now had a logical extension. A new slang-word had been born at that moment, and later that day at lunch we introduced it to the general public at IIMB.

So that is the origin of the term “scissors”. Now the title of my blog post series in “arranged scissors” might make sense for you. Scissors happens when louvvu “cuts both ways”. When a pair of people put blade on each other- they are effectively “putting scissors” with each other. So in most cases, the objective of blade is to convert it to “scissors”. And so forth.

While in the frontbenches of Prof Vaidya’s class Kodhi and I were inventing the term “scissors”, Neha Jain was in the backbenches actually putting scissors with Don. Now she has come up with a nice poem on this topic. Do read it. And I want to make a Death Metal song out of it. So if you have any nice ideas regarding the tune and appropriate umlauts, do leave a comment.

Arranged Scissors 2

One of the greatest sins in the normal relationship process is tw0-timing. If your statistically significant other figures out that there is yet another other who might also be statistically significant, she is not going to take things lying down. The most likely scenario will be that the yet another other will indeed become statistically siginficant – since the original SSO puts ditch. It might be a stretch but I’ll anyway say that tw0-timing is probably the worst mistake you can commit in the course of a relationship.

The arranged marriage market puts no such constraints. Even if you are ten-timing, people won’t mind. Especially if you are an NRI. The typical NRI process goes like this. Boy lands and is given a “shortlist” – a sheaf of CVs and photos. During the drive home, the shortlist is made shorter. The next day, “interviews” are arranged with each girl in the shorter list, typically at her house. End of the day, after sampling data from various sources, boy picks the one that he thinks will be likely to be most statistically significant in the long term.He takes her out for lunch the next day, puts a ring on her finger the following day and flies off, promising to return in a few months for the wedding. Occasionally, he claims he can’t get leave from his employers for another year and so puts off thaaLi also before he returns to vilayat. Girl can follow him later. For now she’ll follow him on Twitter (sorry, bad PJ).

Local boys don’t have it that lucky. At least, it is unlikely that they ten-time. There are two quirks of the arranged marriage market which pull in opposite directions when it comes to two-timing. On one hand is discretion. You don’t announce that you are “seeing someone” until it’s all fixed and proposal has been made and accepted. Discretion also means that you don’t want to be caught together in public. It also means that you can’t write funny things on each other’s facebook walls. And it obviously rules out PDA – in fact, all forms of DA are strongly discouraged until the contract has been signed. Heck, my cousin was putting DA during her engagement and that led to much gossip and condemnation. So no DA till marriage.

So yeah – one of the “advantages” of this discretion is that it allows you to two-time. What tugs from the other side is the time to decision. Due diligence in the whole process is outsourced, to the bankers. Typically it is finished even before the parties concerned get a chance to explore each other – and in this, this process differs from the typical M&A process. So now that the due diligence has already been done, bankers prefer that the parties reach a decision quickly.

I don’t know how this happened, but the time to decision is fairly short. In olden days, I’m told that the due diligence was the beginning and end of the deal process. All that the parties had to do was sign. Things slowly improved – to showing photos, to being shown glimpses, to being allowed to talk for two minutes. I don’t know where things stand in terms of the general market, but I’ve been trying to insist on a proper blading process to allow enough time for tiki-taka.

Ok here is the grand unification for this post. The time to decision is a function of discretion and ability to two-time. Given the discretion that has normally been practised (i suppose this came about because societies were tightly knit and small and things would become awkward for all parties involved if each expression of interest were made public), the cost of two-timing became quite low. Thus, in order to make sure that the counterparty is not two-timing their kid, parents started demanding that decisions be made early. This cut both ways – the counterparty’s parents also wanted to make sure their kid wasn’t being two-timed. From the point of view of bankers, the short time-to-deal was an absolute win.

From the point of views of the interested parties, all it did was to increase the incentive for Common Minimum Programmes. Time allotted is generally too short to properly check out the counterparty, and you need to prioritise. You want to check for obvious mistakes. In the short time, you want to make sure that the counterparty is not an obvious misfit. Realizing that you will never have that time to figure out propely if a prospective counterparty has those “spikes”, you settle for someone who “clears the basic cutoffs”.

You thus get yourself a common minimum programme spouse.

Earlier in the series:

Arranged Scissors 1 – The Common Minimum Programme