Prof. Sanjay Bakshi

Gratitude – MDI, Gurgaon

~~Today~~ A few days back I met Chirag (MDI 2009). He was in office and we got talking about life and times at MDI. And I realised that everything that I have in life, good or bad, has its roots at MDI.

Wanted to make a list. Here it is.

Work.
I run C4E. We are a full-service, bespoke, corporate events management agency. When I was at MDI, I could have never predicted that I will run an events agency someday. I wanted to change the world but events? No.

Funny thing is that my first ever tryst with events happened at MDI. Back in 2005 and 2006, I was part of Imperium – the annual cultural festival at MDI. And I arranged and organised the entire thing (along with few others).

The second time I got to work on events also happened because of MDI. In 2009, after my gig with CLA and Cyntax got over, I was looking for an opportunity to do something and I wrote to the MDI alumni group. Off the people that responded, I chose to work with Suvi (at Gravity) and Suvi chose to work with me. This was a full-time job in events and I was part of the client servicing and planning teams. Since at Gravity, everyone does everything, I got immense exposure that shaped me into who I am. Plus the stint with Gravity gave me the tools to run C4E.

Writing.
It was at MDI that I first started taking writing seriously. I did have a blog before I went to MDI but it was at MDI that I started documenting my mundane life. And because at that age you really want to get really famous, I would share the link with friends and family. While most people ignored me, some of them did encourage me. And each piece of encouragement made me write more. And then it became a feedback loop. And it is yet to end.

Oh, it was at MDI when I first thought I could write a book. While I had wanted to be an author since I can remember, it was at MDI that Sandeep and I planned to write a novel inspired by our time at MDI. I think Chetan Bhagat had just written Five Point Someone. So nothing was impossible. We were young and had a lot of time on our hands. And writing was not too tough. You know what I mean?

P.S.: The inspiration and confidence to actually write the book came after Suds published his. And it was an alum from MDI that agreed to publish my first!

People.
Out of 5 people that matter to me (apart from my immediate family), at least 2 are from MDI – VG and VK. Both these are my closest confidantes and are key pillars in my support structure. Everytime I am down in dumps, I find solace in their company. Every key decision in life requires their approval. Conversations with them have shaped the way I think. There is no shame or guilt or any other negative emotion when I talk to them. I can bare my soul and share my deepest fears and darkest thoughts with them. And I wont be wrong in saying that I dont know what I’d do without them.

Apart from these two, some of my closest friends and well-wishers are friends that I made because of MDI. The list is way too long to actually fit into a blog. If you guys are reading this, thank you. All of you. Class of 2004-2006, seniors, juniors and others.

Purpose.
I am still figuring out what I want to do in life and identify a purpose for myself (I do have vague ideas that I want to create and in the process inspire others) and my raison d’etre. Thing is, the closest thing to a perfect human being — where the guys’ doing a great job, making impact, making money and living a life that inspires others — is Prof. Bakshi. And where did I meet him? At MDI!

It was Prof. Bakshi that introduced me to the ideas of Warren Buffet and the advantages of multidisciplinary thinking. It was at his BFBV classes that I realised that I dont know so many things and there are so many things that I dont know that I dont know.

Its a different story that I got a D in his course – blame it on all the financial number crunching that he expected us to do. Here’s the secret. Numbers is NOT my thing.

Any how. In the end…
So, yeah. MDI has had super influence. Of course, serendipity and random luck has had a large role to play in putting me where I am. I would’ve loved to control it. But because I can’t, I dont want to bother about it.

P.S.: What about that thing where you say you are more than what you do?

Life and Death

I woke up on Monday morning to the news of demise of Parag Parikh in a car crash, in Omaha. He had gone to attend the Berkshire Hathaway shareholder’s meet.

Although I did not know Parag but I knew of him. He was part of the small close-knit value investor community in India (spearheaded by Prof. Bakshi). And since I have been wanting to be a part of this community, I knew of most people in the group (some are friends that I often exchange email with). Of course I am not good enough to be a part and thus I just knew of Parag (and others).

And even though I did not know Parag, for some reason, his demise has moved me. Probably because he is was one of those few who were working on something that they loved!

