Top 25 John C. Bogle Quotes On Investing And Index Funds. John C. Bogle Quotes.

John Clifton “Jack” Bogle was born on May 8, 1929. He was an American businessman, an investor and founder and chief executive of The Vanguard Group.He created the first index fund. He favored investment over speculation and long-term patience over short-term action.John Bogle died on January 16, 2019. Top 25 John C. Bogle Quotes OnContinue reading “Top 25 John C. Bogle Quotes On Investing And Index Funds. John C. Bogle Quotes.”

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).”

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?”

What Is The Learning Curve Theory?

A worker is likely to gain experience, become more efficient and faster as they carry out a repeated performance of a job task. Human beings improve skills, gain experience, exposure and specialize as they repeat the performance of a particular task. This is known as the learning curve effect. A worker with the no previousContinue reading “What Is The Learning Curve Theory?”

Marginal Costing And Absorption Costing (Examples)

The basis of all financial accounting statements is absorption costing or total absorption costing , using absorption costing, operating statements don’t distinguish between fixed and variable costs, all costs are absorbed into production. Marginal costing on the other hand, distinguishes between fixed and variable costs. The marginal cost of a product is its variable cost.Continue reading “Marginal Costing And Absorption Costing (Examples)”

What Is Inventory Control?

Inventory control is the system used by a business to control its investment in stock. Inventory control follows the process of: Recording and monitoring of stock levels, Forecasting future demands and, Determining the time and volume to order. What is the major objective of inventory control? The major objective of inventory control is to keepContinue reading “What Is Inventory Control?”