tag:blogger.com,1999:blog-5137957.post112136438740377378..comments2023-10-23T11:27:07.686-04:00Comments on the little voice: Who's Monsoon is it Anyway?hirakhttp://www.blogger.com/profile/13092831514643850562noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5137957.post-1121607989739001932005-07-17T09:46:00.000-04:002005-07-17T09:46:00.000-04:00Good one. Weather prediction in India is pretty lo...Good one. Weather prediction in India is pretty lousy, but the really big issue is the almost complete negligence of Earth Sciences in our country, the GPS technology et. al. notwithstanding.Wavefunctionhttps://www.blogger.com/profile/14993805391653267639noreply@blogger.comtag:blogger.com,1999:blog-5137957.post-1121560270055902182005-07-16T20:31:00.000-04:002005-07-16T20:31:00.000-04:00Good One. Regardless of what DST thinks : If a mod...Good One. Regardless of what DST thinks : If a model is precise in its predictions ultimately its going to be accepted (albeit with resistance because of this territorial things)Paddyhttps://www.blogger.com/profile/10410605088925353641noreply@blogger.comtag:blogger.com,1999:blog-5137957.post-1121444038238713472005-07-15T12:13:00.000-04:002005-07-15T12:13:00.000-04:00Nipun: Since 'Monsoon forecasting is sensitive for...Nipun:<BR/><BR/> Since 'Monsoon forecasting is sensitive for the Indian economy' isn't the average investor better off when he gets a forecast that uses the best available technology?<BR/> Yes, having 10 forecasts is quite confusing of who to believe. But if the DST continues to get things wrong and C-MMACS gets it right, people won't take long to figure out who to trust. This assumes that people at least have access to information in the first place. The principle of <B>Efficient Markets</B> works only if information is available to all. Right?<BR/><BR/> Would it not make more sense for the DST to collaborate with other agencies who have better methods? The purpose of the DST and other organizations is to serve the public in the best way possible and not act like bullies.hirakhttps://www.blogger.com/profile/13092831514643850562noreply@blogger.comtag:blogger.com,1999:blog-5137957.post-1121439996647389632005-07-15T11:06:00.000-04:002005-07-15T11:06:00.000-04:00The weather forecast in Indian newspapers simply e...The weather forecast in Indian newspapers simply extrapolates from the day before. If it was sunny yesterday, 'twill be sunny today. <BR/>If it rained, we 'may have thunderstorms in parts of the city'.<BR/>What a huge hoax! <BR/>Forecasts here seem to be ten times more accurate.Sumedhahttps://www.blogger.com/profile/07026953163033309212noreply@blogger.comtag:blogger.com,1999:blog-5137957.post-1121436859865219582005-07-15T10:14:00.000-04:002005-07-15T10:14:00.000-04:00u gotta a point here,but therz another side to it....u gotta a point here,but therz another side to it.as the DST guy put it,"Monsoon forecasting is sensitive for the Indian economy".ppl were expecting the sensex to fall when a bad monsoon was predicted.but since rainfall is slowly getting to normal levels,markets are still soaring!scientific freedom is all fine,but for the avg investor,itz a question of who do u believe?therz a long list of arguments of 'how do u ...'s and pros n cons of free for all V centralised control,whether this is a big brother kind of behaviour,how the markets should react,etc,but we'll save it 4 another time :)<BR/>anyway,just went thru some of ur other posts,-santana concert,cool!hey n selfish gene is 1 helluva book!also read blindwatchmaker n unweaving the rainbow,pretty interesting reading..<BR/>anyway,blog on...Anonymousnoreply@blogger.com