Tuesday, October 29, 2024

Are you a story?

 In the end,

we all become

Stories.

 - Margaret Atwood.

Sunday, October 27, 2024

The Purpose of an Enterprise

While I prepared for Chartered Accountancy, we had papers on Management, Financial Management etc. The topics included what are different goals of an organisation like wealth maximization, profit maximization etc.  

The take of Jamshedji Tata shows a more responsible one:

"... the purpose of an enterprise is to serve the community..."

You know, 67% of the dividend from the group goes to community services.

Friday, October 18, 2024

Books....heal

 



"A library is a second home for those who love to read. Within its walls, ignorance is healed. Books are to the mind what bandages are to wounds. Libraries should be as common as pharmacies."

- Gloria Fuertes

Saturday, October 12, 2024

Life in 3 words

In three words I can sum up everything I've learned about life:

It goes on.

- Robert Frost 

Market Wisdom .... from the horse's mouth

The market is a device for transferring money from the impatient to the patient.

- Warren Buffett 

Friday, October 11, 2024

Know way to Riches....even no way to Riches

".... instability is related to market's superbly orchestrated ability to attract people with a promise of effortless riches, give them a taste of such gain.... persuade them it is rewarding their financial acuity (of which they have none)."

- John Galbraith 
In his 1971 book, "Economics, Peace & Laughter.'

Markets....never flat

Once Ratan Tata said:
"Ups and downs in life are very important to keep us going, because a straight line even in an ECG means we are not alive. Be persistent and resilient in the face of challenges, for they are the building blocks of success."