Tuesday, 23 February 2021

How to make Right Decisions by "C" of 'Introduction to Algorithms-CLRS'


I find that I don’t usually get to choose the “right point in time” to make a decision. But I’m going to outline a simple, quantitative decision procedure that I’ve used to make important decisions, and it’s what I recommend to my students. It’s how my coauthors and I decided to choose MIT Press as our publisher for Introduction to Algorithms, and it’s how my wife and I decided that I would take the faculty position at Dartmouth College.

This procedure is for a situation in which you have to decide between or among a number of candidates—in my case, publishers and job offers.

First, list out all the criteria that you are considering. Give each criterion a weight and, for ease, make the weights add to 100.

Next, for each candidate, give it a score in each criterion between 0 and the weight of that criterion. For example, when we were choosing publishers, we gave proximity a weight of 5 (out of 100). The score for MIT Press was 5 out of 5 since their office was literally one block from my apartment. We were also considering a publisher based in California. I don’t remember its proximity score, but it was probably 1 out of 5. (0 would have been for a publisher on another continent.)

Next, add up the scores for each candidate. You’ll get a number from 0 to 100 for each candidate. Presumably, you won’t see 0 (why are you even considering this candidate?) or 100 (why isn’t this decision a no-brainer?).

You’re not done, however. You will very possibly realize that you need to adjust the weights and/or scores. Perhaps you weighted one criterion too lightly and another too heavily. Change the weights and scores, and re-add each candidate’s scores.

Iterate as needed, until you feel like you got it right.
Chances are that you’ll end up deciding what you wanted to decide in the first place. But here’s the real benefit: you’ll know why you made that decision. 

And knowing why you decided for the winner will help you live with the decision later on. Because there will be times when you second-guess yourself. I have found that remembering why I decided to take the Dartmouth position helped me get through the tough times.

Hard-Working People Not Being Able To Make a Good Living....

It’s really depressing to see millions of hard-working people not being able to make a good living.

Why is this happening?

Picture these students working very hard preparing for “battle”:

  • Monday: Physical training
  • Tuesday: Sword fighting trainings
  • Wednesday: Sword and shield training
  • Thursday: Dagger and axe fighting
  • Friday: Warhammer fighting
  • Saturday: Horse riding fights
  • Sunday: Resting

Graduation day comes, time to celebrate!

“Graduates! You have achieved a major milestone in your lives. You paid THOUSANDS for this training… Are you ready for battle?”

“Yes Sir! We’re ready!”


Next day… reality kicks in. Time for battle!

“Okay soldiers, listen carefully… you were trained for this! Be confident! We will face the enemy moving forward!”

“Yes, Sir!”

You’ve got your weapons ready?

“Yes, Sir!”

You’ve sharpened your swords?”

“Yes, Sir!”

Armor and shields ready?”

Yes, Sir! We’re ready!”

NOW ATTAAAAAAAACK!!!!!”

“TO VICTORYYYYYYYY!!!!”

….

BOOM! BOOM! BOOM!

Not even a scratch to the enemy. DISRUPTED!

Rules have changed!

Welcome to the New Economy.

Hard work is NOT good enough anymore. It demands an additional ingredient:

INFORMATION to anticipate change.

SKILLS to adapt to change.

KNOWLEDGE to disrupt, and prevent being disrupted.

We’re in a new economy. The rules of work have changed. As I’ve explained before, I strongly believe that ignorance will be the number one source of poverty in the decades ahead.

   

   -Hector Quintanilla


{ Blogger's Note : For Many in India Coming from lower middle class family : Studying hard, Getting Good College & Scholarship & getting the degree is the way out of that socio-economic status , But do not forget to improve your personality and also learning the latest technologies after you have build a firm base }

Sunday, 21 February 2021

 

  • TCS recruit freshers at Rs 3.36 lakh per year gross compensation. In hand you will receive around Rs 22,000 - Rs 23,000 monthly.
  • I received an offer from Infosys as well at a gross package of Rs 3.25 lakh per year. The gross monthly salary was shown as Rs 22,500 on offer letter but probably you'll receive around Rs 20,000 after deductions.
  • As for Wipro, one of my friends joined Wipro at Rs 3.6 lakh per year but after deductions, they used to get around Rs 23,000 in hand.

