If you own a farm you can harvest millions.
If your farm is like Koti Reddy's, surrunded by Microsoft, Polaris, Kanbay, Infosys, Wipro and the Indian School of Business (ISB) in Hydrabad.
Koti Reddy ,62, spends the day on a wooden cot under a tamarind tree in front his two-room house, surrounded by his flock of buffaloes and cows.And his net worth is $20 million. He was given this sum for his 5.3 acre farm by real estate developers. And what did Koti do with the money? He “decided to take only a million dollars as advance”, leaving the rest in the “safe custody” of his buyers.
“I have never seen money beyond $2000 in my life and this windfall is just unbelievable. I plan to donate some of the money to
the Balaji temple,” says the farmer from Nanakramguda, in the middle of Cyberabad.
Koti sold his land reluctantly, under “pressure” from friends and relatives who wouldn’t want the offer from real estate developers to slip away .
Govind, Reddy’s son, says he would prefer to invest the fortune in land once again, but a little away from the city. “We know agriculture as the only livelihood. We can’t live without land.”
The family plans to buy around 100 acres for a farm.
Smart move!
30 October 2006
29 October 2006
26 October 2006
The costliest pizza in history, whichever way you slice it.
David Remnick, in The New Yorker article about Bill Clinton has this observation about how history unfolded:
"...if Monica Lewinsky hadn’t been on pizza duty during the government shutdown of 1995 (and Clinton not so predisposed to share the snack) there might never have been a Bush Presidency at all, or a hyped case for war in Iraq, a botched occupation, a skyrocketing budget deficit, a morally and bureaucratically bungled reaction to Hurricane Katrina, and a loss of American prestige around the world. His kingdom for a slice!"
"...if Monica Lewinsky hadn’t been on pizza duty during the government shutdown of 1995 (and Clinton not so predisposed to share the snack) there might never have been a Bush Presidency at all, or a hyped case for war in Iraq, a botched occupation, a skyrocketing budget deficit, a morally and bureaucratically bungled reaction to Hurricane Katrina, and a loss of American prestige around the world. His kingdom for a slice!"
10 October 2006
Why did Google buy YouTube when it could have bought Sierra Leone with that money?
Google is shelling out $1.6 billion in hard cash to buy YouTub- a company which lets veiwers post and watch videos for free, by paying out $1 million every month in band-width cost from its own pocket.
With 1.6 billion US , Google could have bought Sierra Leone instead. Consider the numbers. Sierra Leone has a population of 5.3 million whose per capita income is
$220. So the total yearly income of the entire population of Sierra leone is $1.16 billion. Thats less than what Google paid out for a server-in-a-garage.
And this is how Google can buy Sierra Leone- still. Run saturation coverage ads on SL TV, newspapers, billboard, camel-backs and whatever else is the local medium of choice saying that everyone can quit work for a year and will continue to get their usual income now from Google. This would include everyone from the lowliest diamond mine worker to the millionaire politicians, diamond-smugglers and the fighters on both sides of the civil-war-lines. The total outflow of cash outflow would be a a bit over the total inclome of $1.16 billions, factoring in the natural propensity of an average Sierra Leonian to inflate his reported income like the average American.
Let the internal dynamics of the country work out the best way how the country will be handed to you. The most likely scenario will be that the politicians will cash in their Google cheques and move abroad (Swiss villas, ranches in Santa Monica next to the Brins and the Pages, whatever).
The average citizen will gladly accept the Google income and save themselves the drudgery of having to work. So fairly soon the country will be signed over to Google legally and all the citizens could then consider themselves employees of Google.Inc.
And then what? Well if you guys can recover $1.6 b from a server-in-a-garage, can't you make money from a whole country stuffed with diamonds.
If you guys at Google ever decide to do this, remember, you got the idea here and do send me a small percentage of the price of Sierrra Leone.
With 1.6 billion US , Google could have bought Sierra Leone instead. Consider the numbers. Sierra Leone has a population of 5.3 million whose per capita income is
$220. So the total yearly income of the entire population of Sierra leone is $1.16 billion. Thats less than what Google paid out for a server-in-a-garage.
And this is how Google can buy Sierra Leone- still. Run saturation coverage ads on SL TV, newspapers, billboard, camel-backs and whatever else is the local medium of choice saying that everyone can quit work for a year and will continue to get their usual income now from Google. This would include everyone from the lowliest diamond mine worker to the millionaire politicians, diamond-smugglers and the fighters on both sides of the civil-war-lines. The total outflow of cash outflow would be a a bit over the total inclome of $1.16 billions, factoring in the natural propensity of an average Sierra Leonian to inflate his reported income like the average American.
Let the internal dynamics of the country work out the best way how the country will be handed to you. The most likely scenario will be that the politicians will cash in their Google cheques and move abroad (Swiss villas, ranches in Santa Monica next to the Brins and the Pages, whatever).
The average citizen will gladly accept the Google income and save themselves the drudgery of having to work. So fairly soon the country will be signed over to Google legally and all the citizens could then consider themselves employees of Google.Inc.
And then what? Well if you guys can recover $1.6 b from a server-in-a-garage, can't you make money from a whole country stuffed with diamonds.
If you guys at Google ever decide to do this, remember, you got the idea here and do send me a small percentage of the price of Sierrra Leone.
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