Dividends = Marriage then Repurchase =?

This was exactly the question asked by our fin prof in class today...

Our fin class today was around Dividends vs. Repurchasing. The prof was describing when to announce dividends vs. repurchasing shares and what they signal to the market. Dividends signal to the market that the firm expects to have sustainable high earning even in the future. On the other hand, repurchasing stocks is a 1 time transaction that signals that you may undervalue your company.

He proceeds to say that dividends is much more of a long-term commitment. I like to think of it as a marriage.

1 student unable to contain himself laughs out loud. To which,  the professor remarks that well most people would consider marriage as a long-term commitment. The student continues to smile and hold back his laughter.

The prof next says, "if we go with the assumption that dividends is like marriage, then what's repurchasing shares?"

The same student wittingly replies, "a 1 night stand!"

To this the prof remarks that last class an eager female student said that it's an affair... this guy (pointing at the student) is even worse. Saying to the rest of class, prof says, "come on guys, get with the program." Lol!

P.S. I also found out that Nandita Das and Rahul Bose are here. I hope I can see them and take a pic with them. That would be super cool!

Caught up

How to not get caught in the fast tide which is ISB? Prof asked of a metaphor for ISB. Mine was... a small river raft with me in it in the middle of ocean and I dont know how to swim.

Another one that I liked was...metaphor of tatooes.

High on life?

Nahhhhh... Yesterday for the first time, I got high on paint. Yes, paint! We had a Glow in the Dark Party to celebrate the end of Term3 Midterms. I was really exhausted that day and in the beginning the party wasn't that good, so, I allowed my friends to put paint on my face. We all looked like warriors...haha. i hate the smell of paint but being lazy or tired, i didnt remove the paint entire night. Result= couldnt wake up next morning was totally out of it 'til like 6 or 7 and that too after 2 med size cups of coffee.

2 things I realized...don't ever want to be high again and I become much quieter n stupider.

Bandhan

Soooo bogged down getting these tshirts for the Bandhan event. Perfect example of over engineering a process or a process failing because organization has grown too large and doesn't realize inefficiencies in the system.

Also, today is raksha badhan and I tied rakhi to my new mu-bola bhai. Feel so awesome.

And I hit a guy with a chocolate bc someone thought it would be nice to tug at my hand to steal the chocolate. How embarrassing?!?!?!?!

But gotta make this tshirt successful...feel a small spark of drive!

What awesome weather...

Got on the anti-discrimination committee here. Really excited about it. If I could senstize even 1 person I would feel so awesome. Never had my values so challenged before but may be I would be a different had I grown up in India.

Also had an awesome first class with DJ. Actually understood managerial accounting for the first time and appreciated it.

Weather is great as well...it's like typical bollywood movie type of weather... a little chilly wind but amazingly refreshing wind. If only I could enjoy this...

Time is flying....

I feel like I start each blog with I can't believe...but that's been my experience so far in India and at ISB. Term 3 is midway over and that just seems wrong. It's been only 3 months. So much has happened. Probably the best thing that has happened so far is this special girl name Meenal Sethia. For the first time, it felt like someone understood me really well. She was like a little sister to me. And such a super cute child. From the bottom of my heart I wish and pray for her best in life. Term 3 has been marked by cases...cases in accounting class, cases in finance class, cases in operations class, and cases in entreprenuership class. How much? Off to reading another case...Owens and Minor Inc.

Dead scorpion

When I first heard that ISB has a jungle around it and has a healthy ecosystem with snakes, scorpion, etc., I seriously thought to myself "shit...where the hell have I come."  Last time, I probably saw a snake or scorpion just roaming around was when I was living in India (10 years old or younger).  Even when I used to visit back, seeing these creatures was my biggest fear.

Today, the fear remains.

Even worst, every time it's dark outside and I have to walk around, I only pray and stare at the road ahead.  I pray that I don't see a snake or scorpion.  Just now, coming back I forgot to do the normal routine and was talking casually.  Right then, saw my teammate stopped back and was staring back.  He was staring at a dead scorpion.  He was evaluating whether it was dead or not.  Consequently I had just passed in front of the scorpion not even realizing.  Soooo glad it was dead.

Dead Scorpion on the road

Even while taking the above picture, I was scared to get close.... oh gosh!  Just praying...nothing else for tonight.  Good night, World!