If you swing for the fences, you're going to strike out a lot. But..
Jeff Bezos once said...
if you swing for the fences, you're going to strike out a lot, but you're also going to hit some home runs. The difference between baseball and business, however, is that baseball has a truncated outcome distribution. When you swing, no matter how well you connect with the ball, the most runs you can get is four. In business, every once in a while, when you step up to the plate, you can score 1,000 runs. This long-tailed distribution of returns is why it's important to be bold. Big winners pay for so many experiments.
#finance #investing
100 Years of Banking
100 years of banking in 100 seconds. A crash course in the history of the U.S. banking system. #finance #banking #investmentbanking
Ken Griffin took home a record breaking $4.1 billion last year after Citadel had a massive year across its funds and businesses. #finance #billionaire #hedgefund
Modern Economic Structures
Economies are not just cyclical
Economies are not just cyclical they are iterative.
Peloton's recent performance
Peloton, the influential fitness company, faces challenges: finances, recalls, and a new CEO. Can Peloton rebound? Find out on Cap Stack.
Modern Corporate Structures
The CEO's fear of being overshadowed leads to a succession of leaders who prioritize security over competence. As intelligence takes a backseat, the implications for our economic history become apparent.
Learning financial history will give you an edge in the world of today. History repeats itself, only the circumstances change.
Improve your judgment to build your skill.
How you handle mistakes
Your reactions to mistakes define your growth. Success isn't about never making mistakes, but about learning from them and evolving your strategies. Painful losses are the most powerful accelerators for your success. #finance #investing #stocks
Asian Financial Crisis
Asia's Comeback Story
26f84b003586fe71f2685f18f662a9d1.original.mp4
When Asia Failed
