The vision that LeadIIT is

Why is LEADIIT helping IIT aspirants?

Dear Future IITian

We recognize and appreciate that each student is unique and has special needs to grasp
concepts at his/her own pace. Each student needs a varying degree of help to excel. One finds a positive impact in each and every student despite his/her aptitude while using LEADIIT Package.

LeadIIT is a Self-Study Interactive Package (online + CD) which teaches IIT aspirants to solve IIT JEE level questions without external help. It's the best way of getting results more pwoerful than IIT-JEE Coaching because it allows for self-study at your pace, not forced by the top potential rankers (1 or 2) in the classroom.

By using the Package the aspirant builds JEE Mastery in Problem Solving by working through the interactive question-modules on his/her own.

The unique Step-by-Step technique builds a clear understanding of IIT JEE level concepts in each topic across full PCM syllabus.

The Package is Self-Paced and provides Immediate Feedback of the Right Technique when the aspirant is studying through it.

So, benefit from LeadIIT like previous toppers have.

All the best for IIT-JEE.

3 certainties in life: death, taxes and a 20% carry

Though it is in the 2nd quarter of my life that I began appreciating the role of capital in everything worth your time, I enjoyed the learning from Day 1. Capital is a great truth actually!
I came cross this interesting piece, a must-know on PE.

From The Private Equiteer,

The 2/20 rule simply refers to a 2% management fee and a 20% outperformance fee. That is, investors typically pay 2% of committed capital to the management company to manage the fund and 20% of returned funds above the initial capital as an incentive.

I mentioned committed capital, because in most private equity funds, investors commit capital rather than invest capital. Their capital is called as required by new investments. So in practice, a firm may not invest a single dollar for two years, but based on committed capital of say $1b, $20m a year is paid as management fees to… sift through opportunities. This is one of the many beauties of the private equity model (for private equity firms at least).

I once heard a prominent partner of a large New York private equity firm say, “There are three certainties in life: death, taxes and a 20% carry.” Of course the monetary value of the carry isn’t a certainty, but what he was inferring is that the private equity industry will stick by its 20% carry rule irrespective of what anyone else thinks because it is their livelihood.

Read in full

Thinking with Presence: Strategy Insights

As always happens, strategy helps or helps to lose. Strategy for a new player almost always means innovation. Otherwise it hardly even pays to strategize. Gladwell cites Vivek Ranadive in a real life case...My favorite piece on Strategy.

Ranadivé was puzzled by the way Americans played basketball. He is from Mumbai. He grew up with cricket and soccer. He would never forget the first time he saw a basketball game. He thought it was mindless. Team A would score and then immediately retreat to its own end of the court. Team B would inbound the ball and dribble it into Team A's end, where Team A was patiently waiting. Then the process would reverse itself. A basketball court was ninety-four feet long. But most of the time a team defended only about twenty-four feet of that, conceding the other seventy feet. Occasionally, teams would play a full-court press—that is, they would contest their opponent's attempt to advance the ball up the court. But they would do it for only a few minutes at a time. It was as if there were a kind of conspiracy in the basketball world about the way the game ought to be played, and Ranadivé thought that that conspiracy had the effect of widening the gap between good teams and weak teams. Good teams, after all, had players who were tall and could dribble and shoot well; they could crisply execute their carefully prepared plays in their opponent's end. Why, then, did weak teams play in a way that made it easy for good teams to do the very things that made them so good?

See full from the source here

Power Prediction on Our Future: Tim O’Reilly in Web Squared

I bet you would lose your sense of reality if you read this in full for 5 minutes...I pick an excerpt to motivate you to read full on:

Many who talk about "the Internet of Things" assume that what will get us there is the combination of ultra-cheap RFID and IP addresses for everyday objects. The assumption is that every object must have a unique identifier for the "Internet of Things" to work.

What the Web 2.0 sensibility tells us is that we’ll get to the Internet of Things via a hodgepodge of sensor data contributing, bottom-up, to machine-learning applications that gradually make more and more sense of the data that is handed to them. A bottle of wine on your supermarket shelf (or any other object) needn’t have an RFID tag to join the "Internet of Things," it simply needs you to take a picture of its label. Your mobile phone, image recognition, search, and the sentient web will do the rest. We don’t have to wait until each item in the supermarket has a unique machine-readable ID. Instead, we can make do with bar codes, tags on photos, and other "hacks" that are simply ways of brute-forcing identity out of reality.

