Amidst the rise in online fraud, understanding the Pig Butchering Scam is essential. The name comes from the idea of fattening a pig before slaughter. A pig butchering scam is a deceitful scheme where people are convinced to invest more money, often in cryptocurrency, into what seems like a genuine opportunity. These scams are widespread …
Indian online brokerage platform Zerodha went down early morning on Monday after it was hit by a technical glitch. The issue was resolved later during the day. Zerodha is the second-biggest online brokerage platform in India. The company acknowledged the issue on social media platforms. “Due to a connectivity issue, some of our users were …
Nithin Kamath on Friday said the popular narrative that retail investors are clueless may not be fully accurate. According to Kamath, equity investors on Zerodha are sitting with higher overall notional gains than equity mutual fund investors. “Maybe the popular narrative that retail investors are clueless and “gambling” isn’t fully accurate. That’s because you would …
Paying his respects to Charlie Munger, Zerodha Founder, and Chief Executive Officer Nithin Kamath on Wednesday said that Munger’s ideas had a tremendous influence on him.Munger was the Vice Chairman of Berkshire Hathaway, a conglomerate run by Warren Buffet. He passed away on Tuesday at the age of 99 in a California hospital.”I had written …
Exchange Traded Funds (ETFs) have grown tremendously in the last few years. As per the data available on the NSE website, there are over 174 ETFs as on June 30, 2023. An ETF is a passive form of investing that invests in a basket of securities that mostly tracks a certain index. It tries to …