Image Credit In layman terms, assets are items that are own by company or individuals that can provide future economic benefits. Let's deep dive to know more about asset and its type. Classification of Asset: Convertibility: Time taken to convert the asset to cash.Current: Assets that can be easily converted to cash. Like cash, receivables... Continue Reading →
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Anti Dumping
Image Credit India has imposed anti-dumping duty on Malaysian calculators for next 5 years. What is anti-dumping duty? Anti dumping duty is a tariff imposed on the goods manufactured in foreign countries and are priced below the normal value of the good in the domestic market. As in the goods are dumped in the through... Continue Reading →
The Greatest Depression
Image Credit Moving back in the time cycle to the decade of 1920-1930. The decade started with prosperity. The stock market went under historic expansion. Investing was seen as a quick way to be millionaire next month. Everyone from business tycoons to janitors were investing in the market. The prices were soaring. It reached its... Continue Reading →
Quick Money
We all look for the shortcuts to get rich. Looking for the lottery number which can turn us to an overnight millionaire whereas real wealth takes time and patience to build up. Rome was not built in a dayTweet When it comes to investing, people generally wants quick way to earn money. Investors need to... Continue Reading →
Awareness
Image Credit It is the one of the most important assets, humans have. The more we develop it, the more we gain. Are you aware about your thoughts? We are rarely aware about the things we are consciously do. We love the things to go on auto pilot mode, where we don't have to put... Continue Reading →
Avoid Being Helpless
Image Credit We easily ask for help whenever we need. It is a rare instance where we have applied out 100% before asking someone else help. That's the way we are. Unknowingly, becoming dependent on others and technology. We order our younger siblings to fetch a glass of water. We wouldn't bring of our own.... Continue Reading →
Time || Money || Energy
According to you, what's the best indicator among money, fame, power, peace, freedom, .... and more to measure your success. Everyone has different parameter to measure it. Some are happy to spend more time with their kids while others happier to build products for billions users. It all boil downs to things we value. As... Continue Reading →
Chinese Apps
Image Credit There is a ongoing trend in India of uninstalling the popular Chinese application on the mobile phones. We will looking by category: Gaming: PUBG, PUBG Lite, Clash of Kings, Mafia City, Ludo World and many more games. Shopping Apps: AliBaba, AliExpress, Club Factory, and more. Social Media: TikTok, Helo, LIKE, Kwai , WeChat... Continue Reading →
Visualize Perspective
The above tweet explains it beautifully. Most of the time we are occupied with what the other people is thinking about me. At the same time they are also having the same thoughts. We live the way we perceive. Tweet Becoming aware of this little thing will have a huge impact and will make our... Continue Reading →
Day 104:) The Jam Study
Image Credit Does overdose of choice make consumer less likely to buy the product? We generally assume that more choices lead to better sales for the shopkeepers and the companies. However, is it true? Back in 2000, psychologists Sheena Iyengar and Mark Lepper conducted the Jam study at the Bay area supermarket Draeger’s Market to... Continue Reading →
Day 103:) Everyone is a teacher
Image Credit Whomever you meet in your life is a teacher to you. With some you will just exchange a smile with others you form a lifelong friendship. Even the people who brings us pain teaches us wonderful lessons of life. There is always an opportunity to learn from the person sitting next to you... Continue Reading →
Day 102:) Zero Sum Game
Image Credit It is Game Theory concept, where one person’s gain is equivalent to another person’s loss. The game can be played at least between 2 players or as many on the planet. Gambling and Poker are perfect example of zero sum, excluding the fees, as no new wealth is created in it. Is stock... Continue Reading →
Day 100:) Connecting the Dots
Image Credit We have completed hundred days of the write ups. The first article was a silly one. The journey started just for seven days. However, I become more interested and continued it for longer period. Starting small helped me to rise on the ladder step by step. The articles are mostly short and crispy.... Continue Reading →
Day 99:) House of Brands
Image Credit Why do companies have multiple brands in the same segment? Established companies mostly have multiple brands under one umbrella. For instance, the Volkswagen Group owns the following car brands apart from Volkswagen – Audi, Skoda, Bentley, Seat, Bugatti, Lamborghini, Ducati, Porsche and some more. They all are sister brands. In the same lines,... Continue Reading →
Day 98:) Asset Light Model
Image Credit Ever heard of any such business model? Most of the application that we use in our day to day life is based on this concept. The model means that the company doesn’t own most of the capital equipment, required in the day to day business transaction. Think for a second if you know... Continue Reading →
Day 97:) Legs Up the Wall
Image Credit Commonly known as passive yoga as one don’t need to actively put on effort while practicing it. It seems easier in the picture, however if you can just keep the posture for straight 15 minutes you will rewarded tremendously. Let’s see what one can gain from this simple yoga. Relaxation – The posture... Continue Reading →
Day 96:) Poor Charlie’s Almanack
The mystery book of the most brilliant investor...!
Day 95:) Power of Silence
Image Credit We know the charm of talking. It helps us in mixing and getting involved with others. On an average, how many hours do you talk in a day? Research shows that most people speak 16,000 words a day on an average, equivalent to 5 hours of speaking. On the other hand quietness has... Continue Reading →
Day 94:) Pampering
Image Credit Are we spoiling ourselves? We have most of the fundamental knowledge, required to live a healthy and successful life. However, when it come to implementation we are far behind in the league. It is easy to advise the person sitting in front of you but difficult to apply the same advice on oneself.... Continue Reading →
Day 93:) Who is the second richest person of India?
Image Credit We all know the person who wins the gold in the race. However, we rarely know much about the person winning the silver. Here, the story gets more interesting as the India’s current second wealthiest person lives a secretive live. He never gives any interview or delivers any speech. You will find a... Continue Reading →