Nekita Jalan

Singing my song | Payments consulting @mastercard | ex DE Shaw, Futures First

[Nekita Jalan @nekitajalan1]

What goes around comes around.

Ponzi schemes are circular flows of funds to create the illusion of a sustainable business. It is important to recognize and laugh off offers of quick gains.
#ethics #awareness #ponzischeme

#ISBRL @sreedhari_desai

[Nekita Jalan @nekitajalan1]

In Economics, we learn that utility maximization is the key to most decision-making.

But the question is – Are you a microeconomist or a macroeconomist? As a rational economic agent, would you maximize your own interest or the social welfare?
#utilitarian #ISBRL @sreedhari_desai

[Nekita Jalan @nekitajalan1]

My sibling ALWAYS steals my snacks.
#FraudTriangle
Opportunity–An open snack drawer
Motivation–Minimizing my utility, maximizes his utility
Rationalization–“She won’t realize if I do it just once.”

If once is a mistake, is twice a choice?
@sreedhari_desai
#slipperyslopes #ISBRL

[Nekita Jalan @nekitajalan1]

You run a large Proprietary Trading Firm. You catch your Branch Manager breaching Compliance policies. Do you focus on the bad apple or check the entire barrel? Is it right to question the integrity of all other employees?
@sreedhari_desai

#responsible #leadership #ISBRL