The $5 Challenge In 2009, Stanford Professor Tina Seelig gave her class a unique challenge. The 14 teams of the class each received an envelope with $5. Once they opened the envelopes, they had only 2 hours to generate as…
A story is told of a successful businessman on vacation who was at the pier of a small coastal village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin Tuna. The businessman…
In his 2017 letter to shareholders, Warren Buffett recounted the first investment he ever made at the age of 11. He wrote(emphasis mine), “On March 11, it will be 77 years since I first invested in an American business. The…
Last week I had a call with a client. We had a very heated conversation that we almost emailed Sundar Pichai, CEO of Google, to add weapons to their google meet features. We were fighting over the virtual call. Here’s…
How much money would you want to make monthly or annually to feel that you have *made* it in life? 100K? 200K? 500K? 6 FIGURES? SEVEN FIGURES? Think about that and have your figure at the back of your mind…
If there’s one thing that troubles most people financially, it has to be saving money. This is because, it isn’t straightforward how much of your income you should save, where you should save your money and how you should do…
Whenever I’m talking about investing in stocks to people(mostly beginners) I tend to ask them how they think they are going to make money in the stock market. The most common answer I get is this, “I will buy low…
Last week, I chatted with an older friend(let’s call him Peter) who entrusted me with the ability to help him solve his financial problems. Peter approached me and decided to share with me his financial goals, the journey and the…
If you enter into any personal finance class, your chances of being struck by lightning are higher than the chances that you will hear anyone tell you that you should enjoy your money. For most personal finance gurus, the thinking…
As a young person who thinks and talks a lot about investing, I have realized that most advice about investing isn’t suitable for young people. While we are busy looking for money to invest in assets, we forget that we…