“The reality is there will always be a lure to try and beat the market, especially since those who have beat it consistently are revered so highly” — Bill Miller, Peter Lynch, billionaire hedge fund managers
There’s a definite thrill of going up against the market and venturing to come out ahead. For me, investing is a passion. In the past four years, I’ve been reading, listening, experiencing, executing, and in a sense, living with investment every free moment I can find.
It’s a world full of failures, successes, different approaches, and strategies to learn from and benefit continuously. …
Private companies have been around for a very long time. The oldest operating business is Kongo Gumi in Japan, founded in 578. It’s a construction company that specializes in shrines and temples. Since then, the way we create private businesses and the governance around them evolved significantly. Today, we have multiple entity names and structures defining these companies, ex. Inc., Ltd., or LLC. Yet, we’re nowhere near the end to declare the one final, optimum business governance model to operate businesses. Therefore, we keep trying.
Through this search, the future of business governance is about to go through another paradigm…
You’ve likely heard of NFTs for the first time from the epic sale of Beeple’s collage for more than 69 Million Dollars. The headline was probably something like “a jpeg file is sold for 70 million dollars”. Oh, and they must have included the keywords “bubble”, “mania”, or “madness” somewhere in the article for sure.
Yet if you’re reading this piece, you could not be convinced with shallow “insights” and must be willing to dig deeper to learn if there is a hidden gem in these NFTs, behind all the public disdain.
Let’s start from scratch, the definition! NFT means…
There have been many important milestones in Bitcoin’s price.
This week, everyone on social and mainstream media, newspapers, and even Elon Musk and AOC talked about the Reddit community, r/Wallstreetbets, liquidating billions of dollars worth of hedge funds’ positions.
The internet community pulled this off by betting against hedge funds’ short positions on small-cap stocks like GameStop($GME) and AMC Entertainment Holdings($AMC) by buying their call options and pushing the prices higher.
As there is no lack of availability about what the story is about, I’ll not tell you the story from scratch.
In case you still didn’t read or heard about what happened, you may want to check here…
There is a simple paradox of investing that you need to invest if you want to grow your money. Yet to make a decent amount from investing, you need quite a sum of money already from the beginning.
If you need to invest in real estate, you need at least around 10% of the list price as a down payment in most countries.
To invest in a company early, either you’ll have an annual income exceeding $200,000 ($300,000 for joint income) or $1,000,000 net worth to get access to venture capital funds, hedge funds, or be an angel investor yourself.
It’s natural for one to take big risks believing that it would lead to big rewards.
If you aim to win big, it’s fair that the risk you should take is proportionally big as well. It’s fine! Though I want to talk about a couple of problems with this way of thinking.
When the “big risks” and the “big rewards” are together in a statement, our brain focuses more on how “big” the reward is and avoid the second “big” next to the risks.
While making an investment, starting a business, making consequential choices, and even giving small daily decisions…
Being right about a tech trend may retain a billions of dollars worth opportunity.
You may build a tech empire around an accurate prediction in today’s tech world. You may also join a team with a common goal to make a real difference or invest your money in the right founder to leverage a shared vision.
In all these ways, being right even once may create a life-changing opportunity.
Now imagine being right for 55 consecutive years!
Gordon Moore, the co-founder of Intel, was not only right, but he has also put his money and effort into where his mouth…
“Knowing yourself is the beginning of all wisdom.” — Aristotle
It may sound extravagant to start a trading story with a self-awareness quote. Yet, I cannot think of better entry to this story than these wise words of Aristotle.
Once you start trading, there are many basic concepts you should learn first. Support, resistance, Fibonacci, RSI, MACD, moving averages, and many more technical analysis tools are only some of these, and they may indeed leverage your trading up to a point once you learn how to use them.
On top, you will come across many people pitching their “perfect” tool…
There are many ways to build wealth but I’ll be talking about the way through investing in this piece.
Investing is one of the ultimate paths to building wealth, and despite many falls to the trap, it’s a shallow mistake to consider it only as a matter of growing your wallet.
That’s true! To build wealth, you first need to reach financial independence. Yet to maintain what’s in your possession once you’re there, you first need to learn how to be wealthy before you become one.
Your journey must begin with knowing the basics, theories, the timeless facts of how…