Archive for the ‘Profit’ Category


Scams are common nowadays.! In India, there is nothing shocking about it.

we are used to it. You open a newspaper today you can find a scam on coal industry and the prime accused of this scam is our Hounarable and respected Mr. Manmohan singh. The so called liberaliser and the proud economist of the independent India. And of course he is our Prime minister, if i am right. (??) (more…)

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So far our understanding of the concept ‘entrepreneurship’ is not right. We think it as an alternative plan , when the economy does not offer wealthy jobs. It is a common perception that if my father is a business person and he runs a business of his own then the ultimate choice that the society sets for the me is entrepreneurship.

But it is not as simple as we think. It is not merely starting a business, just running it to make a profit. Entrepreneurship is a lot more than that. One organization that helped us to realize this is National Entrepreneurship Network (NEN). My recent visit to Bangalore for NEN kick starting entrepreneurial campus  gave a lot of insights in to the topic. (more…)


I have heard about him and his book. But i have not read it before. The right time has come for reading his book. I am speaking about the book named Confessions of Economic Hit-man” Written by John Perkins. I have already discussed about a video of his interview in my previous post but i am very much impressed by the contents of his book, which i am reading now. It is a book which was released in 2004  speaks (more…)


What is the difference between wall Street and Dalal street? Wall street is a matured men, who knows how to do a mistake and how to justify it. Dalal street is a kid, only few years before learned to walk by looking at wall street for so many years.

US investors and the stock market is one of the place pioneered the financial innovation and also the disasters associated with it. It happened in 1930 named as ‘ THE GREAT DEPRESSION‘ which taught great lessons to the world how not to do share trading. The so called developed countries and their casino like capitalism never learned any meaningful lessons from that. Then came 2000 with a bigger economic collapse named as ‘ DOT COM BUBBLE‘ focused on IT related stock collapses and caused economic recession.

History repeats itself. The systematic and deliberate activities of government, financial markets, banks, insurance companies, investors, borrowers of the US created a much bigger economic collapse in the US Housing market from the beginning of 2007 was named as ‘ THE SUB PRIME CRISIS‘. The deliberate greed of US government to maintain the economic growth after 9/11 attack by cutting the interest rate by a huge 1% made their people to borrow money easily ans spend it without going for any job. They are called as NINJA generation. A generation with No Income, No Jobs, and Assets. World is learning horrible lessons after that crisis and serious questions raised regarding the sustainability of the CAPITALISM. (more…)


It is rightly said by the author L.J.Ritten House, that Warrent Buffett is a pure capitalist but not a materialist. We have so many billionaires all around the world, but the wisdom of Buffett teaches the entire world what’s investments is all about.

The concept of value investing and long term accumulation of wealth were the great lessons we have learned from the ‘Oracle of Omaha’. Investments pundits and financial gurus all around the world try to replicate the investment patterns of  Warren Bufett and his company Berkshire Hathaway through various funds modeled according to allocation of his company. but they never replicated the performance of Buffett’s and never they will do , because it is not the numbers that matters for Buffett but the values and ethics associated with the investments.

That’s what highlighted in the whole book of L.J.Rittenhouse, “Buffett’s Bites – The Essential Investor’s Guide to Warren Buffett’s Shareholder letters” published by Tata McGraw-Hill. It is a 213 page book, which deals entirely the nuke and corner of the strategy of the world’s greatest Financial and Investment Guru. (more…)


We all know economical development is the foundation for development of Humankind. The never ending mismatch of Demand and supply is the cause for all economic activities around the world.

Earlier when humans were living in forest, their primary requirement was food and shelter. After some time,came a period referred in history as  Stone age. So many great inventions came during that time  like knife made of sharp stones and other invaluable inventions. With those inventions man went for Hunting for food. Over a period of man’s necessities made him to invent more things like Wheel, vehicle,etc. which helped us to move around different places. Then with his inventions he learned to involve agricultural activities and produce commodities. Over a period of time man got specialized in producing certain commodities.Image

Then they started to exchange goods for goods with different groups of people .This system is called “Barter system”. They exchanged rice for wheat, and sugar for salt. Since seasonal factors are involved in production of goods they were in need of some other thing, which holds value until they produce and exchange goods. So there came the role of MONEY. They considered the Money or currency that they holds some value which will be acceptable for exchange of goods later period. Money doesn’t hold any value of its own, the main purpose of money is medium for exchange of goods. (more…)