It might seem to many that this blog may be going the way so many blogs before it have gone.
A slowly petering out, half hounourable half ignoble death.
But to the great dismay of many (i hear them sigh) let me put your worries at ease. No such death for the site is yet planed.
The rapidly approaching exams have me pressed for time, and wasting that writing for a site that nobody visits but for its content of 'aunty girls karachi' hardly seems worthwhile.
Furthermore, from the current vistage spread out infront of me - of students labouring at ungodly hours in the pursuit of a greater understanding of the pseudo-sciences that they teach here, my perceptions of humanity (what little i garner nowadays) are not happy.
Further exacerbated by a recent chornic problem of holding cogent thought - suffice to say, i havent been motivated to write of late.
The present instance is however motivated by an interesting paragraph on market efficiencies in stock markets (interesting ofcourse, is a deeply relative term) is included below.
“Professional investment may be likened to those newspaper competitions in which competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to thecompetitor whose choice most nearly corresponds to the average preferences of the competitors as a whole; so that each competitor has to pick, not those faces which he himself finds prettiest, but those he thinks likeliest to catch the fancy of the other competitors, all of whom are looking at the problem from the same point of view.It is not a case of choosing those which, to the best of one’s judgement, are really the prettiest, nor even those which average opinion genuinely thinks the prettiest. We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be”