Rich To Do

What We can Learn from Jesse Livermore

Born in 1877, Jesse Livermore is perhaps the most famous trader in history. His life written by Edwin Lefèvre, titled “Reminiscences of a Stock Operator” (1923), is highly regarded as a must-read for all traders, and it deserves more than a passing recommendation. Livermore himself is also an author of a book titled “How to […]

Business Ideas for Housewives

Women at home today can have more opportunities to get business and mostly these women entrepreneur enjoys it. At least there are 3 types of gains that female entrepreneurs enjoy namely personal freedom, security, and satisfaction. Professional growth, development, challenge, and self-fulfillment motivate women to become female entrepreneurs, unlike men who embody entrepreneurship for higher […]

How to Value a Company

If you’re looking to value your company you’re either planning to sell or may be looking for investment to grow your business. It’s essential to accurately estimate the value of your business – if selling; you’ll be clear about the value you expect to get from a buyer. If you’re looking for investment, an investor […]

Theory of Production

Theory of production, in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labor, raw material, fixed capital good, etc., that it employs (its “inputs” or “factors of production”) […]

Case study of Baring Bank and Nick Leeson

Nick Leeson and the Barings debacle are memorized as the biggest financial scandal in the 20th century. At the age of 28, Nick Leeson brought down 233-year-old Barings — Britain’s oldest merchant bank crashed, by losing £827 million (US$1.4 billion) in the derivative market trading. After a failed bailout attempt, Barings was declared insolvent on […]

How to Prepare Retirement

One of the issues that commonly leads clients to consult financial advisers is retirement planning. This usually involved creating a plan to save and invest in order to provide a comfortable retirement income. Ideally, this starts many years ahead of retirement, and it is advisable even as early as the first paycheck. Planning for retirement […]

Small Business Ideas for Women

The entrepreneurial ability in women in the world has witnessed steady and increasing economic standing in the society. Generally, expertise, understanding the domain, risk taking ability and flexibility are the major reasons that drive women to undertake a business venture. An aspiring woman entrepreneur always wants to do something fruitful and positive in the business besides […]

Long-Term Capital Management Case Study

Long-Term Capital Management (LTCM) is a hedge fund management firm based in Greenwich, Connecticut. The hedge fund used absolute-return trading strategies combined with high financial leverage. The firm’s master hedge fund, Long-Term Capital Portfolio L.P., collapsed in the late 1990s, leading to an agreement on September 23, 1998, among 16 major financial institutions worldwide. Some […]

Understanding Demand, Supply, and Equilibrium

Market equilibrium refers to the stage where the quantity demanded for a product is equal to the quantity supplied for the product. The price when the quantity demanded is equal to the quantity supplied for the product is known as the equilibrium price. Equilibrium price is also termed as market clearing price, which is referred […]