Cockroach theory in personal development by Aradbranding Com DataDrivenInvestor

It’s not the traffic jams on the road that disturbs me, but my inability to handle the disturbance caused by the traffic jam that disturbs me. More than the problem, it’s my reaction to the problem that creates chaos in my life.” Through this we should learn the lesson that instead of reacting, we should always respond, whether dealing with finance, economics, or life. The Cockroach Theory by its name sounds so peculiar, too hilarious to be called a ‘theory’ in behavioural finance and economics. However, more shocking than the name of the theory is the fact that it has ability to incur long run damages from bank runs to depressions to global financial crisis.

Also, Google I/O conference is for developers to learn about new product launches of Google. Verify.Wiki found no references to any personal stories shared by Google executives. Also, when we contacted Google, they denied Sundar Pichai giving a speech on Cockroach theory at any conferences.

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Over the course of time, WorldCom, Tyco, and Adelphia were brought down as well. Not only this, but the government also went on to implement the Sarbanes-Oxley act of 2002 to make accounting and audit regulations more vigilant. The Wall Street could not keep their calm seeing this cockroach therefore, the trickle-down effect from a macroeconomic perspective came into play.

Reactions are always instinctive, while responses are well thought out. Story telling is a very powerful tool to communicate and to instill strong values in people. Parents often rely on story telling to induce certain values in children to help them grow as responsible citizen. Well, I’ve thought about this and found this theory to be quite an eye opener. It is very normal and almost an instinct for us to always react to things that we do not like in our lives as well as problems. The lady finally managed to push the cockroach away but …it landed on another lady in the group.

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Whenever we think of the greatest economic adversities to have hit the world, the 2008 global financial crisis tops all lists. It is fascinating to see how this crisis was triggered by The Cockroach Theory at play. A publication by The Harvard Business School examines the case study of New Century Financial Corporation, one of the largest subprime loan originators and how it fuelled the 2008 crisis.

• Likes in blogging, deal hunting, watching movies and mad in electronic gadgets.
• The lady finally managed to push the cockroach away but …it landed on another lady in the group.
• The article is based on a story of what happened in a restaurant.
• Despite the fact that the cockroach also managed to land on the waiter’s shirt, his reaction was different.
• In Physics, it is said that for every action, there is a reaction (Newton’s 3rd Law of Motion).

Here in this narrative, gender based description could have been avoided as it is irrelevant to the story. One day when life wasn’t easy to him he tried committing suicide. Very mad about liked things even which made me injures sundar pichai cockroach theory all the time. Likes in blogging, deal hunting, watching movies and mad in electronic gadgets. Internet posts and blogs with a title, “Cockroach Theory- A beautiful speech by Sundar Pichai” has been going viral since 2015.

The Cockroach theory for self development

The collapse of PMC, because of fraudulent transactions to HDIL through fictitious accounts and violating banking regulations exposed the presence of other cockroaches as well. RBI also cancelled the license of Mapusa Urban Cooperative bank for financial failure. More so importantly, fear of the failure of the private sector banks can have devastating effects on the economy. The Indian forum cited, “These banks were licenced amidst huge hype and expectations, yet nearly half of them have run into financial trouble.” The case of Yes Bank wasextremely shocking which is the next big cockroach in our story.

More than the problem, it’s my reaction to the problem that creates chaos in my life. Another blogger named Hari Rao [2] , claimed [3] he originally wrote the story on his blog site, not Sundar Pichai. Verify.Wiki found the oldest reference to Sundar Pichai being the source for the “Cockroach Theory” story on a twitter handle operated by a content marketing individual who used a fake name. The story might look pretty benign from the outer of it. But the bigger and deeper issue is that we are again subtly telling that women are fragile and reactive. These subtle innuendoes slow down the diversity and inclusion journey we have embarked on.

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When googled, I have seen that this story is floating around for some time. One thing I realised is if God gives you trouble it’s only to the level one can sustain and bounce back. Every person has problems in life let that be the richest person on planet or the poorest. But when God gifts you with a life and you don’t respect it, a price has to be paid.