Lack of financial and economic knowledge causes losses in psx

Largest university endowments in the US tend to earn double the rate of return on their investment compared to smaller endowments, largely because they can employ better financial managers to manage those endowments. Sound financial advice and analysis is very important to earn a better return. (Source: Capital in 21st Century by Thomas Piketty)

Also see: The secret behind the Ivy League’s high endowment returns (

Understanding the economic cycle and forces that shape up return on stock markets, and how to feel the trend as it changes is very important to safeguard your capital. So better to equip yourself with basic financial and economic knowledge.

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