Masterclass on Personal Finance by Dr. Anil Lamba

Dr. Anil Lamba is a legend in the field of Finance, especially educating professionals about Finance for Non-finance. He is a CA, but he found his calling in training/teaching. Over the years he has developed a knack of teaching concepts of finance in simple and lucid language. I was pleasantly surprised when he sent me... Continue Reading →

Warren Buffet and Elephant Gun

In his letter to Berkshire Hathaway shareholders in 2011, Warren Buffett wrote about the need for major acquisitions to maintain growth in the company's non-insurance businesses. "We're prepared. Our elephant gun has been reloaded, and my trigger finger is itchy." Buffett said "Berkshire is contributing "something between" $12 and $13 billion of the deal", so... Continue Reading →

Three Golden Rules of Accounting

The "Golden Rules" of accounting, also known as the "Three Golden Rules," are fundamental principles that govern the process of recording financial transactions in double-entry bookkeeping.  Debit the Receiver, Credit the Giver:This rule applies to personal accounts. When you receive something, you debit the account, and when you give something, you credit the account. For... Continue Reading →

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