Tag Archives: economy

Interesting reads 26 Sept 2013 – Economy, Currency, and few metrics


1. How The Economic Machine Works – http://bit.ly/1ftVSA7
An interesting video on how Economy works
2. How Currency Works – http://bit.ly/1gZdYI7
A simple but, excellent explanation of how the currency works – Starting from barter system, through paper currency, upto the current electronic payments, this article puts down in simple language. Minted currency started as back as 2500 BC as metal rings, coins were introduced as back as 700 BC and current paper currency were introduced during Tang Dynasty in China during 618-907 AD
3. Top 3 Useless Stock Metrics that Investors Use – http://bit.ly/1b5pl0e
In this article the author tries to explain how Price to Sales, Enterprise Value to Free Cash Flow and Return on Assets are not so useful metrics. But, I still think the ROA is still a very useful metric. But, isn’t any metric to be considered along with other key parameters / ratios?

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Filed under Economics, Finance, Investing

Interesting reads 14 Aug 2013 – Economics is an Art, Facts of Indian Economy, What millionaires do, 4000 years history of the world


1. 10 reasons why economics is an art, not a science – http://wapo.st/13QEdOi
Barry Ritholtz explains in an excellent fashion why economics is more of an art and not science. Explaining about how markets behave, how predictions of recessions is nearly impossible, usage of economic models, emotions driving contexts, forecasts and predictions by analysts, extrapolation of past events into the present and future etc.,

2. 10 facinating facts about Indian Economy – http://bit.ly/1bs1kR3
Nice article explaining the strengths of our economy. Fastest growing economy, Key Exporter to world markets, Textile manufacturing abilities, Largest producer of Jute, Milk and Pulses, Largest retail market, Our excellence in road and rail and postal networks. In my opinion, we could have even added a few more like lot of youth population, nerve center for software industry

3. 19 Things The Millionaire Next Door Won’t Tell You – http://read.bi/1440Jj2
Len explains several practically seem and possible things that anyone of us can do to become a millionaire. Most of these are already known to us like spending below means, patience in investing, paying off credit card debt in full, pay yourself first, second job, money management, planning, goals, compunding etc., but, still a good read.

4. The Entire History of the World—Really, All of It—Distilled Into a Single Gorgeous Chart – http://slate.me/14HlYxo

 

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Filed under Economics, Finance, General