Hope that helps!

Going On a Exotic Trip? Read This.........

 This is a true story.

What do you see in this picture ?

If you are like 99% of people I know, you may interpret this picture as a feel-good picture of a man cracking jokes with tourists. This is Rome. A city that looks and feels like a living museum. Every street corner seems to have a historic monument. It’s an amazing and enchanting place!




External Image Source: Getting Scammed in Europe!

 And, you are right. In fact, he is not only cracking jokes with them, he is offering them free gifts - bracelets and trinkets - gifts that he is going to give away to the tourists as a show of kindness.

You refuse but he walks up and ties it on your wrist. “Take it, my friend, this is for you!” In fact, he will not only tie you a friendship bracelet, but if you listen to him for at least 15 seconds, he will want to offer you a second and then another. It’s all for you to keep. And all he wants is for you to be happy. He has had a tough life and he sells items on the roadside to help his young family who live in poverty. Chances are, you’ll be at a point now to feel obliged to give him ‘something’. By human nature, we are too prudent to simply take (forced to receive rather, in this case) items for free.

“No, sir, please … don’t bother,” says he.

“Let me give you something …, ” you say, feeling even worse at this point that you are receiving “gifts” from someone who is exponentially more needy than you.

So you take out your wallet. At this point two things can happen -

The first, and I hear this is the most common - he will demand money and you better pay up. You’ll suddenly become aware that he has friends all around. You didn’t notice them because you were too lost in your feel-good moment of helping this fellow. But they are there. I realised this once I reviewed some videos I had taken and observed many - many other tourists being approached the same way.

The second - and the one I can relate to is the following. I’d add that this may be an exception, but this is exactly what transpired -

As you open the wallet, in a swift, completely unexpected, chilling, moment, he will snatch everything out of your wallet - EVERYTHING - the cash you kept on your way to the Colosseum from the hotel, US Dollars, Euros - everything. Gone. You stand there - trying to process what just happened. After two seconds, you ask him to give it back and he starts screaming that you are taking his money!

There are tourists all around you. But you are not getting it back. He will keep the money and he and all his friends are ALL armed. A second ago he was a kind-hearted, jovial, cheerful fellow with a difficult life trying to share happiness with the world. A second later - you are staring into the face of a vicious and angry man - his eyes have turned red - his voice has changed, the smiles are gone. You’ve been brought back to reality from a utopian world!


This ‘scam’ is apparently known as the “African Bracelet Scam”. This site on Rome Vacation Tips explained the factors that make this one of the most successful scams anywhere - “

This scam works by preying on the natural human instinct not to be impolite: not to brush off a friendly greeting, not to drop an unwanted gift on the ground.

You’ll pay dearly for being compassionate towards someone and you’ll regret it. That gift is something way more sinister in disguise (See the comments to this post from so many other readers who have experienced the same situation)


Many of the individuals are Africans from war-torn countries who take a dangerous trip to Europe. Countless stories in articles such as, One Migrant's Harrowing Journey From Senegal to Italy, talk of the harrowing tales. Unfortunately, the actions of a few leave a stigma on the entire population from the respective countries. Based on the comments, it also seems that these scams are perpetrated by organised groups based in Italy, not just migrants.

These incidents also raise an ethical dilemma. If you call the cops the individual might get deported back to where he came from and might not survive. If you don’t, he would continue to scam other tourists. It’s a hard choice that you have to make in that brief, fleeting, animated moment!

Several commentators have also mentioned being forced to wear the bracelets and in one case with the other person brandishing sharp object. Once they put it on your wrist, they oftentimes do not let go of your hand until you pay them.

As you may observe from the comments, these incidents are not just commonit is the — norm — believe it or not. If you visit any Roman site, you’re bound to be approached by someone with bracelets in a majority of cases. Every traveller to Rome should be aware of this and avoid becoming a victim.

Please help spread the awareness by sharing this post with friends and family! Thanks for reading!


  -Raj Dasgupta

Saturday, 20 February 2021

I Love Everything About That Person


I can say I love everything, everything about a person before I get to know them well.
This is because I love who I imagine them to be, not who they actually are.

As I get to know them, who they truly are begins to replace my fantasy. And then, ugh. I love them, but they are irritating, annoying, selfish, thoughtless, whatever.

