One of the central assumptions of the efficient market theory is the – “rational actor”. The market consists of rational individuals who factor in all

I want start by saying that, I have recently been introduced to the Austrian school of economic thought through a lucid and easy to understand

There are many schools of thought related to investing in companies. I am delineating what I find most sensible and appealing. At the outset, I

In a previous post, I discussed the fundamental qualities of a great business – Productivity & Uniqueness . However these qualities are internal to the business and

The most powerful value creation vehicles are businesses that provide products and services. The product has a value that is greater than the cost of

A  Brief primer The Definition of Economic Progress and how it is linked to productivity has been elucidated in previous posts. Fundamentals. Demand does not drive economic growth; Supply

Economic growth … Is not the same as jobs for everybody It is characterized by an improvement in the quality of life (Consumption/Work). This has

Far too many discourses equate inflation, money supply, stock market indicators, commodity ETFs etc to the growth of human civilization. These are man made complications that obfuscate