Wednesday, June 27, 2007

Involuntary Judgementalism: Are we a victim or the cause?

It is human nature to form an opinion as we perceive our surroundings. Our perception of things as we see/hear/touch/taste/smell gives us an idea of what we think of those things. This idea forms the basis for all of our actions in relation to that thing. Sometimes without our knowledge, this opinion forms a critical part of our decisions. As time flies by, these opinions still have a say on our decisions irrespective of where we are and what we do. It gets to a point where we are being judgemental about things even when we dont realize it. We like to believe that we always make rational decisions, but do we? Is man a victim of involuntary judgementalism or merely the cause for it? Are we sophisticated enough to figure if our decisions are truely rational?

Tuesday, June 05, 2007

A grim time with tech sector lay-offs?

While some companies are still interviewing people for new jobs and growth, we have had a slew of layoff announcements in the last weeks. Some examples that come to mind are:

1. Motorola axes 4000 jobs

2. IBM cuts 1570 jobs

3. Dell removes 7000 jobs

Add this to Bernanke's recent comments on interest rates and the persistence of slump in the housing market, it calls for a cautious approach to the near future.