Nobody had an idea that Ronald Read, a Vermont gas attendant and a janitor has been quietly investing in stocks. Before his death last year, he had build a fortune of $8 million. Perhaps the only clue that Ronald Read, a Vermont gas station attendant and janitor who died last year at age 92, had… Continue reading Philanthropy-A Janitor Bequeaths Millions To A Hospital And A Library
Cheap Oil Makes Investors Lose $390 Billion
Crude oil price has crashed from $107 per barrel to around $44 per barrel. This is more than 60% fall in the oil price. Consumers all over the world are feeling relief after many years of high oil prices. Cheap oil enables people to spend more money. Consumption helps drive the global economy. But what… Continue reading Cheap Oil Makes Investors Lose $390 Billion
Alibaba And Jack Ma Success Story From Start Till Now Documentary
Jack Ma started his e-commerce site Alibaba from a single room by borrowing around $60K from his family and friends. In just one decade he has turned that e-commerce site into the world’s largest e-commerce site. He made history last year when Alibaba IPO became the largest IPO of the world’s history. You can watch… Continue reading Alibaba And Jack Ma Success Story From Start Till Now Documentary
Deflation- Why Falling Prices Are Not Good For The Economy?
The prospect of prices falling is terrifying the central banks especially the European Central Bank and the Federal Reserve. The collapse of the crude oil prices may signal the start of deflation in the global economy. But why worry? Aren’t falling prices good for the consumers. They will have to pay less for the same… Continue reading Deflation- Why Falling Prices Are Not Good For The Economy?
How Bitcoin Works Video Tutorials
What is a bitcoin? If you are not technology savvy you will find the concept of bitcoin hard to grasp. So watch the videos below and hopefully you will be able to understand very well how bitcoin works. Everything in these videos is explained in simple terms. This is a good video for beginners. This… Continue reading How Bitcoin Works Video Tutorials
Bitcoin Find A Place At The World Economic Forum
Bitcoin is being promoted as the alternative to the world paper currencies like the USD, GBP, JPY etc. It has finally found a place the the World Economic Forum in Davos. Bitcoin gained notoriety last year when its price reached as high as $1500 before it crashed. It has also been plagued with a number… Continue reading Bitcoin Find A Place At The World Economic Forum
Will Falling Oil Prices Crash The Stock Market?
Will falling oil prices crash the stock market? Important question that comes to the mind of many investors. How low oil prices can go? This is another important question that plagues the minds of investors. While the global banking industry is still grappling with the consequences of the financial crisis and atoning for past misconduct,… Continue reading Will Falling Oil Prices Crash The Stock Market?
Four Horsemen Featured Documentary On Present Global Financial System
Capitalism is not old. Capitalism started just a few hundred years back. Today critics of capitalism say that Capitalism inherently concentrates wealth in the hands of a few. Today just 200-300 super wealthy people control almost 90% of the world wealth which sums up to trillions of dollars while billions of people are living life… Continue reading Four Horsemen Featured Documentary On Present Global Financial System
The Money Masters Documentary On The Federal Reserve System In US
The Money Masters is a 3 hour 30 minutes long historical documentary on the US Federal Reserve Bank, how it came into being and how it functions. If you are a student of economics, you should watch this documentary it will clear many concepts that you will encounter often in your study of economics. It… Continue reading The Money Masters Documentary On The Federal Reserve System In US
CHF Trade Wipes Out A $830 Million Hedge Fund Last Week
Swiss National Bank sudden decision to freely float CHF against the EURO made many causalities last week that includes a number of big global forex brokers. It is now being reported that a big hedge fund has also been wiped out by the events that took place last week. Marko Dimitrijevic, the hedge fund manager… Continue reading CHF Trade Wipes Out A $830 Million Hedge Fund Last Week