Because, why are they who they are, instead of what I thought?

Why do they love me how they love, instead of how I imagined they would?

Why don’t they do what I expected?

And, even worse, why are they so disappointed with my inability to be who they thought I was?

Be careful when you say you love everything about a person. 

Make sure that who you love is the other, and not your fabulous overactive imagination. Because, that’s not romantic love.

That’s projection, and it’s what we do.

-Dushka Zapata

Lessons


Three stories to begin with:

1. Nokia refused Android
2. Yahoo refused Google
3. Kodak refused digital cameras

Lessons:

1. Take risks
2. Embrace change
3. If you refuse to change with time, you will be obsoleted

Two more stories:

1. Facebook takes over WhatsApp and Instagram
2. Grab takes over Uber in South East Asia

Lessons:

1. Become so powerful that your competitors become your allies
2. Reach the top position and then eliminate the competition
3. Keep innovating

Two more stories:

1. Colonel Sanders founded KFC at the age of 65
2. Jack Ma, who couldn't get a job at KFC, founded Alibaba, and retired at 55

Lessons:

1. Age is just a number
2. Only those who keep trying will succeed

Last but not the least:

Lamborghini was founded as a result of the revenge of a tractor owner who was insulted by Enzo Ferrari, the founder of Ferrari

Lessons:

Never underestimate anyone, ever!

✔️Just keep working hard

✔️ Invest your time wisely

✔️ Don't be afraid to fail

You Star Loosing Friends When You Become More Successful in Life. Really ?



  The simple answer is: Yes.
 
But for a different reason than you expect.
It is not because you are turning into a jerk that doesn't need these people anymore, but rather because you realize that the people you considered “friends” are keeping you down.
  
They keep thinking the same thoughts, taking the same actions, doing the same things that keeps leading them to the same results. These are results that you have outgrown.
  
Sticking around these people makes it so that you fall back into old habits, become more like them, model them and then create similar results to them. Meaning: You become who you used to be again.
 
While that is not a bad thing, it’s most of the time not something people want.
 
They have worked hard to get where they are and keeping old friends around means going back into old habits they’d rather avoid.
You outgrow them, that is all.
 
But they will also notice that and will feel less connected to you.
They will tell you you’ve changed, will blame you for whatever they can, and often try to bring you back to their level not out of spite or jealousy, but rather to feel better about their own life.
 
It is for those reasons that the friendships you used to have stop being as important as they used to be, and, over time, you loose the interest to put in the effort to keep these people in your life.
 
But you will find others that are on a similar path to you that will push you to be your greatest, test your limits and keep trying to raise you up as they raise themselves.
 
There are various reasons why you may loose friends, but the general idea is that in creating a different life you create different interests and people do not wish to keep you as a reminder of where they could be.
It is for that that, as by a self-fulfilling prophecy, you loose the connections you used to have.
 
But, in my opinion, that does not devalue those relationships at all. They have given you a lot of amazing moments, and sometimes it is time to let things go.
 
You will loose a lot of friends on your journey to success, and have to sacrifice many things, but often for other, better things.
It is a give and take, and, overall, it is a much better trade-off than you can imagine!
 
“Pain is temporary. It may last a minute, or an hour, or a day, or a year, but eventually it will subside and something better will take it’s place.” - Lance Armstrong
   
    -Lukas Schwekendiek

Thursday, 18 February 2021

Regardless Of Its Size, Your Invention is Supposed to...........

 






Regardless of its size, your invention is supposed to solve a big problem to have made millions, right? Mr. Ken Ahroni knew that. He solved a big problem. Why are you able to made only one wish per turkey? In order to solve this problem, he started a company (LuckyBreak) and produced fake wishbones. His company reports sales of over $2.5 million each year. He actually needed to solve plenty of problems for that product.

  • Safety - No shards of plastic that could injure someone
  • Appearance - It had to look like a real wishbone
  • It had to break unpredictably
  • It had to sound right when it snapped

He said, he exported to about 10 countries. “But our best story is that we've exported twice to Turkey. Turkey wishbones to Turkey”

During an interview, He said some people compare his business with “pet rock” which was tremendously successful for its basic concept. He said:

“It’s not like the pet rock because I say 'where is the pet rock today?’"