In contrast are people like me. The ones who have a million dreams and aspirations and yet we dont move a muscle to get closer to those dreams. We don’t realize that the life as we know it could be over in a minute and all those dreams would be left to rot after we are gone. We continue to breathe and do non-useful things and occupy space and resources on Mother Earth and kill time. Waiting for that inevitable end.

What use is the life of mediocrity when the great ones are not allowed to live to their fullest potential? Remember Steve‘s words? If you don’t it, now would be a good time to revisit what he said. Here is a snippet.

Via @adatar on twitter

All I can say to Parag is thank you so much. You were an inspiration. I was envious of you. Always wanted to be a friend (there were so many stories about you from people I know who worked with you). I promise I will make my life count!

Also reminded me of something that I wrote way back in 2009. And for some reason that Earthquake in Nepal that brought the country to its knees did not affect me. Neither did any other accident or something. Although Parag’s accident is just a news for me, it moved me. So much that I am reevaluating a lot of things.

T. Teach.

This is a part of the April A to Z Challenge. My theme is my Bucket List. Read about it here.

Next is T. T for Teach.

Teaching, they say, is the noblest of all professions. They say that a teacher has the opportunity to shape the future of individuals and communities. And the teachers have the responsibility to shape the future of individuals and communities.

A teacher can inspire, can change the way a pupil thinks and works. In fact most great men became great because they had access to great teachers. Look at history. There is Arjuna and Eklayva and Guru Drona. Look at modern times. There is Warren Buffett and Ben Graham. Examples are plenty. So many that I can write a whole book about teacher / pupil success stories.

So, I am very sure that before I die, I want to take up the opportunity of being a teacher. And the responsibility of being a teacher. There are ifs and buts. And I know I would find answers.

Prof. Sanjay Bakshi

Ifs are, what if I am not a good teacher? What if I fail? What if I cant communicate well? What if I am redundant?

Buts are, but why would someone want to learn from you? But what would I teach? But is what I teach relevant in the modern world?

Tough questions. Tough to answer. I have a few years to find answers. And I will. I have to teach. There is no two ways about it. Thing is, when you teach, you are defending what you proclaim to be an expert at, in front of so many curious brains with their respective individual perspectives. Each interaction, each conversation, each defense, each objection, each rebuttal, is like a lesson. Its like a sentence, its like an execution and its like a new life.

More than responsibility and the opportunity, teaching is a brilliant way to improve yourself. Try it and you’d know. I have done some bits of it and I am dying to get back in front of a class and share what I know and learn from others.

Thats it. Bucket List item starting with T is Teach!

Oh, this post about teaching would be incomplete without a few words about Prof. Bakshi. He’s one amongst the multiple giants who’ve kindly given me their shoulders to stand on. I am very fortunate that I took his course on behavioral finance at MDI. It has changed me for good.

To be honest, I was a really poor student and he may not even remember me. But whatever limited I know in life, whatever little that I am proud of, Prof. Bakshi has played a large part in helping me achieve it. Thank you Sir.

Do read Prof Sanjay Bakshi’s Story. This has to be one of the most inspiring stories that I’ve ever read.

Onwards to U tomorrow!

Other posts in the A to Z Challenge: Ancient Ruins, Book, Coffee Shop, Date a Supermodel, Entrepreneurship, (Be a) Finisher, Give Away my Wealth, Handle a Baby, Inspire, Jack of all trades, Keep my shirt on, Make a lot of money, No, Off the Grid, Poker, Question Everything, Run a Marathon, Settle in the mountains.

Prof. Sanjay Bakshi and BFBV

Every year at around this time, I start fancying a new profession. Value Investing and Teaching. Culprit being Prof. Sanjay Bakshi. Who apart from managing Tactica Capital teaches a very popular course (titled BFBV – Behavioral Finance and Business Valuation) to second year PGPM participants at MDI.

In his own words, “BFBV is an excuse to teach worldly wisdom through multidisciplinary thinking…”. Personally I have benefited immensely from my interactions with him. If I was to write my biography, I will describe a Saurabh Garg before he met Prof. Bakshi and another Saurabh Garg after he took BFBV. The course teaches you concepts and make you aware of ideas from vast variety of disciplines – Economics, Finance, Biology, History, Philosophy, Architecture, Religion, Mathematics etc. The course takes lessons from Illuminati like Benjamin Franklin, Charlie Munger, Warren Buffet (to name just a few)

He recently started the 2009 session of his value investing, behavioral finance and decision making course (course outline here). Please subscribe to Prof. Bakshi’s blog here to get an update on his teaching material. Personally and professionally I will recommend it to anyone who wants to reinvent himself and believes that learning is a life long journey rather than an one time initiative. After taking a course you start looking at life in a different view all together.

