Read the Economic Code of Wealth

박 Nomadsirius

Beschreibung

The daily average foreign exchange transaction volume in 2023, as announced by the Bank of Korea, is $65.9 billion.Excluding spot and forward exchange transactions, most of the transactions are conducted by forces aiming for currency speculation.Funds move at the speed of light, and if 0.1% of $3 billion moves, it results in a profit of $3 million.Due to financial liberalization through globalization, exchange rates are determined not only by the movement of goods and services but also by the flow of capital.International financial transactions precede trade transactions, and money exceeding fifty times the real economy seeks higher returns, searching every corner of the globe.As it becomes harder to find good returns due to overinvestment and overproduction, companies rely on 'technical trading' and 'momentum investing' for very short-term gains rather than investing based on long-term outlooks and intrinsic value.Thus, a financial crisis in a specific country spreads to our exchange rate fluctuations or financial crises.Stiglitz won the Nobel Prize in Economics for his work on the asymmetry of information and the imperfection of markets.Market imperfections arise from game-theoretic environments caused by gaps in information, leading to interactions between uncertain elements in the understanding of markets and events.Our decisions, based on human knowledge, result in unintended consequences, but the amount of information gained from failure is greater than from success.Based on a philosophical understanding of wealth, we read the codes of the economy, amplifying the bidirectional feedback mechanism of error and recursion.

Verfügbar seit: 28.06.2024.

Drucklänge: 206 Seiten.

Handel & Wirtschaft

Weitere Bücher, die Sie mögen werden

The W Chan Kim and Renée...

Renée Mauborgne, W. Chan Kim

The best of W. Chan Kim and Renée Mauborgne's articles on blue ocean strategy, all in one place. 
 
 
 
The seminal book Blue Ocean Strategy has sold over four million copies globally and is in print in forty-six languages. But much of W. Chan Kim and Renée Mauborgne’s work on creating new market spaces was originally published in the pages of Harvard Business Review. This book brings the best of those articles together all in one place. 
 
 
 
Piece by piece, these articles explain the process of creating "blue oceans"––uncontested market spaces, untainted by competition. Kim and Mauborgne introduce tools for exploring and exploiting these markets, such as the Value Curve, the Strategy Canvas, the Price Corridor of the Mass, and the Business Model Guide—tools that have come to make up the blue ocean strategy framework. This collection also features the authors' latest Harvard Business Review article, "Red Ocean Traps." 
 
 
 
Whether or not you're familiar with blue ocean strategy, this book will give you a new perspective on this important framework—and help you implement it in your organization.

Zum Buch

Essentials for Business Success...

David Travers, Neil Millard

Essentials for Business Success Bundle, 2 in 1 Bundle: Chillpreneur and The Entrepreneur's JourneyOne of the problems most new entrepreneurs make is that they try to be all things to all people. When you start looking at the most successful entrepreneurs and the most successful companies, they were built upon the idea of specialization and the idea of becoming really, really good at providing one thing really, really well. If you want to achieve success, you need to develop a specialty or focus on a particular area that your business will really be good at. Another valuable resource for an entrepreneur is time. With the same 24 hours in a day that is allotted to everyone else, many entrepreneurs feel as though they don't have enough time to accomplish what they want. To be a successful entrepreneur, you have to learn how to manage your time effectively if you're going to increase your productivity and accomplish everything you set out to do. This bundle will teach you about business development and why it’s important to develop your business. You will also learn the things you need to focus on in order to have a successful online business. It will also teach you how to effectively manage your time and begin to work smarter, not harder to reach your goals and achieve your dreams, without burning out.This 2 in 1 bundle includes the following audiobooks:1. Chillpreneur: The Essential Time Management Guide for Entrepreneurs. Discover How to Manage Your Time Better as an Entrepreneur to Boost Productivity2. The Entrepreneur's Journey: The Ultimate Guide on How to Become an Exceptional Online Entrepreneur. Discover the Proven Practices and Strategies on Online Entrepreneurship SuccessIf you want to learn more, download your copy of Essentials for Business Success 2 in 1 Bundle today!

Zum Buch

Silicon Valley Secrets: The...

