The startup scene in Karachi. I came back home (Karachi) in 2003 and for a list of odd reasons decided to decline two respectable offers to shift to startup mode again. The first two years were a slog. The network I had left when I headed to the US in the ’90′s had grown in prominence and [...]

Alpha, Fair Alpha or Gamma Rent. N. N. Taleb explains Alpha or the Gamma Rent, in his book Dynamic Hedging, as ‘Theta per Gamma ratio’. At first the concept is quite difficult to grasp but when we reduce the risk free rate and the dividend yield rate to zero, the equation starts to become more edible. Equation In [...]

The daisy fields of Nathiagali. The recipe for a perfect break from civilization. Every few years we get together to bring all the kids under one roof in Nathiagali. The week long break is defined by morning and evening walks where the kids ride horses and the adults trek. There is nothing like sitting on a grassy [...]