Tag: finance

The Psychology of Money – My Highlights

Last month I read ‘The Psychology of Money’ by Morgan Housel. These are the highlights I made. On idols and role models and following their paths Therefore, focus less on specific individuals and case studies and more on broad patterns. Studying a specific person can be dangerous because we...

India and The 10 Rules of Successful Nations

What will it take for India to succeed? When will we shed the tag of emerging nation and graduate to developed nation status? Why is 28% of our population still poor? We explore these questions in detail in this article based on the book ‘The 10 Rules of Successful...

Business Valuation in 5 minutes

This is a 5-minute read on Business Valuation for Start-Up Founders  looking to understand the basic mechanism behind valuation. Basics of Business Valuation There are 3 common approaches for valuing a business Cost Approach РWhat is the cost to build a factory or what is the cost to...

The resilience of Costco Notes

Recently came across a deck on the Resilience of Costco, I have tried summarising my learnings on the same below Gross Margin vs Membership Fees – How Costco Makes Money Costco is the second-largest retailer in the world by sales volume – 149B USD. Costco doesn’t make much money...