I cant say that course made me wiser and more mature but I can say one thing for sure. It is an awesome experience and even if you are not looking at any long term rewards, the time you spent on that course is one of the most satisfying periods of your life. Do try it.

P.S.: Sandeep and I started PseudoSocial sometime back in 2006 to share whatever little we know and hoping to learn more and connect with more investors. The blog was a very rewarding experience till the time we were updating it. Time and work commitment does not permit us to update is very frequently. If someone wants to resurrect it, please let me know.

Lose Yourself – Eminem

I don’t really listen to a lot of English music but here is something that I love.

Heard this first time when Prof. Bakshi used this in one of his classes. One of his slides on probability quoted Eminem as

You better lose yourself in the music, the moment
You own it, you better never let it go
You only get one shot, do not miss your chance to blow
This opportunity comes once in a lifetime yo

Here are the complete lyrics …

Look, if you had one shot, or one opportunity
To seize everything you ever wanted-One moment
Would you capture it or just let it slip?

His palms are sweaty, knees weak, arms are heavy
There’s vomit on his sweater already, mom’s spaghetti
He’s nervous, but on the surface he looks calm and ready
To drop bombs, but he keeps on forgettin
What he wrote down, the whole crowd goes so loud
He opens his mouth, but the words won’t come out
He’s chokin, how everybody’s jokin now
The clock’s run out, time’s up over, bloah!
Snap back to reality, Oh there goes gravity
Oh, there goes Rabbit, he choked
He’s so mad, but he won’t give up that
Easy, no
He won’t have it , he knows his whole back’s to these ropes
It don’t matter, he’s dope
He knows that, but he’s broke
He’s so stagnant that he knows
When he goes back to his mobile home, that’s when it’s
Back to the lab again yo
This whole rap shit
He better go capture this moment and hope it don’t pass him

[Hook:]
You better lose yourself in the music, the moment
You own it, you better never let it go
You only get one shot, do not miss your chance to blow
This opportunity comes once in a lifetime yo

The soul’s escaping, through this hole that it’s gaping
This world is mine for the taking
Make me king, as we move toward a, new world order
A normal life is borin, but superstardom’s close to post mortem
It only grows harder, only grows hotter
He blows us all over these hoes is all on him
Coast to coast shows, he’s know as the globetrotter
Lonely roads, God only knows
He’s grown farther from home, he’s no father
He goes home and barely knows his own daughter
But hold your nose cuz here goes the cold water
His hoes don’t want him no mo, he’s cold product
They moved on to the next schmoe who flows
He nose dove and sold nada
So the soap opera is told and unfolds
I suppose it’s old partna’, but the beat goes on
Da da dum da dum da da

[Hook]

No more games, I’ma change what you call rage
Tear this mothafuckin roof off like 2 dogs caged
I was playin in the beginnin, the mood all changed
I been chewed up and spit out and booed off stage
But I kept rhymin and stepwritin the next cypher
Best believe somebody’s payin the pied piper
All the pain inside amplified by the fact
That I can’t get by with my 9 to 5
And I can’t provide the right type of life for my family
Cuz man, these goddam food stamps don’t buy diapers
And it’s no movie, there’s no Mekhi Phifer, this is my life
And these times are so hard and it’s getting even harder
Tryin to feed and water my seed, plus
Teeter totter caught up between being a father and a prima donna
Baby mama drama’s screamin on and
Too much for me to wanna
Stay in one spot, another day of monotony
Has gotten me to the point, I’m like a snail
I’ve got to formulate a plot fore I end up in jail or shot
Success is my only mothafuckin option, failure’s not
Mom, I love you, but this trailer’s got to go
I cannot grow old in Salem’s lot
So here I go is my shot.
Feet fail me not cuz maybe the only opportunity that I got

[Hook]

You can do anything you set your mind to, man

Copy Pasted from AZlyrics.com

Links
Wikipedia on Eminem