Bennett Harlow

Silicon Valley Secrets: The Ultimate Leadership Guide from Tech Titans
Are you looking to excel in your career and gain deep insights from the successes of Silicon Valley innovators?
Seeking a comprehensive guide that provides all the essential strategies from the tech industry to sharpen your leadership skills?
Your search ends here!
This guide serves as your definitive companion for deepening your understanding, applying your skills, and engaging in hands-on exercises. With this, you're geared for success.
Unlock groundbreaking strategies from Silicon Valley innovators.
Key features of this enriched guide:
- Profound insights into leadership within the tech industry
- Detailed explanations of successful strategies from Silicon Valley giants
- Effective methods for applying tech-driven leadership principles
Our guide distinguishes itself through comprehensive coverage essential for your leadership growth. Concepts aren’t merely skimmed over; they are delved into with precision.
Please note that this guide is not affiliated with any official entity and is purely an independent resource for your benefit.
Designed with a clear structure and easy-to-understand language, our leadership guide ensures smooth transitions between topics. Say goodbye to dense jargon and welcome clear, precise, and technically accurate content.
So, why wait? Click the BUY NOW button, secure your guide, and begin your journey to mastering leadership with insights from Silicon Valley's best!

Zum Buch

Retirement Planning Guidebook -...

Dave Turley

Retirement Planning Guidebook: An Essential Guide on Securing Your Future. A Step-by-Step Retirement Planning Guide for Financial FreedomEmbark on a transformative journey towards a secure and fulfilling retirement with "Retirement Planning Guidebook: An Essential Guide on Securing Your Future." This comprehensive audiobook serves as your trusted companion, providing step-by-step strategies and expert insights to help you navigate the complex landscape of retirement planning and achieve true financial freedom.In this invaluable resource, we demystify the intricacies of retirement planning, empowering you to make informed decisions that lay the foundation for a prosperous future. From setting achievable financial goals to understanding investment options, we guide you through each stage of the planning process, ensuring you have the tools and knowledge to make the right choices for your unique circumstances.Discover the secrets to maximizing your savings, optimizing your investment portfolio, and minimizing risk as you work towards your retirement goals. With expert advice from seasoned financial professionals, you'll gain a deep understanding of asset allocation, tax strategies, and retirement account management, enabling you to make sound financial decisions that align with your aspirations.Whether you're just starting your retirement planning journey or seeking to refine your existing strategy, "Retirement Planning Guidebook" equips you with the knowledge and tools to secure your financial future. Take control of your destiny, achieve true financial freedom, and embark on a retirement that exceeds your wildest dreams.Don't leave your future to chance. Let "Retirement Planning Guidebook" be your comprehensive roadmap to financial security and a life of abundance. Your prosperous retirement starts here.

Zum Buch

The Product Loop - Product...

Specular

Successful products require more than great ideas and hard work. They require a structured and pragmatic path from idea to market. Without such a path forward, even the most capable teams risk misalignment, rework and launching something the market doesn’t want. The Product Loop (the Loop) establishes product development hygiene by organizing what product teams must accomplish to be successful through an outcomes-based framework. When executed as structured, The Loop guides teams through validating real opportunities, building solutions that deliver value, and bringing them to market successfully. Whether you’re launching your first product, refining an existing one or preparing to scale, the Loop gives your team a common language, shared focus and a solid foundation for sustained product success.

Zum Buch

The Art of War

Sun Tzu

The Art of War by Sun Tzu is an ancient Chinese military treatise dating from the Late Spring and Autumn Period (roughly 5th century BC). The work, which is attributed to the ancient Chinese military strategist Sun Tzu ("Master Sun"), is composed of 13 chapters. Each one is devoted to a different set of skills or art related to warfare and how it applies to military strategy and tactics.
The audiobook version of The Art of War narrated by Mike Vendetti is a faithful and engaging rendition of this classic text. Vendetti's clear and concise delivery makes the complex concepts of The Art of War easy to understand, and his passion for the material is evident throughout. This audiobook is an essential resource for anyone interested in military history, strategy, or leadership.
Some of the key takeaways from The Art of War include:The importance of knowing your enemy and yourself.The need to be flexible and adaptable in the face of changing circumstances.The importance of deception and surprise.The need to build morale and unity within your forces.The importance of discipline and order.
The Art of War is a timeless classic that has been studied and admired by military leaders and strategists for centuries. It is a must-read for anyone who wants to understand the principles of warfare and leadership.
If you are interested in learning more about The Art of War, I recommend checking out the audiobook narrated by Mike Vendetti. It is a faithful and engaging rendition of this classic text that will help you understand the principles of warfare and leadership.

Zum Buch