Wednesday, February 21, 2018

Bitter guard chips


Last Saturday I made bitter guard chips on my wife's request. This was my first time.  
Turned out good.  

Bitter guard chips with mint chutney. 

Inputs to the function:
  1. Thinly sliced bitter guards.
  2. 2-3 cups of gram/besan flour.
  3. 2-3 tea spoons of rice flour.
  4. 1-2 tea spoons of Turmeric powder, Chillie powder, Salt to taste.
  5. Bowl of tamarind water.


Function: 
  1. Soak the thinly sliced bitter guard pieces with salt water for 15 minutes to kill germs.
  2. Soak the thinly sliced bitter guard pieces with tamarind water. 
  3. Mix gram/besan flour, rice flour, chillie powder,  turmeric powder, salt. Sprinkle tamarind water to make the powder mix into a batter.
  4. Dip the thinly sliced bitter guard pieces into the batter and deep fry them.

Output:




Both my wife and my daughter loved this together with mint chutney.



Saturday, February 3, 2018

Fear of missing out


Warren Buffett in his February 28, 2001 Chairman’s letter : "Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities—that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future—will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There’s a problem, though: They are dancing in a room in which the clocks have no hands."


Fear of missing out (FOMO) is driven by an innate human desire to avoid regret. They key takeaway from the 2001 bubble, for me, is that when it happens is not predictable. If it is a bubble and it does bust, the day before is like any other day. 

Do you see any "tells"? Please leave them in comments...