The banking sector is the heart of any economy. Its the engine that drives the entire nation. It’s a place where surplus units(investors) meet the deficit units(borrowers of money). This is one sector which if fails, can have a domino effect on the entire system. It is, therefore, our responsibility to make sure the banking … Read more It’s time to clean up the banking system
All the countries, irrespective of their stage of development, need funds for their economic development and growth. In the economy, these funds are obtained from the savers or surplus units (the units which have more income than their consumption) which may be household individuals, business firms, public sector units, Central Government, State Governments, Local Governments, … Read more 12 corporate governance changes that Indian banks need.
Parameter Investor Speculator Investment Thesis Investment based on durable competitive moats Investment based on disruptive and cool industries. Time Horizon Long term(>5years) Short term (single/few days) Risk Undertaken Reasonable risk High Risk Return Expectations Expects consistent return over time Expects abnormal returns in short time Mentality Sticks to fundamental analysis for the long term. Jumping … Read more Investor vs Speculator
Reading is essential for those who seek to rise above the ordinary. A person with good reading habits feels restless if a day goes by without reading. Books can leave a lasting impression on the rest of our lives. Therefore it is necessary to inculcate reading habits if you haven’t done so far. Today we … Read more Benefits of reading a good book
I was a big fan of paperback books. But with time I have realized the advantages of reading on Kindle far outweigh the benefits of reading from a hard copy. Today I would like to discuss with you the various benefits of using Kindle to read books. It is easier on the eyes than most … Read more Advantages of using a kindle over a paperback
A room without books is like a body without a soul. -Cicero “I am a biography nut myself, and I think when you’re trying to teach the great concepts that work, it helps to tie them into the lives and personal ties of the people who developed them. I think that you learn economics better … Read more Top 10 quotes that will make you read a book today!
It is said that an hour spent reading is one stolen from paradise and when you read a book, you hold another’s mind in your hands. To hold that mind and to understand it correctly it is important for us to read the book patiently. This has become an important topic of discussions as I … Read more How not to read a book
Bookkeeping is the science and art of correctly recording in the books of accounts all those business transactions that result in the transfer of money or money’s worth. It is important for every business to record all transactions and bookkeeping helps a business do so. It tells you us how to keep a record of … Read more Why is bookkeeping important for a business?