The Secret Economics of A VIP Party – Link here
Interesting research on Holding companies – Link here
Asset Allocation Beyond the Zero Bound – Link here
40 Things I’ve Learned in 40 Years – Link here
Keep Running! – Link here
Put These Charts on Your Wall … 2020 Edition – Link here
The violent attack that turned a man into a maths genius – Link here
Robinhood Has Lured Young Traders, Sometimes With Devastating Results – Link here
Thread – Why do stocks keep rising? 2008 Redux? Crypto ponzi?! – Link here or Link here
5 Thoughts on a World with No Yield – Link here
Amish on ‘Legend of Suheldev’: ‘Our invaders were Turks, not Indian Muslims – Link here – if you are not fan or his work or fiction work in general you can ignore whole interview, however only read this part that I have replicated below
Writing through a writers’ centre has been done in the West—by authors like James Patterson, Wilbur Smith and so on—though it hasn’t been tried in India, as far as I am aware. Each writer has their model for such collaborations. At the writers’ centre, we have hired writers, for whom I prepare a story summary, which may be 5,000-10,000 words long. It gives the overall story arc, the main characters, along with a list of works that should be read as part of the research. Then the writers do a first draft of roughly 60,000-70,000 words. I work on this draft and finalize the manuscript.
The entire process expands my capacity as a writer. I would otherwise take a year and half to two years to finish a book. The aim is make each book appear as close to my original style as possible. I don’t want to misrepresent the writing process in any way. The books I write myself—the Shiva trilogy or the Ramchandra series—have my name as their author. The ones that will be done with the writers’ centre will clearly mention them to be so. The writers get a fixed compensation, even if I am not happy with the final outcome of the project. There are four people in the team so far, and we are looking to expand. My team is considering running a short story contest soon, the winners of which may be invited to join the centre.
We all know creative work field has problem of scale, as an individual you cannot scale up too much, like in book/novel writing work – you may have ideas but you have finite time and bandwidth to manage it. So above solution is way to get around that problem, apparently this seems to have been tried international and now Indian authors are taking advantage of this. I was not aware about this way of working. Although I was aware lot of author who are long dead still continue to write book through similar technique, some bare name of original dead author some carry name both author. Example Robert Ludlum died in 2001, but penguin group still continue to come up with books under his name written by other/hired author. Looks like strategy being followed is “Once you have brand, don’t let it die or end with author”.