Sunday

Hyderabad, India - Day Two

Having a great time at ISB. Finally adjusting to the schedule and staying awake in class. Was very useful when one of my classmates pointed out there was a switch to turn on the hot water in the bathroom - I was on day three of cold showers and just thinking to myself, "dang, they got cars and the Internet but can't heat up water?" Took a trip to the Laad Bazar after class, it's an open air market that has been an active market for 400 years. There's literally probably 100 stores selling the Indian bracelets called bangles. There are over 14,000 shops in this market. I drank a glass of sugar cane juice the vendor was pulling out of raw cane stalks by sending them through a mechanical press, which cost 3 INR (about 7 cents). Saw the Charminar which is a historical edifice in Hyderabad which was constructed hundreds of years ago to lure the population of Hyderabad away from Golconda Fort and basically relocate the downtown urban area. Saw the Mecca Masjid the largest and oldest mosque in Southern India, where 10,000 - 20,000 people visit daily to pray (particularly during Ramadan which it is now). Ate true Southern India food at dinner, which cost ~$6. Having amazing laughs with classmates who are also visiting from UCLA - cool guys Chris, Rosco and Mike. The course material we've covered is about options pricing and derivatives and hedge strategies and risk metrics. A little technical but pretty interesting stuff.