During a rare interview, Bezos shared the philosophy that drove him to chance disaster -- a decision-making approach he calls the regret minimization framework.
In many respects, the playing field is more level than it has been in years.
Recently, I accidentally clicked on an ad while trying to read a story on the internet. “It’s easy with my proven investment strategy to turn a few thousand dollars into millions,” a self-proclaimed expert insisted as he pointed viewers towards his paid services.
The need to adapt is essential because despite our best efforts and intentions, it is virtually impossible to know what lies ahead.
Perhaps the most mind-boggling aspect of the Theranos debacle is how many smart investors fell under the spell of Elizabeth Holmes and ignored the importance of transparency.
"Home-run" investment opportunities have certain characteristics that are fairly easy to identify.
By reading about and watching today’s great investors it is possible to derive key nuggets that can be adapted to our own situations, opportunities and styles.
While moments of inspiration can generate a spark that leads to great things, the important part is what comes afterwards. Without the hard work and execution, an idea is worth about as much as the paper it’s written on.
A countless number of forecasters attempt to predict the future of financial markets, geopolitical affairs or the next technological revolution, but rarely are these prognosticators correct.
A discussion of the advantages of the new tech-infused healthcare landscape.