Learning Effective Communication Skills and Investing Strategies: Invest in communication skills and stay informed for effective communication. Persistently invest in the stock market, even during downturns, to build wealth.
Effective communication skills are essential in business and life, and the Think Fast, Talk Smart podcast can help you hone these skills. Hosted by Stanford lecturer Matt Abraham, the podcast features experts discussing tips on everything from managing speaking anxiety to taking risks in communication. With over 43 million downloads and being the number one career podcast in 95 plus countries, it's worth checking out. Moreover, investing in the stock market, especially during tough times like the first half of 2022, can be challenging. For David Gardner, co-founder of The Motley Fool, it's important to always be investing, even during market downturns. He believes that everyone should be a net saver and adding money to the market consistently. During rough patches, it's natural to question the thesis on certain companies, but Gardner advises looking at it as an opportunity to buy at lower prices. He also emphasizes the importance of staying informed and learning from successful companies like Zoom Video. Overall, whether it's communication skills or investing, staying informed and persistent can lead to success.
Stay Persistent and Focus on Long-Term Growth: Even in uncertain markets, continue investing and saving, emphasizing long-term growth, and acknowledging progress despite short-term setbacks.
No matter the market conditions, it's essential to keep investing and saving, even during stressful times. The use of the phrase "just keep swimming" emphasizes the importance of persistence in the face of adversity. Zoom, a rule-breaking stock that saw dramatic price fluctuations, serves as a reminder of the unpredictability of the stock market and the need to focus on long-term growth. Additionally, investors might be surprised to find that they've made significant gains in recent months despite previous losses, so it's crucial to acknowledge progress and not dwell on past setbacks.
Focus on the business, not just the stock price: Looking at Zoom's growth despite stock drop shows importance of evaluating businesses, not just stocks.
It's essential to focus on the underlying business when evaluating stocks, rather than just looking at their current stock prices. Using Zoom as an example, the stock may have dropped back to its pre-pandemic levels, but the business itself has significantly grown and is now a globally recognized brand name. It's important not to follow conventional wisdom and instead look forward, as the economy is currently stronger than during the Great Recession when buying stocks was challenging. The Motley Fool's approach during that time was to make frequent stock recommendations, which helped maintain a net buyer mindset.
Staying informed and making decisions during market volatility: During market downturns, maintaining a long-term perspective and making informed decisions, even if they don't feel good at the time, can lead to successful investments. Reading business books to better understand companies and trends can also be beneficial.
Even during the most challenging market conditions, it's important for investors to keep a long-term perspective and continue making informed decisions. During the financial crisis in 2008-2009, the speakers were required to provide their best investment recommendations every month, despite the market's volatility. Looking back, some of those picks turned out to be among their best, but it didn't feel good at the time. The speaker emphasized that they were not being particularly courageous, but rather fulfilling their professional obligations. Another topic discussed was the influence of productivity books and ideas on their investing mindset. The speaker mentioned that they don't read many investment-specific books but do read business books to better understand the companies they invest in. One book that stood out to them was "The Inevitable" by Kevin Kelly, which focuses on technology trends and their long-term implications. The speaker recommended the book to anyone interested in understanding the future of business and technology.
Exploring the Future: Technology, Legacy, and the Importance of Reflection: Focus on 12 technological forces for future growth, reflect on personal legacies, and explore space for limitless innovation.
Technology will continue to shape our future in significant ways, and it's essential to keep a forward-thinking mindset. "The Inevitable" by Kevin Kelly identifies 12 technological forces that will influence the next 20 years. By focusing on these advancements, we can look beyond short-term market fluctuations and consider the exciting possibilities ahead. Additionally, it's important to reflect on our personal legacies and prepare for the inevitable end of life. "Let's Talk About Death Over Dinner" by Michael Hebb encourages us to have essential conversations about death and life. Both books, while not directly related to investing, offer valuable perspectives that can influence our actions as investors and entrepreneurs. As for current areas of curiosity, I find myself drawn to the exploration of space and the advancements in technology that allow us to understand the galaxy more deeply. This fascination reminds me of the vast potential for innovation and discovery that lies ahead.
Our expanding knowledge of the universe: From billions of stars in our galaxy to trillions of galaxies, our understanding of the universe has grown exponentially. Embrace infinite possibilities and keep an open mind.
Our understanding of the universe has expanded exponentially over the last few decades, far surpassing the wildest imaginations of just a few generations ago. When we look back at textbooks from the past, we can see how limited our knowledge was regarding the existence of planets beyond our solar system or the number of galaxies in the universe. However, with advancements in technology and scientific discovery, we now know that our Milky Way galaxy contains 100 to 200 billion stars, and we have identified 2 trillion galaxies. This rapid expansion of knowledge serves as a reminder to keep an open mind and embrace infinite possibilities. Additionally, the fascination with space exploration and the potential for new investments and opportunities continues to grow, as evidenced by the recent launch of the James Webb Space Telescope and the increasing interest in space mining and tourism. Furthermore, the concept of conscious capitalism, which focuses on businesses that elevate humanity and outperform the market, is a powerful way to make a positive impact on the world while also achieving financial success.
The Importance of Simplifying Investing: Chris Hill and the guest discussed the importance of making investing accessible and simpler for people, with the guest sharing his experiences and The Motley Fool's ongoing efforts to simplify their services.
Key takeaway from the conversation between Chris Hill and the guest is the importance of making investing accessible and simpler for people, as well as the ongoing effort to continue simplifying The Motley Fool's services. The guest shared his experience of traveling overseas and encountering many people who recognized The Motley Fool brand, and he heard both encouraging feedback about the company's simplification efforts and suggestions for further simplification. As co-chairman of The Motley Fool, the guest acknowledged the importance of making investing accessible to as many people as possible and the ongoing work to simplify the services the company offers.
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Cardano Evolution A Step Closer to Passive Income Crypto Rewards
Disclosure: This is an unpaid review for a project that was deemed worthy of research time, recording and posting for educational purposes. Furthermore, I currently hold a truck load of ADA and I am a Cardano Ambassador.
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DISCLAIMER
Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money.
This video may contain copyrighted material the use of which is not always specifically authorized by the copyright owner. Such material is made available for research or academic purposes. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, this video is distributed without profit, for research and educational purposes.
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91 MINISODE Learn to Love Yourself in Business and Life: Advice from Joie Cheng
Joie Cheng is a healer and coach whose determination to heal herself from depression put her on a course to heal others. Author of the best-selling The Naked Truth: A Woman’s Journey to Self-Love, Joie puts on the Advice WINGS to share her inspiration for 2018 and provides practical tips to manifest inner peace and outer success.
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SOCIAL MEDIA - These are my only accounts, beware of scammers!
TWITTER twitter.com/TheCryptoLark
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TELEGRAM HANDLE @cryptolark
BACKGROUND ART BY Josie Bellini - https://josie.io/
PODCAST - find me on I-tunes "Crypto Waves"
https://podcasts.apple.com/us/podcast...
CONTACT
E-mail thecryptolark@gmail.com with business or event inquiries.
DISCLAIMER
Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money.
This video may contain copyrighted material the use of which is not always specifically authorized by the copyright owner. Such material is made available for research or academic purposes. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, this video is distributed without profit, for research and educational purposes.
Thanks for watching; please like, subscribe, and share if you found this useful!