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WEALTH DESTROYERS
Elon Musk was having worst year of his life - divorce, failed rockets, broke and close to nervous breakdown. How 3 days around Christmas saved him, SpaceX and TeslaIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...- Laid off by Amazon and Microsoft in 3 years, techie shares the golden rule for surviving AI-era job lossAfter being laid off by Amazon and Microsoft within three years, tech professional Dave Lewis was forced to rethink his career path in an i...
- ET Alpha Wealth Summit Fireside | Never sell because you're bored': PPFAS CIO Rajeev Thakkar's 6-point guide on when to exit an investmentRajeev Thakkar, CIO at PPFAS Asset Management, highlighted selling skills at the ET Alpha Wealth Summit. He stated that investors often sel...
- Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
- A Rs 10,000 SIP can turn into lakhs. CA shares a simple financial fix that can add Rs 10 lakh to your wealthChartered Accountant Nitin Kaushik warns against 'lifestyle creep,' where salary hikes are absorbed by increased spending, hindering wealth...
- ET Alpha Wealth Summit: Rajeev Thakkar of PPFAS MF explains when to hold, when to exit, and why most investors get it wrongPPFAS CIO Rajiv Thakkar said successful investing depends more on patience than frequent trading. He advised avoiding unnecessary selling, ...
- Rs 2,000 SIP in your 20s can beat Rs 15,000 a month invested later? CA shares the biggest mistake young earners makeYoung earners often delay investing, believing large sums are needed. CA Nitin Kaushik highlights this delay destroys wealth potential. Eve...
- Spanish Proverb of the Day: ‘The donkey envies the racehorse until the saddle is…’ The unexpected truth about why successful people carry heavier loadsThis Spanish proverb is ultimately optimistic. It does not discourage ambition; instead, it encourages thoughtful and informed ambition. It...
- Quote of the Day by Ovid: 'Happy is the man who has broken...'- the canonical Roman poet’s timeless quote about breaking free from fear still speaks to modern anxiety and emotional exhaustionOvid, the Roman poet, speaks to us across the ages with his thoughts on achieving serenity within. His exploration of the constraints of th...
- Selling property in England after the owner's death? Legal heirs may need Probate of Will or Letters of Administration firstLegal heirs in England and Wales require a Grant of Probate or Letters of Administration to sell property and manage a deceased person's es...
- In 2014, a metal detectorist in Scotland found a hoard that looked like Viking treasure, until scientists scanned what was wrapped insideA metal detectorist's 2014 find in Scotland, the Galloway Hoard, initially thought to be Viking loot, revealed a more complex story. Scient...
- There are bulls and bears, and also ducks. When Warren Buffett warned against being a stock market duckWarren Buffett mentioned a metaphor that should haunt every investor who has ever felt clever during a rising market: The preening duck tha...
- Quote of the day by Seneca: ‘Peace does not come to the man who refuses to declare war on what is destroying him’- Stoic philosopher shares life lesson on confronting inner strugglesRoman philosopher Seneca's words on facing inner battles are gaining traction. His quote, 'Peace does not come to the man who refuses to de...
- India and the new economics of constraintIndia is attempting to rise in a world shaped increasingly by AI, fractured supply chains, geopolitical rivalry, slowing globalisation, and...
- Pakistan bomb blast on army train in Quetta kills at least 24 soldiers and civiliansSunday saw a devastating attack on a train loaded with military personnel in Quetta, Balochistan. The explosion, triggered by an explosive ...
- Patience Over Panic: Jeremy Grantham’s investment mantra for modern investorsLegendary investor Jeremy Grantham emphasizes discipline over excitement in volatile markets. He advises buying assets cheaply, staying pat...
- Wars, Oil and Wealth: The world adapts faster than we think, lessons for equity investorsIndia today is a more than four-trillion-dollar economy with stronger external reserves, wider energy relationships, greater diplomatic rea...
- Chinese proverb of the day: 'He who sacrifices his conscience to ambition burns a...' Life lessons on success, growth, values, and why one should never make a compromise on moralsChinese proverb of the day highlights the danger of chasing success without values. The proverb explains how ambition without morals can de...
- The ‘Inevitables’: Warren Buffett's framework for finding companies that will dominate for decadesWarren Buffett divided the investment universe into Inevitables, Highly Probables, and Impostors. The Inevitables are companies whose domin...
- AI will destroy and create new jobs, urges staff to embrace change: HSBC CEOHSBC's top executive Georges Elhedery stated that artificial intelligence will reshape jobs in finance. The bank is actively retraining its...
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