On this 21st of December, when the Nifty shed 400+ points in a single day, there was a lot of panic on the news etc.

I heard an analyst say that this could be because of the "December Effect" !

What is this December Effect and why you should know about it ?

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#marketcrash The December Effect, more commonly known as the "January Effect" is a seasonal decrease in share prices in the month of December and an increase in prices in the month of January !

This is a very popular hypothesis but what's the logic behind it ?

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#january #december

Time for a very short story !!

Once a 14 year old kid, who used to deliver newspapers, told his family friend that if he doesn't become a millionaire by the age of 30, he'll jump of the tallest building of his city !

Sadly, he didn't become a millionaire by 30 ! 😔

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#story I'm sure nobody even remembered his outrageous claim after 16 years but that child.....that child is now the age of your grandpa and is worth $85 Billion !!! 😮

He is the legend himself - Warren Buffett !

A short thread on Warren Buffett !

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#WarrenBuffett

When I say McDonald's, what comes to your mind ?

Burgers, right ?

But if I tell you that McDonald's is not a burger company.....will you be surprised ?

Then you should be, because IT ISN'T A BURGER COMPANY !!

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#burger #mcdonalds Yes, McDonald's isn't a Burger company bcoz most of the revenue that McDonald's makes doesn't come from selling burgers !

Then what does it come from ?

Let's take a look at it's financial statements !

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#revenue #financials