applied know how
Seems a lot of negative news is provoking a response
Softbank- after investing US$10.5Bn at a US$47Bn valuation in WeWork – now doesn’t want a WeWork IPO … one way not to recognise a potentially heavy investment loss is to close your eyes, ignore the evidence and pretend nothing has happened, reports the FT . A listing would expose the horrible truth about the allegedly hip workspace landlord isn’t worth its US$47Bn value.… Read more
As a new General Manager, you’ll have to start making decisions, and its good to have some background on Decision Theory. So here’s some basics on how to think about decisions, and how to assess what sort of risk taker you are.
Risk aversion
OK, imagine the following, you are offered a strategy that will give you a 50/50 chance of earning $1,000 profit.… Read more
I retired this year, I was able to do so as I had planned for my financial freedom over a decade or so. When i thought work was no longer fun nor interesting, my investments would enable me to live without working. This is the essence of financial freedom.
Your definition may be to have sufficient passive income, or minimized expenses that you can finally take up your poorly paid dream profession, or you can easily weather the threat of job loss.… Read more