Thursday, July 24, 2014

Day 680 - Nothing is enough, even in Economics

The ship was swaying right and left. The faint hearted were losing grip of the Mast of the ship. The tougher ones were taking control of the situation. They say it right, "When the going gets tough, the tough gets going." The Accounting exam was not just a test of knowledge but also decisions and presence of mind. There was no cues in the exam to be left out and nothing was to be ignored. The minute details of the situation was what determined if you were competent and worthy to set sail aboard this stagnant ship. There were a few rookies, who did very well. They got hold of the situation and came out on top. And there were the few experienced sailors, who missed out on the smaller details and cried at the end of it. In the end, all the crew of 180 appreciated one thing. This journey was no joke. It was the real deal. Nobody aboard can afford to be complacent and take it easy. It was what as Raghuraman sir calls it, Overconfidence Bias. Even the book regards it one of the most dangerous biases prevalent in the world. The main ways to tackle it is through self introspection and self assessment. And the major thing bothering me yesterday, understanding the seriousness of the situation and developing fear of it.

So it was time for Microeconomics and read the twelve chapters of deep profound logic. The ten chapters were seemingly in English but the engineers knew it was something much more viscous to decipher. I had no plans of reading it again and went through the main concepts. But there was Nipeksh, my roommate, Jagan and Dipesh from section B who took it a little too much on their head. They were up late night and even got up early trying to complete the portions. This is the fear that I want to achieve. This is the level of work that I want to expect out of myself. This is the devotion that I expect to see in myself at the end of two years. But this fear comes with a cost. The cost of courage. This attitude of courageousness is not something I am willing to sacrifice for devotion. Let us see where this thought wave rocks the sails towards.

Nipeksh studying Microeconomics even while shaving

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