“COVID-19, are you going to be naughty or nice to me?” – Steve Magee – Oracle provides products and services that address enterprise information technology (IT) environments. (In Billions) FY16 FY17 FY18 FY19 Y-Y Growth 4 Year Growth Revenue 37.7 39.8 39.5 39.0 -1% 3% Operating Income 13.2 14.3 14 14.2 1% 8% Operating Margin […]
There’s no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating. -Peter Lynch- This is a story of a Trader that turned into Investor (or that is what we prefer to be […]
You develop millionaires the way you mine gold. You expect to move tons of dirt to find an ounce of gold, but you don’t go into the mine looking for the dirt-you go in looking for the gold. – Andrew Carnegie. A millionaire is an individual whose net worth or wealth is equal to or […]
Inflation is the one of the form of taxation that can be imposed without Legislation – Milton Friedman. Paul Adolph Volcker Jr. was an American economist. He was Chairman of the Federal Reserve under U.S. presidents Jimmy Carter and Ronald Reagan from August 1979 to August 1987. 1979 – Took Office Interest Rate – 11.09% […]
Founders Larry Page and Sergey Brin wrote in the original founders’ letter, “Google is not a conventional company. We do not intend to become one.” Is it really? Let’s find out. The internet is the future. We believe we had just made an entry to this realm of opportunity and excitement. The internet is one […]
Due to COVID-19 pandemic, the Standard and Poor Index fell 30% within a short span of a month. This Coronavirus wreaked havoc on the investment world not to mention normal life. While rest of the investors are scrambling to decide on what to do, we pondered on an abstract thought. We focused solely on the […]
I make no attempt to forecast the market—my efforts are devoted to finding undervalued securities. – Warren Buffett. People who buy shares with the right fundamental approach need not be bothered by the market volatilities. Fundamentally, shares are nothing but a percentage of the underlying business. If the underlying business is not impacted in the […]
Top 15 Things Money Can’t Buy – Time. Happiness. Inner Peace. Integrity. Love. Character. Manners. Health. Respect. Morals. Trust. Patience. Class. Common sense. Dignity. – Roy T. Bennett. The obvious parts of Finance, Money and Investing are: Spend less than you earn Invest the difference Diversify Long-term. Apparently, these obvious parts gets ignored all the […]
Center for Diseases Control (CDC) said Coronavirus is here for this Season and Year. Well, it appears that it is going to be true. Till now, there are 85 thousands of Coronavirus confirmed cases, including 2,900 deaths. 60 countries have confirmed one or more cases and majority of those are in China, South Korea, Italy […]
There Are Certain Things That Cannot Be Adequately Explained To A Virgin Either By Words Or Pictures. – Fred Schwed Jr. There are few investing books, which have not lost their relevance after more that 15 years of publication. One of the books from that category is “Where are the Customers’ Yachts?” by Fred Schwed […]