Join us on a literary world trip!
Add this book to bookshelf
Grey
Write a new comment Default profile 50px
Grey
Subscribe to read the full book or read the first pages for free!
All characters reduced
Read the Economic Code of Wealth - cover

Read the Economic Code of Wealth

박 Nomadsirius

Publisher: YH Partners

  • 0
  • 0
  • 0

Summary

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.
Available since: 06/28/2024.
Print length: 206 pages.

Other books that might interest you

  • The Transformational Leader - How the World's Best Leaders Build Teams Inspire Action and Achieve Lasting Success - cover

    The Transformational Leader -...

    Matt Mayberry

    • 0
    • 0
    • 0
    As we face a global leadership crisis, the decade of real-world experience and research from bestselling author and renowned thought leader Matt Mayberry in The Transformational Leader has never been more timely. Mayberry shares his experience working with hundreds of corporate leadership teams, transforming underperforming teams into top performers, and coaching executives to become the leaders their organizations need through transformational leadership's four core attributes: idealized influence, inspirational motivation, intellectual stimulation, and individualized consideration. 
     
     
     
    This book is more than just a guide to a proven approach to achieving leadership success; it's a call to action that challenges you to step outside your comfort zone and create a culture where everyone feels valued, heard, and inspired. In this book, listeners will learn about: confronting the reality of the leadership crisis and realizing that the actions that got us here won't get us to where we want to go; how our dependence on technology has left leaders unprepared for disruption after disruption; leadership principles grounded in robust research, empirical data, and proven success; the importance of inspirational leadership and how to become an inspirational leader yourself; and how to start influencing and impacting others regardless of rank, title, or position.
    Show book
  • Lead Like a Girl - The New Leadership Playbook for Women and Men - cover

    Lead Like a Girl - The New...

    Dalia Feldheim, Sheryl Sandberg

    • 0
    • 0
    • 0
    Lead Like a Girl is a holistic look at how to achieve purpose and joy at work. It is about turning the world of work into a place where empathy, intuition, passion, and resilience take their rightful place, where women can lead like women and men can tap into their more feminine leadership traits and dare to lead (more) like a girl! 
     
     
     
    It's time to stop asking our women leaders to lead like men and instead start learning from what is working for our women leaders—and share that wisdom with everyone, men and women alike. Lead Like a Girl is a provocative call to action to all leaders to stop wearing an emotional mask at work and connect to their more feminine leadership traits—owning their passion, perseverance, people skills, and positivity. 
     
     
     
    With her flare for relatable storytelling, Dalia shares her executive leadership journey of over two decades backed by theoretical underpinning from the world of psychology, business, and mindfulness to encourage leaders to connect to their more feminine super powers: be courageous, lead from their heart, and dare to lead (more) like a girl.
    Show book
  • The Thin Book of Trust Third Edition - An Essential Primer for Building Trust at Work - cover

    The Thin Book of Trust Third...

    Charles Feltman

    • 0
    • 0
    • 0
    Bestselling author Charles Feltman updates his business classic, The Thin Book of Trust, with new resources and tools to build trust in the post-pandemic world. 
     
     
     
    Feltman's phenomenal bestseller with almost 100,000 copies sold across two editions outlines in a very simple and quick way the art of building trust between people in organizations as a core essential workplace competency. 
     
     
     
    The updated Thin Book of Trust offers a framework that supports trust building as a workplace competency. It is based on the idea that building trust is a competency, a set of skills that can be learned, improved, and practiced. It will help you continuously improve your ability to build and maintain trust with others. It can also help you create and contribute to a high-trust culture at work. 
     
     
     
    The third edition includes a new study guide. 
     
     
     
    Charles Feltman says: "Whether you lead others, contribute individually, or serve as a coach, consultant, facilitator, HR or OD professional, your ability to generate and sustain strong trust is critical to the success and well-being of your enterprise. It is my hope this new edition serves you well in becoming an exceptional trust-builder."
    Show book
  • Is marketing a good career? - How to make your career in marketing a success - cover

    Is marketing a good career? -...

    Christoph Trappe

    • 0
    • 0
    • 0
    Making the right career choice can be hard enough as it is. What do we like to do, what are we good at, and what career is fulfilling and pays the bills? 
    While I can't answer those questions for all career fields, let's talk about marketing. What's good about marketing? How do you decide if it's for you? Let's discuss the question: Is marketing a promising career? 
    In this book, I discuss the following:What you should know about marketingHow to find your professional nicheWays to identify suitable companies, teams, and bossesBeing ready for technology advancesAnd more... 
    This book is for anyone - early in their career, mid-point, or even later - considering a marketing job for one reason or another. 
    In this book, I cover the different skills needed for marketing, how to find the right company that works for you, and, after all makes it a successful career if indeed you want to do that.
    Show book
  • HBR's 10 Must Reads on Managing Yourself Updated and Expanded (featuring "How Will You Measure Your Life?" by Clayton M Christensen) - cover

    HBR's 10 Must Reads on Managing...

    Amy Jen Sue, Clayton M....

    • 0
    • 0
    • 0
    Take charge of your own success. 
     
    If you read (or listen to) nothing else on managing yourself, listen to this book. We've chosen a new selection of current and classic Harvard Business Review articles that will help you understand your strengths, clarify your personal goals and direction, and build a career you're proud of. 
     
    This book will inspire you to manage your time, energy, and stress effectively; use a growth mindset to expand your network; define, develop, and communicate your personal brand; build your skills and keep learning; navigate conflict with confidence; and align your professional goals with your personal values. 
     
    HBR's 10 Must Reads are definitive collections of classic ideas, practical advice, and essential thinking from the pages of Harvard Business Review. Exploring topics like disruptive innovation, emotional intelligence, and new technology in our ever-evolving world, these books empower any leader to make bold decisions and inspire others. 
     
    This updated and expanded edition features new, breakthrough articles, additional short-form pieces, and a detailed discussion guide to give you and your team the tools you need for sustained success.
    Show book
  • Understanding Clickbank - cover

    Understanding Clickbank

    Natalia Valencia

    • 0
    • 0
    • 0
    Understanding Clickbank: The Essential Guide on Clickbank Marketing. Discover Useful Tips and Important Strategies On Making Money Through Clickbank MarketingClickbank is a site that has enabled thousands of people to launch online marketing careers, many of whom had no previous online marketing experience. Indeed, many people who have started successful internet marketing businesses had no previous marketing experience whatsoever, online or in the real bricks-and-mortar business world. Clickbank.com was first launched back in 1999, and from that day to this, it has developed into the largest repository of digital information products on the net, with over 10,000 products registered at any one time. Clickback is an excellent electronic network that is truly accessible and easy to use for all internet and affiliate marketers out there. The first and perhaps most important thing to say about the idea of making a huge Clickbank profit is that it is eminently possible to do so as long as you have a system or process set up to maximize the profitability of your business from the beginning.This audiobook will guide you to Clickbank marketing success. Discover how Clickbank can make a huge difference in your online profits.  Here are some of the topics that you will uncover in this audiobook: What is Clickbank? Why Clickbank? Signing Up for a Clickbank Account, Using Your Hoplink, Payment Reliability, Profitability as a Merchant, Profitability as an Affiliate, and many many more!There is nothing particularly difficult or complex about setting up your business for long-term success as a Clickbank affiliate. With the information in this guide, you have everything you need to step out on the road to Understanding Clickbank and be successful, starting today.
    Show book