Not a bad idea actually.

  

 -George Smith

Here particularly I will talk about Engineering. How to choose a branch and college to have a great career.


  1. Choose branch over College. Because you have to spend 20–30 years of career in that branch. Some Branches like Computer science , Electronics have huge market demand whereas so called Evergreen branches like Mechanical, Civil have become saturated and obsolete
  2. Work on Cutting edge technologies where lies the job like AI, big data or machine learning have huge demand in future market.
  3. Future of Jobs will be multidisciplinary like a Computer science engineer would be working in Life sciences or psychology. So always broaden your perspective. If you want to be an entrepreneur this is a must
  4. When you get into IIT or NITs or any other colleges you have to start from 0. You are competing with equals. So always work on yourself. This is just beginning of your journey.
  5. Build network. If you want to go ahead along with skills you need network. You can see this easily in college placement or funding of startups. Always build network based on your competence. This ensures long term relationship.
  6. Keeping aside the College study focus on what you want to pursue in career in long run. Invest time in that. College is the best time to begin it
  7. Keep a hobby. Pursue it. Soft skills help to build network. You will realize this later
  8. Work on Interpersonal skills. Hard skills or engineering skills are one thing, but if you want to go to the top of the ladder then Soft skills help you a big way.

For more you can go through My YouTube Abinash Mishra

Do You Get What You Pay For in Luxury Items?

 

Basically anything in the luxury brand category.

Whether it’s Rolex watches, Louis Vuitton bags, Montblanc fountain pens, etc. they are all extremely expensive but don’t do as good a job at their core function as a cheap $10 variant.

The reason is because, unless you’re made of money and throw $100,000 down the drain without a second thought, these products are so expensive that you end up babying them to the point that you aren’t using them for their intended use: instead these luxury items are using you as their babysitter.

I can’t count the number of fountain pen enthusiasts I’ve seen throughout the years keeping their Montblanks and Pelikans in shiny leather metal cases, only taking them out during fountain pen meets to show off to other enthusiasts.

Not a single one of them used these pens as their daily drivers. The pens were so expensive that the thought of misplacing them or denting or even just scratching them was a horrifying proposition.

So these super pens never saw the light of day, only to sit in some glass case to be admired, never to be used.

Meanwhile the same person will go around using a cheap $20 Pilot or Lamy in their pocket every day without a care, using them for their intended purpose which is to write with.

My mother has a Rolex that was given to her by her father. She has never used it not once. It sits at home in a cabinet never to be used.

Even in the not-so-luxury market you will see similar things. Smartphones?

It never ceases to amuse me how so many people will drop $1000 on a phone then buy a $200 case and a $20 tempered glass screen to protect it, because it’s so expensive they’d just cry if it got so much as a nick on its shiny anodized finish.

Meanwhile I’m going around with a $100 phone that’s cheaper than their case, bare naked and don’t give a care in the world, my phone still has fewer scratches on it than their $200 case (the case is not as scratch resistant as the phone most of the time — I think case makers do this on purpose to emphasize to foolish users that their phone might get damaged when in truth the phone is not going to get scratched as easily).

That’s the real problem with expensive products: they demand so much attention and care that they stop being tools we use, and we become tools they use for babysitting.

   

   -Erwin Anciano

Monday, 15 February 2021

5 Powerful Habits That Will Change Your Life

5 powerful habits that will change your life:

  1. Never follow the crowd:
    Set YOUR goals, own them and pursue them.
    Don't take your dreams to the grave!
  2. Embrace change:
    Change is a part of life.
    Disrupt yourself BEFORE change disrupts you.
  3. Live outside your comfort zone:
    Your comfort zone is your DEATH zone.
    Everything you want lies on the edge of your comfort zone.
  4. Pursue knowledge:
    The moment you stop LEARNING, you stop growing.
    When we stop growing, we start dying.
  5. Choose your relationships wisely.
    We become like the people we spend the most time with.
    Remember, eagles don't fly with pigeons

   -Hector Quintanilla


My Life Story: 5000 rupees to 500 crores (Last Part)

Read the first part here before proceeding below :  First Part A fter running the coaching center in Guntur for one year, I had to shut it d...