07.23.06

A more human James Bond ?

Posted in Movies and Books at 4:12 pm by Incanus

I used to watch a lot of 007 movies as a kid and for me Sean Connery was the only real 007(well at least in the early movies he was). But the other actors had their moments too I guess – Roger Moore was good fun with his self depreciating ways while Pierce Brosnan was both fun and smart with all the fast paced action. But of late Bond movies I thought were getting a bit too formula driven and losing their identity amidst all the special effects mayhem of the DC comic adaptations by big Hollywood movies.

 The new BondSo when they did cast Daniel Craig it did seem like a good choice. After all he has done well as an actor in dark brooding character roles and Bond could do with some of the realism, intensity and seriousness the early Sean Connery 007 movies had. It remains to be seen of course if Daniel Craig(who was so impressive in Road to Perdition) can play a larger than life character as well as he does the quirky ones. If he does carry it off he might just be what the Bond franchise needed. For starters he does seem to have the right ideas on how to play Bond. And his choice has generated a fair bit of controvery already with criticism and support coming in thick and fast. The media blitz seems to be working since I now can’t wait to see how Casino Royale turns out. Hopefully it will be a bit different in tone from the last 2-3 Bond flicks.

Time to answer your critics Sachin…

Posted in Cricket at 3:17 pm by Incanus

Sachin Tendulkar’s long term fan and former teammate Sanjay Manjrekar is sure trying hard to provoke him out of his recent form slump. In a recent article at Indiatimes.com Sanjay questions the state of Sachin’s mind. Comparing Sachin with the likes of Lara and Inzamam ul Haq, Sanjay states that Sachin seems to be too cautious and not taking enough risks when not at full fitness. Former players have predictably sprung up in defence of Sachin Tendulkar over Manjrekar’s remarks about  the batting maestro’s fear of failure. But I don’t think there is a lot of malice behind Sanjay’s remarks. Maybe they represent the frustration of a fan watching Sachin fumble through the last 3-4 years, falling prey to bowlers he would have massacred in his heydays.

Sachin with batAnyway all this talk has made me look up some of Sachin’s recent career statistics again. For my analysis I filtered out the initial period till 2002 when he was in the top 5 Test batting rankings consistently. I think that’s fair since his ICC test ranking peaked at 898 points against Zimbabwe in 2002 home series. In the 40 test matches since then his batting averages have dipped to 47.66 and if you remove the scores against Bangladesh it moderates further to 43.45 (details here). He has won only 2 Man of the Match awards in this period and no Man of the series awards (details here). A more telling statistics is his current test batting ranking of 21 and his tally of 644 points the lowest since 1993. This is the only time Sachin has dropped out of the top twenty batsmen rankings! Maybe some of it could be explained by his frequent absence from the team recently but his form hasn’t shown any signs of improving in those numerous comebacks. In fact in stock market parlance his rankings graph looks like a big rounded top breaking down. Guess for now Ricky Ponting has firmly taken over the mantle of the best batsman in the world. But still it would be nice to see Sachin show some fire and play freely with aggression like before. I’d rather see him making one brilliant 100 and several failures than struggle through painstaking 50’s to maintain his Test averages.

07.16.06

Two new hopefuls…

Posted in Cricket at 3:15 am by Incanus

Rohit SharmaI do like to follow new upcoming players in most sports. Especially so in cricket, maybe since it’s easier to follow obscure young players coming through. Guess I get a kick out of being witness to the transformation that typically takes place by the time a talented player finally makes the cut in an international side. Of course this process of following hopefuls is fraught with the frustration of seeing talent burn out or being frittered away. I remember having high hopes from Ambati Raidu to make it in the Test arena after seeing him bat in the under-19’s. But after a bright start he has faded away after bowlers in our domestic leagues sorted out his technical weaknesses.

Piyush ChawlaAnyway nowadays I’m keenly following the progress made by Piyush Chawla(17 yrs) a classical leg spinner and Rohit Sharma(19 yrs) a wristy batsman who bats a bit like VVS Laksman. I first noticed Piyush in the under 19 world cup while Rohit Sharma made an impression in the India A games against Pakistan A in Dubai earlier this year. Piyush is ahead as far as current progress goes having played 1 Test and some one dayers. He also helped UP win the Ranji Trophy this year. Rohit has only played in under 19’s and some India A games so far prior to the ongoing India A tour in Australia. So far they seem to be doing well in Australian conditions. Piyush took 7 wickets in this weeks victory against New Zealand A while Rohit scored a 50.

A search for balance…

Posted in Personal at 1:32 am by Incanus

Just been musing over some incidents that occurred with me over the past 3-4 weeks. Wondering why an on-line presence seems to affect behaviour so much. In the various on-line forums I’ve been part of in the past 3-4 years, similar extreme symptoms seem to arise in me and in others. The urge to appear smarter, more idealistic or honest seems overwhelming. Conversely also is the almost uncontrollable desire to criticize / cut to ribbons any remotely inadequate action by others. A subtler form might also be the urge to whine incessantly in blogs about how everyone in authority is wrong, corrupt, hopeless or without any sort of morals whatsoever. I suppose there are many very focused blogs that do make a difference by taking up activist causes. But the balance is kind of fine I guess since there are countless others that are just hopelessly phony. My last blog did have its moments on both sides of that thin line so I ‘ll be extra careful here. Much rather concentrate on things that I care about regardless of how insignificant or nondescript they may be.

07.15.06

Tough weeks ahead…

Posted in Economy & Business, Investing at 3:33 am by Incanus

“The trouble with our times is that the future is not what it used to be” – Paul Valery.

So much for my plans to have a more organised and possibly relaxed work routine. The world seems to be going up in flames this week. After the bombings in Bombay now Israel’s taking retalliatory action against the Hezbollah in Beirut thus sending Oil to record highs. And to make the macroeconomic conditions murkier BOJ(as expected) raises rates for the first time in 6 years. The last time they raised rates back in 2000 it coincided with (caused ?) their economy going into a deflationary tailspin. Soon enough the US & world economy joined them by going into a 3 year depression.

This time around the World economy is a little more robust – U.S, China & emerging markets including India going great guns and others(Europe, Japan) in the throes of recovery. Maybe if the US economy has a soft landing in second half of the year crude will go back to saner levels. Of course before that we’ll have to see how this present flash-point plays out. Iran’s nuclear ambitions are likely to have an impact on Oil too in the coming months. Will markets force me to abandon my no leverage stance & punt on crude futures as a hedge ? Well quite some time to go for that I guess.

There were actually some bright spots for me this week – the results of my 2 favourite companies. Infosys had a blowout quarter beating even my most optimistic estimates by big margins. On the other hand HDFC Bank defied higher interest rates and a scare of credit slowdown to post their 17Th(!) successive 30%+ quarterly net profit increase. Now hopefully in the next 3 weeks other companies would perform just as well in their quarterly results.

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