Top 21 Bill Gross Quotes On Investment.

William H. Gross was born in 1944. Bill Gross called the “king of bonds” in the investment world is a legendary bond investor who founded Pacific Investment Management Company (PIMCO). Top 21 Bill Gross quotes on investment. When the tide goes out, you get to see who’s swimming naked. PIMCO has had its bathing suitContinue reading “Top 21 Bill Gross Quotes On Investment.”

Top 30 Jim Simons Quotes On Investment, Making Money, Luck and Mathematical Models (Hedge Fund).

James Harris Simons is an American mathematician, billionaire hedge fund manager, and philanthropist. He is the founder of Renaissance Technologies, a quantitative hedge fund based in East Setauket, New York. He and his fund are known to be quantitative investors, using mathematical models and algorithms to make investment gains from market inefficiencies. Due to theContinue reading “Top 30 Jim Simons Quotes On Investment, Making Money, Luck and Mathematical Models (Hedge Fund).”

Top 31 Ray Dalio Quotes On Investment And Life.

Raymond Thomas Dalio was born on August 8, 1949. He is an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985 Ray Dalio is regarded as one of the greatest innovators in the finance world, having popularized many commonly usedContinue reading “Top 31 Ray Dalio Quotes On Investment And Life.”

Top 13 Dennis Ritchie Quotes (C Programming Language).

Dennis MacAlistair Ritchie was born on September 9, 1941. Dennis Ritchie was an American computer scientist.He created the C programming language. He also with long-time colleague Ken Thompson, created the Unix operating system and B programming language.Ritchie and Thompson were awarded the Turing Award from the ACM in 1983, the Hamming Medal from the IEEEContinue reading “Top 13 Dennis Ritchie Quotes (C Programming Language).”

Top 25 Bjarne Stroustrup Quotes (Inventor of C++ programming language).

Bjarne Stroustrup was born on 30 December 1950. He is a Danish computer scientist, most notable for the invention and development of the C++ programming language. He is a visiting professor at Columbia University, and works at Morgan Stanley as a managing director in New York.Source – Wikipedia. Top 25 Bjarne Stroustrup Quotes: The firstContinue reading “Top 25 Bjarne Stroustrup Quotes (Inventor of C++ programming language).”

Top 25 Albert Bandura Quotes On Psychology (“Bobo doll” experiment).

Albert Bandura was born December 4, 1925. He was a Canadian-born American psychologist and originator of social cognitive theory who is probably best known for his modeling study on aggression, referred to as the “Bobo doll” experiment, which demonstrated that children can learn behaviours through the observation of adults. He died on July 26, 2021.Continue reading “Top 25 Albert Bandura Quotes On Psychology (“Bobo doll” experiment).”

What Are Control Ratios?

The effective method for appraising the level of efficiency of the productive capacity of a business to labor is by the control ratio. Control ratios are an extension of basic variance analysis strictly restricted to fixed productive volume. Control ratios have three types. These are : Capacity ratio, 2. Efficiency ratio and, 3. Activity ratio.Continue reading “What Are Control Ratios?”

Why is it important to distinguish between needs and wants in budgeting?

Budgeting is the systematic process of preparing detailed short term plan of actions expressed in monetary values. The plan quantified in monetary terms prepared ahead of a defined period should show expected income and expected expenditure. A budget should also fulfill a planning purpose and a control purpose (underlined by the comparison of actual resultContinue reading “Why is it important to distinguish between needs and wants in budgeting?”

What Is The Meaning Of Life Cycle Costing?

Every product or service comes through stages to reach the market. Costs are incurred from stages of design, development, market launch, promotion, sales and to the point a product or service is withdrawn from circulation. These costs are called life-cycle costs These costs have the following components: Costs of research, design, production and testing. TheseContinue reading “What Is The Meaning Of Life Cycle Costing?”

What Is The Difference Between Basic And Diluted Earnings Per Share?

An increase in the number of common shares outstanding dilutes (reduces) earnings per share. For instance, if company ABC has an outstanding issue of preferred stock that is convertible into shares of common stock at a rate of three shares of common stock for two shares of preferred stock. The conversion would increase the numberContinue reading “What Is The Difference Between Basic And Diluted Earnings Per Share?”