Month: May 2020

The Feynman Technique: How to Learn and Understand Anything

In the task of learning, whether for school, life, or your career, a common way to go about it is reading information until it sticks in your head. You read a textbook and take notes. You organize the condensed notes and read them again in an attempt to retain everything. Perhaps you are a student and have …

The Feynman Technique: How to Learn and Understand Anything Read More »

Fixed Mindset vs Growth Mindset

The idea of fixed mindset and growth mindset was popularized by Carol Dweck, a researcher at Stanford University. She brought these ideas into the public eye in her book Mindset: The New Psychology of Success. The book discusses the power of our conscious and unconscious beliefs and how they have a profound effect on nearly every aspect of our lives. …

Fixed Mindset vs Growth Mindset Read More »

What is Payback Period?

Payback period is the amount of time needed for the cash flows of an investment to recover the amount initially invested into an asset. It is a measure of liquidity that is commonly used in capital budgeting and shorter payback periods are associated with more attractive projects. Simply put, if you spent $100,000 as an initial outlay …

What is Payback Period? Read More »

Scroll to Top