There’s a fascinating fact noted by Jeff Jonas in his work on identity resolution. Jonas’ work included building a database of known US persons from various sources. His database grew to about 630 million "identities" before the system had enough information to identify all the variations. But at a certain point, his database began to learn, and then to shrink. Each new load of data made the database smaller, not bigger. 630 million plus 30 million became 600 million, as the subtle calculus of recognition by "context accumulation" worked its magic.

Read it here: http://www.web2summit.com/web2009/public/schedule/detail/10194

George Carlin Rocks and I pick quotes well

If you have not shocked yourself through some kind of intellectual excitement for sometime, George Carlin's there to help you.

Of course my role is to pick his best for you.

# If it’s true that our species is alone in the universe, then I’d have to say that the universe aimed rather low and settled for very little.

# No one knows what’s next, but everybody does it.

# By and large, language is a tool for concealing the truth.

# The only good thing ever to come out of religion was the music.

# Atheism is a non-prophet organization.

# Most people work just hard enough not to get fired and get paid just enough money not to quit.

# If a man smiles all the time, he’s probably selling something that doesn’t work.

# Most of the time people feel okay. Probably it’s because at the moment they’re not actually dying.

# So far, this is the oldest I’ve been.

# I think I am, therefore, I am. I think.

# Life is a zero sum game.

# I have as much authority as the Pope. I just don’t have as many people who believe it.

I hope you had a good laugh! I had - I published after 2 years.

The Good, The Bad & The Ugly

Ever wondered what is the best judgement passed on a piece of writing? Not what's the best judgement but what's the best judge of any writing.

It is quite simple as I understand.

1. Writings, if accessible, attract people.
2. People are of three types: Good, Bad and Ugly.
3. Writings type attract same people type.
4. People can be judged.

India at the Crossroads: A Perspective

Today India stands at the crossroads in its developmental pathway. The reasons for making such an assertion are not too far to seek. The centralized planning model we adopted at the start of the developmental timeline delivered on some counts and miserably failed on some others-crucial ones being balanced regional development, export led growth, employment generation, utilizing private sector efficiency and poverty eradication. The economic turmoil that climaxed at the start of the nineties forced a strategic rethink on the policy makers. And India witnessed a watershed era through the ushering in of Liberalization, Privatization and Globalization, popularly known as the LPG, regime. The stabilization and structural adjustment program since then has been assessed to have made a positive impact on the Indian economy. But the first generation reforms undertaken were crisis driven and today it is high time that the country planners deliberate and form a policy aiming for the second generation reforms. This will not only unlock the underlying potential of the economy but will also address the important objective of all economic policy; namely social equity and justice- a front on which unarguably the progress has been slow and less than satisfactory. The mid term review of the tenth plan has noted with alarm and alacrity that we are lagging behind critical human development goals.

The next five years are going to be the watershed years in this very context. The Indian success story has so far seen markets booming, sensex soaring and software exports zooming high and in five years’ time we will have another feather in our cap through the accomplishment of Commonwealth 2010 games. But at the same time the seriousness of the issues like farmers’ suicide, rural-urban divide, and malnourished children forces us to think about the other end of the spectrum too. The implications of such a skewed growth pattern are disastrous for the nation. There is an urgent need for a comprehensive policy to meet the challenges facing rural India in the fields of agriculture, infrastructure, health and education. The same stands equally true for the urban sectors of the economy with some suitable modification on the focus areas.

The key to unlocking the Indian growth potential lies in a sustainable use of its vast human resource and technical expertise. The need of the hour is to replicate the Indian success story in all the fields that have been as yet left untouched. The information and biotechnology revolutions we have witnessed are of immediate need in most other sectors today. The time is ripe to leverage the position of advantage India today has in the global markets to serve the pressing needs of an average citizen of the country. Only then will we be able to lift ourselves up from the sandwiched position we have today in the world as observed by United Nations Development Program in its Human Development Report-2005. The very fact that India is sandwiched between Sao Tome and Principe and Solomon Islands in the report would be a powerful motivator to aim for such a change for most Indians I believe.

Questions and No Answers...

Choiceless awareness -- is it a possibility?

IT BETTER BE. OR A LOT IN LIFE WILL BE BIOCHEMICALLY/GENETICALLY DICTATED.FREE WILL ARISES ONLY AFTER CHOICELESS AWARENESS. WITHOUT IT FREE WILL IS A MERE EMPTY CLAIM BY A SLAVE OF THE THOUGHT.

Choiceless does it means there is no thought present in the context of making choice?

