Personal Finance
There are few key points to remember about brokers, and here are them: * Brokers are individuals or institutions who work as a bridge among the buyers and sellers of an asset. * The investment asset can be a security like stock, and it can also be real estate. Brokers are responsible
Philosophy
Picking our information sources is as important as picking our food. It is a nutrition plan for the brain, and the most important thing is not even picking the correct or incorrect information. The most important thing is to understand what to consume. Here are two key conclusions: 1. You
Personal Finance
I have been asked the difference between stocks and ETFs. I came up with a short analogy on that. Imagine you went to a supermarket. There are products, and you want to buy them. You can go to each one of them, check them separately, add them to your cart
Philosophy
Today I challenged myself to write the shortest article that covers the most amount of value possible. When there is a desire, a path will be found. If there is not a desire, a solution is sought. Are you creating your path? Or are you seeking solutions? There is an
Philosophy
With age comes wisdom, they say. No, it doesn’t. Age is not a determinant of wisdom. Age is simply the number of years passed. With the experience within those years, comes wisdom. Taking recommendations is a key aspect of success and progress. Listening to all of them is important,
Personal Finance
Charlie Munger has been a mentor for me. As one of the wisest investors of all time and the business partner of Warren Buffett, Charlie lived a unique life. I wanted to share 99 quotes from him with you. Each one of them requires to be digested and contemplated on.
Philosophy
I have been to Berkeley, California in January 2023. I was deeply shocked to see that one of the departmental buildings had a separate parking area for Nobel Prize Winners from that department. There are countries being proud of their scientists and writers when they received the Nobel Prize. Berkeley
Business
I believed that hard work is necessary for success. I still think it is necessary. However, I started not believing in the concept of “hard work”. What is really “hard work”? I mean, what is the extent of a work after which it becomes “hard”? Sometimes, 1 hour of work
Philosophy
We all remember the joy we had while listening to a great teacher. The passion, the energy and the flow in the words made us listen and show interest. Great teachers become sub-conscious role models for students around the world. I thought about this for a long time. I wondered
Business
I began my business career thinking that having more employees is a sign of success. I understood that it is actually not. Having high-quality people around you and in your team is obviously a plus. But the new forms of leverage can also be more beneficial for your business than
Philosophy
I like using “jungle” as an analogy for life. It is complex. It looks ordered from a distance and detailed while you are within it. There are major paths in that jungle. Most people walk on those paths as they trust that the crowd is on the right path. But
Personal Finance
If we can improve financial literacy, we will have the opportunity to achieve greater investment returns. Not only on micro but also on the macro level. It is not about day trading and speculating. Actually, each unknowledgeable investment action is a form of speculation. Grossly overvalued stocks are serious signs