Alok Ranjan Official Blog

The Difference Between Amateurs and Professionals

Why is it that some people seem to be hugely successful and do so much, while the vast majority of us struggle to tread water? The answer is complicated and likely multifaceted. One aspect is mindset—specifically, the difference between amateurs and professionals. Most of us are just amateurs. What’s the difference? Actually, there are many … Read more

24 Lessons From Jeff Bezos’ Annual Letters To Shareholders

jeff Bezos

Since founding Amazon in 1994, CEO Jeff Bezos has run his company according to an unconventional set of core principles: don’t worry about competitors, don’t worry about making money for shareholders, and don’t worry about the short term. Focus on the customers, and everything else will fall into place. Since 1997, Amazon’s stock price has risen from … Read more

16 Lessons From Warren Buffett’s Annual Letters To Shareholders

1.     Buffett took his “retirement fund” of $174,000 and decided to start his own investment business. Two decades later, he was a billionaire. The result is an eminently quotable collection of homespun investing wisdom: · “Price is what you pay, value is what you get.” (2008) · “For investors as a whole, returns decrease as motion increases.” (2005) · “Be fearful when others are … Read more