Tag: investing
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Rule of 72 – Explained
The Rule of 72 is a quick way to estimate how long it will take for your investment to double in value. It works by dividing the number 72 by the annual interest rate or rate of return of your investment. The result is the approximate number of years it will take for your investment…
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11 things that Warren Buffett told that’s pretty evergreen
1. “Price is what you pay. Value is what you get.” 2. “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” 3. “Risk comes from not knowing what you are doing.” 4. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful…
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How to pick a stock in under 3 minutes ?
Line of defence – This is also known as moat. You should always pick a stock that has a strong line of defence. In simple words, competitors should find it hard to overtake this company. Few examples are Maggie vs Yippee, Colgate vs Regular Toothpaste. The strength of line of defence can be found out…
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