Vivek Choudhary

Wealth Creation & Financial Statement Analysis Vivek Choudhary

"If you buy things you do not need, soon you will have to sell things you need."? Warren Buffett. The first section in this book it about the creation of wealth, the importance of wealth, the habit we can learn from some of the wealthy people and develop the same skill, why rich people try to look wealthy but broke in couple years, where they made the mistake, we will see what was wrong with rich people that they cannot become wealthy, going forward we see understand what kind of rules are there to become wealthy and how to get wealthy. We will go through the details to become financially free. Saving and investment are very important and how much we should save and what type of income, we can create to become financially free, we will see an example of people who created enormous wealth through passive income thought using stock investing and they are wealthy people in this world. We will understand the value of money, for present value as well as future value. we see also learn the history of stock investing, how to invest, how to go through selecting a good and quality company for that I have shared the Apple Inc 2019 financial statement like balance sheet, income statement and cash flow and some important ratio analyses, we will also learn the valuable lesson from great investors like Warren Buffett, Peter Lynch, Charlie Munger, and Benjamin Graham. What we will learn: --How to create wealth?-Why some people are wealthy and that is not a tragedy?-What wealthy people know, that we don't know?-What the habit should I perceive to become wealthy?-What I will do today for my better tomorrow?-What is financial freedom?-To be financially free, what kind of income I require?-How to invest in a stock?-How to select a quality company for investing?-What is the power of investing?-How the greatest investor created wealth?-How to quit the rat race in order to live a wealthy life and enjoy financial freedom?