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{ Monthly Archives } December 2014

Final Round : Mike Tyson vs Theodore Johnson who is the champion?

We all know Mike Tyson, but who is Theodore Johnson? Here is a David vs Goliath story. Mike Tyson, former heavy weight champ and the man who made more money than any other boxer, was at one point in time worth half a billion dollars, that would be around 3000 Crores today, making him both […]

Wealth destruction effect of frequent activity.

The attached pic via @awealthofcs while meant to show power of compounding also shows that frequent churning of investments leads to wealth destruction and not creation. Keep in mind that returns are same for both options and the only difference is the taxes paid once every year vs once after 20 years. If we assume […]