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 →
After the recent collapse of the Silicon Valley Bank, US and domino effect that has started in the US and the world, a lot of messages have been floating on Social Media. I received one such message with a clip from "3 Stooges", which is actually the subject of this post. The quote and video... Continue Reading →
Asset Class Quilt from today's Mint. Interesting to see how various asset classes performed over the years. Gold always outperforms when the sentiments are down and business prospects are weak. In 4 out of the last 5 years Gold has been #1 or #2. Even last year when it was at the bottom, the %... Continue Reading →
Ramit Sethi is one of the famous names in the field of Personal Finance. Here are Ramit's tips on personal finance 👇
I like learning new things and I like teaching. My twitter bio reads "Student Forever. Teacher Sometimes." I feel that teaching is the best form of learning. A few years ago I said this in one of my MBA classes and then in over enthusiasm I made a mistake of elaborating myself. I said: "When... Continue Reading →
In last couple of days there was a news in the Business world announcing that India now has 100 Unicorns! Unicorn is a company (usually a start-up, but not always so) which achieves a valuation of $1 Billion. This valuation is usually based on multiple rounds of investments by Angel Investors, Venture Capitalists and Private... Continue Reading →
डॉ. अनिल लांबा हे एक सुप्रसिद्ध अर्थतज्ज्ञ आहेत. त्यांचे Romancing The Balance Sheet हे पुस्तक मी खूप पूर्वी, म्हणजे साधारण २००२-२००४ या काळात वाचले होते. त्याच नावाचा त्यांचा एक workshop/seminar ही आहे, पण तो अतिशय महाग आहे (रुपये ५०,००० ते रुपये १ लाख). त्यामानाने रुपये ५००-७०० चे पुस्तक जास्त चांगले असे वाटेल. पण ते पूर्णपणे... Continue Reading →
It's Warren Buffett's birthday today! Born on 30th August 1930, he completes 91 years today! I have written several times on this blog about Warren Buffett! He and Charlie Munger (Age 97 and still very active!) are one of the few living legends I admire and follow closely. I discovered Warren Buffett sometime in early... Continue Reading →
I like Nithin Kamath, the founder of Zerodha, one of India's cheapest lowest brokerage firm. I have watched/listened to few of his interviews on TV, Radio and his journey is impressive! I am a customer of Zerodha and like the platform (though there are many improvements possible). Here is a detailed chat with Nithin Kamath... Continue Reading →
I don't read daily newspaper with the same enthusiasm or purpose any more. I do read it for trivial news updates, but not for being informed about world events or for forming views/opinions. Firstly, daily newspaper had become way more outdated for that, particularly in the age of Social Media where news is fed and... Continue Reading →
ekoshapu 
Recent Comments