I WILL TELL U WHAT I HAVE FOUND IN 7 YEARS. CHOICELESS PERHAPS IMPLIES OBSERVATION WITHOUT IDENTIFICATION. WHICH MEANS SEEING EVERY THOUGHT PASSING THE MIND WITHOUT THINKING ABOUT ANY OTHER THOUGHT. NO SECONDARY THOUGHT IS THOUGHT OF AS WE OBSERVE ONE THOUGHT. AS AN UNDENAIBLE FACT AS I OBSERVE A SINGLE THOUGHT ANOTHER ONE ARISES GIVEN THE ANALOGICAL PROPERTY OF HUMAN MIND. BUT KRISHNAMURTI STEPS IN HERE. THE KEY LIES IN NOT LETTING GO THE MEDITATIVE STATE AND INSTEAD ATTEND TO THE THOUGHT THAT JUST AROSE. IN THIS WAY NO OTHER THOUGHT REIGNS SUPREME WHICH MEANS THAT ALL RISING THOUGHTS ARE SEEN AS THEY RISE .ANALOGICALLY OR OTHERWISE. THIS PROCESS IS CHOICELESS COZ NO THOUGHT IS CHOSEN OVER THE OTHER. BEING CHOICELESSLY AWARE OF EACH AND EVERY THOUGHT.

Our bases of all thoughts are choices(i can elaborate on this context )

THOUGHTS GIVE US CHOICES. I AGREE TILL HERE. WHAT U SAY I M NOT ABLE TO APPRECIATE. I NEED UR VIEWPOINT IN MORE DETAIL.

Is awareness different from conciousness(i want to have a collection of opinions on this topic to refine our search).


THAT IS MORE OF A THEORETICAL APPROACH. IF WE R AWARE OF OUR EXISTENCE EVERY MOMENT THE CONSCIOUNESS AND AWARENESS ARE PRACTICALLY IDENTICAL. THEORETCALLY WHEN DEATH COMES BOTH MUST END. I DONT KNOW MORE TO ELABORATE. THOUGH QUESTION INDEED.

When no thought is present how can we even make an observation? for that even some thought has to be present.

OBSERVATION WITHOUT THOUGHT IS POSSIBLE. MOST OF THE TIMES WE OBSERVE THINGS A PARALLEL THOUGHT-CHATTER IS GOING IN OUR MINDS. K SAYS TO BE AWARE OF THIS ENDLESS CHATTER. WHEN THIS HAPPENS THE CHATTER ENDS AND MIND SEES THINGS WITHOUT ANY PREJUDICE OR BIAS TO LOOK IN A CERTAIN WAY. REMEMBER MADONNA SINGING "U ONLY C WHAT UR EYES WANT TO SEE" SHE GOT IT RITE THERE!!!

About thoughts i would like to ask is there any thought of your own(0riginal or creational)
DIFFICULT TO SAY BUT THERE A MORE CHANCES THAT THERE ISN'T. WHATEVER MITE SEEMS TO BE MINE IS A ILLUSION AT BEST. THE THOUGHT IS UNORIGIANAL SINCE IT IS JUST A REARRANGEMENT OF THINGS KNOWN ALREADY TO THE MIND. A "NEW" THOUGHT IS IMPOSSIBLE COZ HOW WILL THE MIND RECOGNIZE IT AS NEW...MIND CN RECOGNISE ONLY A THING OR THOUGHT WHOSE ELEMENTS ARE ALL KNOWN TO IT ALREADY.



or is there anything called mind (have we ever proved that mind exists which is the base of creation of thought )

MIND IS CALLING ITSELF THE MIND. ITS AN ABSTRACTIO OF THE HIGHEST DEGREE....THE MIND GIVING A NAME TO ITSELF. IMPOSSBLE WITH MACHINES TODAY. THE SPLIT IS INHERENT TO HUMAN MIND. REMEMBER "THE OBSERVER IS THE OBSERVED" ITS OF THAT SORT I THINK.


Thought of Fear we can corelate to our genes if it was not present peoples will be jumping into fire doing all kind of stuff leading to extinction. One argument i can have in favour of creation of thought is the very first thought itself .. how did it form? Have we ever thought of anthing beyond our perception of 5 senses(i do not negate the sixth sence als

THOUGHT PROBABLY ORIGINATED IN THE MIND TO SERVE ITS SINGLE MOST IMP PURPOSE: U SAID IT ABSOLUTEL RITE. SURVIVAL. WE R DISCUSSING HOW GREAT THE ROLE DOES THOUGHT HAVE BEYOND SURVIVAL. LIKE A DOG WHICH WAS DOMESTICATED FOR MASTER'S PROTECTION SUDDENLY TURNS BACK TO BITE ITS MASTER. THAT IS THE SCENARIO WITH THOUGHT. THE DOG IS OUR THOUGHT HERE ANALOGY WISE.