Tag: finance
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Risk & Return
My 30th birthday brought on a serious meditative analysis of my life and self identity. I have some great accomplishments but have paid dearly for the rewards. As a child of age 5 or 6 I remember having two dreams; to be a world renowned scholar and Olympic champion. I have sacrificed time, sleep and…
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13 Questions for the Aspiring Entrepreneur
What is an entrepreneur? Why have you chosen your industry? Do you want to run a business? Why? Where is the market opportunity? Is this endeavor your passion? Can you afford to focus your energies solely on your business? Would you try again if you were to fail? How big would you like to get;…
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Do you believe in opportunity costs/risk?
According to Merriam-Webster, opportunity cost is the added cost of using resources (as for production or speculative investment) that is the difference between the actual value resulting from such use and that of an alternative (as another use of the same resources or an investment of equal risk but greater return). Opportunity Cost = greater rate…
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Five Books That May be Ideal for the Self Directed Investor
Ubiquity – Why Catastrophes Happen by Mark Buchanan Beyond Greed and Fear – Understanding Behavioral Finance and the Psychology of Investing by Hersh Shefrin The Art of Contrary Thinking by Humphrey B. Neill Thinking Fast and Slow by Daniel Kahneman Nudge –…