It’s understandable why there might be a disconnect between government officials touting a revenue surge while the public continues to …
Deciphering the Strength of the Sri Lankan Rupee: Economic Realities Amid Global Turbulence
The strength or weakness of a currency like the Sri Lankan Rupee (LKR) against other currencies such as the US …
Where a country like Sri Lanka is experiencing significant economic challenges, high inflation, protests, and a recent debt crisis, the decision to privatize state entities, especially to foreigners, should be carefully evaluated. Here are some considerations:
Immediate Relief vs. Long-Term Sustainability: Privatizing state entities may provide the government with immediate relief by generating revenue or reducing …
Embracing True Wealth: Beyond the Illusion of Social Media Riches
In today’s world, the pursuit of wealth often seems synonymous with material possessions flaunted across social media platforms. We find …
Deciding how long to watch and analyze a company before purchasing its stock depends on various factors including your investment strategy, risk tolerance, and the nature of the company itself. However, here are some general guidelines and aspects to consider during your observation period:
Financial Performance: Look at the company’s financial statements, including revenue, earnings, and cash flow. Analyze trends over time to understand …
The observation I made regarding the Sri Lankan rupee’s depreciation and its impact on the Colombo Stock Exchange (CSE). While correlation does not necessarily imply causation, there are several reasons why a depreciation of the currency could lead to a rise in the stock market:
Export Competitiveness: When a country’s currency depreciates, its goods and services become more competitive in international markets because they become …
The Subtle Art of Not Giving a F*ck: An Expat Accountant’s Perspective
Introduction: As a 26-year-old expatriate navigating the complex world of numbers as an accountant, my journey in the corporate realm …
Embracing True Wealth: Beyond the Illusion of Social Media Riches.
In today’s world, the pursuit of wealth often seems synonymous with material possessions flaunted across social media platforms. We find …
Buying in a bear market can present opportunities for investors, but it’s important to approach it with caution and consider various factors. Here are some points to keep in mind:
Discounted Prices: A lot of stocks and other assets may be trading for less money than they are truly …
Purchasing Power Parity vs Cost of Living
Purchasing Power Parity (PPP) and the cost of living are two related but distinct economic concepts that are often used …