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FINANCIAL LESSONS
Quote of the day by Hetty Green: "I buy when things are low and no one wants them. I keep them until they go up and people are crazy to get them."Hetty Green’s investing philosophy emphasised buying when fear and pessimism drive prices lower, then patiently holding until sentiment imp...
- Lesson from HDFC Bank controversy: Boards of companies should not conduct business in haste
Directors are custodians of various interests - shareholders, customers, the state, regulators, industry, employees.... They often encounte...
‘Getting rich slowly is boring but…’: At 46, Ankur Warikoo shares 6 money rules he wishes he knew at 22Ankur Warikoo advocates for young professionals to adopt automatic savings habits and be wary of lifestyle inflation. He stresses that havi...
Dalal Street slumps on oil spike, bond rout & Irda joltThe US 10-year Treasury yield moved above 5.10%, while Brent crude remained above $102 a barrel, raising concerns over global liquidity, in...
Economic Affairs Secretary underlines need for household savings to be channelled into India's financial systemEconomic Affairs Secretary Anuradha Thakur emphasised India's potential for greater global financial integration. She highlighted the impor...
Quote of the day by Fred Schwed Jr: "People would rather believe that they have been robbed than that they have been fools on the advice of fools"Fred Schwed Jr.’s famous Wall Street observation highlights how investors may blame advisers after losses instead of examining their own de...
Banks’ biggest risks may now sit inside their tech stack: RBI Deputy Governor Rohit JainRBI Deputy Governor Rohit Jain said technology is no longer merely an enabler for banks but is becoming their “risk architecture”, making t...
Quote of the day by Henry Singleton: "Our attitude toward cash generation and asset management came out of our own thought process. It is not copied. After we acquired a number of businesses we reflected on aspects of business. Our own conclusion was that the key was cash flow."Henry Singleton, co-founder of Teledyne, emphasised cash generation as central to business strength and long-term decision-making. His phil...
Quote of the day by George Soros: "Euphoria can lift housing and dot-com prices; panic can send sound banks tumbling."George Soros' quote highlights how euphoria and panic can drive markets away from fundamentals. The dot-com bubble, housing cycles and bank...
Psychology says people who can afford expensive restaurants but still feel uncomfortable there may be carrying an older money ruleLuxury settings often signal exclusivity and status through the entire experience. Everything from the lighting and style of service to the...
Warren Buffett's Life Advice: “After some other mistakes, I learned to go into business only with people whom I like, trust, and admire. A second-class business won’t…” Why the people you trust may matter more than the money you make — A deeper lesson about people, success and characterWarren Buffett’s life advice is about choosing people you can like, trust and genuinely respect, not simply those who can help you make mon...
Quote of the day by Fred Schwed Jr: "The principle of “managed” investment trusts is absolutely sound, granted only one premise. The premise is that there are somewhere people of such experience and insight that they can predict with some sort of accuracy the future behavior of securities"Fred Schwed Jr. questions the premise behind professionally managed investments: that experts can predict securities’ future behaviour with...
Quote of the day by Steve Martin: ‘If you've got a dollar and you spend 29 cents on a loaf of bread…’ – American comedian on money, perspective and the absurdity of wealthSteve Martin's insightful bread quote reflects the nuances of financial security and how it alters one's perception of value. Spending twen...
Rs 42,000 salary, layoffs, scam and lost offers: How a Bengaluru techie reached Rs 75 lakh packageA social media user named Pooja shared how her cousin’s salary rose from Rs 42,000 a month to Rs 2.30 lakh, with a Rs 75 lakh package, in 1...
Quote of the day by Catherine, Princess of Wales: 'Both learning about the world and learning about how to be happy and thrive within it, should go hand-in-hand.' Life lessons & inspirations on balancing education, happiness and personal growthQuote of the day by Catherine, Princess of Wales: Catherine, Princess of Wales, has shared several thoughtful messages on learning, happine...
Quote of the day by Robert Kiyosaki: 'There is a difference between being poor and being broke. Broke is temporary. Poor is eternal.' Life lessons from American businessman on building stronger financial mindset & learning from money setbacksQuote of the day by Robert Kiyosaki: Robert Kiyosaki's quote on being broke and poor offers a perspective on financial setbacks, resilience...
Mindset lesson of the day by Claudia Schiffer: 'I am very conservative. I don't invest in anything that is...' - supermodel's life advice on money, financial risk and investmentsMindset lesson of the day by Claudia Schiffer: Supermodel Claudia Schiffer prefers a conservative financial approach to investments. She av...