The Cash Back Myth.

Recently my credit card company sent a mail stating that I would get a 10% cash back if  I purchased using my credit card for $30 or more at a specific retail outlet . So if I buy any merchandise for $30, I will get $3 back in my pocket. But should I really avail this offer ? Even if I don't have the need to buy at some place, just because i get a 10% cash back should I go and buy there ? A normal perception is to look at the $3 returns instead of the $27 that went away from the pocket.
A case in point for " A penny wise pound foolish".
 

Who Moved You The Most .

I have been following the American Presidential race closely this year. I am not an American Citizen to imbibe all that was promised by the candidates but as a rational thinker i feel it boils down to how convincing each candidate is at the end of the day. Half the time, the speeches are wasted in ridiculing the opponent's policies and the remaining half goes of in making as many people in the crowd cry or raise and give a standing ovation. If I had an opportunity to vote here, I would toss a coin and decide my candidate because the chances of me going wrong in my decision is just 50%.

On Making Mistakes !!!

Awesome Speech by Tim Harford .

Motivation !!!

One of my colleagues is a marathon runner. He is an ex-army man and has been running for the past 20 years. Today he gave me an interesting perspective about levels of motivation and training.

He asked me a question.  "You know what stops me from running ? " .

I replied ," Work " .

He corrected me saying "NOTHING !!! ".

He continued saying , "When you are comitted and motivated to do something then nothing can stop you from achieving it . When you start giving excuses then the slope gets slippery". 

I was wowed !!!