I can’t believe the number of people that have lost everything by investing with Madoff. While I feel empathy for those who lost money, who puts all their money in one place and doesn’t know what the investment is backed by. The first rule any amateur or professional investor learns is to diversify. Never put your money in one stock, bond, company, industry, sector, etc. This includes your house. If people are so lazy they can’t even handle the simple oversight of their wealth and investments, than maybe they don’t deserve it. We should all learn several investment lessons from the Madoff debacle…diversify, don’t invest in anything you don’t understand, and if it always goes up and sounds too good to be true, it is.
Recruiting and hiring top talent is crucial for a successful business, but we are not good at it. Data from the Harvard Business Review points out that as much as 80% of employee turnover is due to bad hiring decisions. With such consensus on the importance of competent recruiting and hiring, why is it so […]
I am frequently asked for recommended resources and tools for entrepreneurs and startups. So here is a list of tools, blogs and other resources that I have personally used and would use again in my startups. There are many other options that aren’t on my list, but I have limited the list to options I’ve […]
The pending exit of the U.K. from the European Union (i.e. Brexit) has created many questions around the future of London as a global financial center. London, along with New York, have been the reigning global financial centers, but London’s pending loss of direct access to the EU places its position under jeopardy. While London […]