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Mutual Need-Why Alphas Marry Betas

March 18, 2014 Leave a comment

wealthymatters

A scenario that often gets people’s goat is when Alphas pick Betas in the mating game.The explanation is to be found in this internet exchange:-

I Don’t Love My Fiancé Anymore, But I Need His Money, So I’m Going To Marry Him Anyway

I think about what my mother would say if she knew, and I cringe. She is a strong feminist — raised in the second wave, where things were loud and new and revolutionary — and she taught me to be the same. I love and embrace my womanhood, and I would embrace my independence along with it, if that were an option. But as of now, it is not, and I could never tell her. I couldn’t watch the way her face fell as she realized that her daughter has fallen into exactly the traps and the lifestyle that she worked so tirelessly to eradicate. She fought to live her own life on her own terms, and I am choosing the comfort and security of living someone else’s.

My fiancé is a good man, much better than I deserve. He is smart, and kind, and extremely generous — with his money, yes, but also with his time and his emotions. He is the friend who would pick you up from the middle of nowhere at three in the morning if your car ran out of gas. He would lend you whatever you needed without asking uncomfortable questions. He believes in the good in people, and life has always rewarded him for it. Until, I guess, life matched him up with me. Read more of this post

Filed under Theory Tagged with mating game, postaday, the economics of marriage, why alpha men marry beta women

Conclusion

March 16, 2014 Leave a comment

Filed under Theory Tagged with postaday, Tennyson quote

An Introduction To Financial Statements

March 16, 2014 1 Comment

Financial statements are among the most important sections of a company’s annual report. For a novice investor, reading and understanding a company’s financial statements is quite intimidating at first sight. However, to study and make good investing decisions, it is necessary to understand them.

Profit & Loss account: The profit and loss account (P&L) shows a company’s performance over a specific time frame, usually a financial year or a period of 12 months. In India, most companies follow a April to March financial year . The P&L account is also known as the income statement. It presents information relating to a company’s revenues, manufacturing costs, sales and general expenses, interest and depreciation charges, tax costs, other income, net profits, and dividends.

For a typical P&L statement refer to the image below:

Your Company’s Annual Report

March 16, 2014 1 Comment

The annual report is probably the most viewed company publication. It is the most comprehensive means of communication between a company and its shareholders. It is a report that each company must provide to each of its shareholders at the end of the financial year.

As a shareholder ie part owner of a company, you need to know its performance over the past financial year and the management’s view on the same. You also need to know what are the company’s future plans and strategies and what does the management intends to do to attain targets.And your company’s annual report is your means to do so.

Following are the Key Constituents of Your Company’s Annual Report

Director’s report: The director’s report comprises the events that take place in the reporting period. This includes a summary of financials, analysis of operational performance, details of new ventures and business, performance of subsidiaries, details of change in share capital, and details of dividends. In short, you the shareholder can get a gist of the fiscal year from this section.

Management discussion and analysis (MD&A): More often than not, the MD&A starts off with the management giving its view on the economy. It is then followed by a perspective on the sector in which the company is present. Any major changes like inflation, government policies, competition, tax structures, amongst others are highlighted and discussed in this report. It also includes the business strategy the management intends to follow. Details regarding different segments are provided in this section. The company also gives a brief SWOT (strength, weakness, opportunity, and threat) analysis and business outlook for the coming fiscal. Read more of this post