5 Market Calls Made by Howard Marks
Introduction Howard Marks is a well-known name in the world of finance. He is the co-founder and chairman of Oaktree Capital Management and has made a fortune by investing in distressed companies. He has also authored the best-selling book, “Mastering the Market Cycle” and believes that superior investment result comes not from collecting more economic…
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Vivek Sharma
How Warren Buffet made his first Million Dollars
Introduction Arnold Schwarzenegger once jokingly said, “The first million is the hardest to make, so start with the second”. Well, he might have said that in a humorous way, but it is somewhat true, the first step is always the hardest. Warren Buffet is the most successful investor the world has ever seen. As of…
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Vivek Sharma
Herd Mentality Bias
Imagine you’re in a new city, hungry and trying to choose a place to eat. Two restaurants catch your eye—one bustling with a line of customers, and the other, nearly empty. Which one do you pick? Most people in this scenario would choose the busier restaurant. While some might be rationally concluding that more crowd…
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Vivek Sharma
How Long Does it Take to Double Your Money?
Building wealth through traditional means depends upon two factors – how much you save/ invest and the rate of return on investment. While the return on investment is something which is not always in our control, the savings rate is. And as we will show in this article, that the savings rate is a more…
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Vivek Sharma
Overconfidence Bias
Do you consider yourself to have an above-average intellect? If so, you’re not alone. Approximately 65% of the people who were asked this question considered themselves to possess superior intellect and have a brighter future than an average person. Another similar survey asked people whether they considered themselves to be an above average driver, and…
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