Apple fired Steve Jobs.
He walked into MIT and gave the most honest 60-minute business lecture ever recorded.
No PR filter. No image to protect. Just raw thinking from the guy who built Apple once — and was about to do it again.
Watch this instead of Netflix tonight.
Bookmark it for later
Significant Shift in Professional Education! 📊
The Ministry of Corporate Affairs (MCA) is reportedly considering the formation of a new 'Academic Authority' to oversee exams and curriculum for ICAI, ICSI, and ICMAI.
Key Highlights:
• A committee of over a dozen experts has been formed to evaluate this proposal.
• The goal is to bring uniformity and streamline the examination process across the three professional bodies.
• While the new authority would handle academic matters, professional conduct is expected to remain with the respective institutes.
This move could mark a major turning point for the CA, CS, and CMA professions in India. Looking forward to the official report and its impact on future professionals.
Charlie Munger on valuations:
The first rule of investing is don’t lose money. The second rule is don’t forget the first rule. And that’s all the rules there are. Valuation is how you enforce Rule #1.
We don’t buy anything unless we think it’s worth at least twice what we’re paying. That’s not a formula — that’s a discipline. You wait until the math is overwhelming.
You wait until something is screamingly cheap — so cheap that even a pessimist can’t deny it.
When market offers you a wonderful business at 50 cents on the dollar, you buy. When it offers you garbage at 90 cents, you walk.
Valuation is not a science — it’s an art informed by logic. You invert: What could go wrong? How much would it still be worth? If the downside is survivable, and the upside is huge, you act.
Most people think growth justifies any price. We think growth is only valuable if you buy it cheap enough. Pay too much, and even Apple becomes a bad investment.
(Berkshire bought Apple at 7 PE after subtracting cash)
India mourns the loss of one of its most distinguished leaders, Dr. Manmohan Singh Ji. Rising from humble origins, he rose to become a respected economist. He served in various government positions as well, including as Finance Minister, leaving a strong imprint on our economic policy over the years. His interventions in Parliament were also insightful. As our Prime Minister, he made extensive efforts to improve people’s lives.
Amid growth and inflation concerns, Sanjay Malhotra Revenue Secretary replaces Shaktikanta Das as #RBI Governor. This marks the third governor change since 2016 i.e. Raghuram Rajan (2016) then Urjit Patel (2018) and now Das, reflecting high tensions between the govt and RBI.
A great leader in whose leadership Federal Bank has achieved great heights. From being the most customer centric bank having highest rating on Google maps irrespective of the location, then being 63rd best workplace in asia and then giving highest returns.
#federalbank#bank
Why is the Indian Government keen to sell the IDBI Bank. Currently the bank has a good profit of around 6000 CR. Reports indicate that Firefax holding are in frontline of the bidding process but they are unable to solve existing issues with CSB Bank.
#India#privatisation
We all stand today with every doctor protesting today and we are with them. We all have to stand because tomorrow it may be our sister or friend or our relative who will face this. We demand hardest punishment should be given to all accused involved.
#justiceformoumitadebnath
Stock markets all over World can open negative on Monday with the new tensions escalating in the Middle East between Iran and Israel. Iran attacked Israel with ballestic missiles and drones and now big retaliation can be expected from the Israeli side.
#Israel#IranAttack
#Nvidia added 277 billion dollars in just one day which is more than total market capitalisation of Reliance Industries. Shares of company zoomed after soar #AI business of the company.
Company marker capitalisation now bigger than market Cap. of #Sensex.
#ArtificialIntelligence