Before I start off, this piece was written on 15 March 2020 and is based on what has happened till date and some related likely scenarios. At the blindingly fast rate at which the virus and markets are moving, I won’t be surprised if some of my assumptions and analysis turns out to be very obsolete very quickly….
Read MoreJack Welch died recently. And as usual with such public figures, the media fell over themselves to praise him to the skies. Welch, who was named "Manager of the Century" by Fortune magazine in 1999, massively increased the might of G.E. during his time as CEO. The market value of G.E. stock rose from $14 billion to approx. $400 billion, an increase of more than 2,700%, during those 20 years…..
Read MoreDoes money have value? Apparently it does and it’s based on all on time.
We keep talking about the time value of money (TVM), which is such an important concept in finance. TVM is used to discount future cash flows to present value. It’s widely used in the valuation (and hence the management) of almost any financial or real asset from shares to bonds to property….
Read MoreI’ve prepared 4,000+ Level I CFA students over the last 12+ years. After a detailed analysis, I concluded most of the successful students do TEN things. Click here to learn the top 10 things you must do in order to successfully prepare for Level 1 CFA Exams.
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