From 600+ conversations with the world’s leading thinkers.
It's a matter of finding an approach that works for the individual. A person has to know whether they are comfortable with fundamental or technical, long term or short term, certain types of markets, wider risk or less risk… You can go through a whole checklist of things and find it's different for each individual.
To rephrase John F. Kennedy, we are choosing to go to the Moon, not because it's easy, but because it's a great business!
If you're managing that way in the age of outrage, basically you're saying your organization will be in constant firefighting mode. That's unsustainable. The organization will very quickly wither and die.
When you start- the thing that you start with is almost never the thing that becomes successful. Lo-and-behold, in April 1998, when we finally launched this company – they were right, it didn't work, it was a terrible idea.
One of the things which is a really distinguishing factor about our markets in contrast to the OTC derivative market is that we're completely open, competitive and transparent with a very high degree of participation, a very high turnover, and a high degree of pre and post trade price transparency. That refers back to that old phrase of 'liquidity begets liquidity'.
Remote work has turned the lights on in the room, it's allowing us to see the cracks and cobwebs, and we can never switch that light off again.
Today's workers don't want their own reputation soiled by working for a company that doesn't have a good reputation. They want to feel their work has meaning, and the companies they work for have a purpose.
I once advised my daughter, as I handed her some money, to consult our family's wealth manager. But she corrected me, saying, 'Dad, it's not just about avoiding the negative; I want my investments to contribute positively.' That was an eye-opener for me. The rise of impact investing is undeniable.
True innovation requires vision and the courage to take risks. Incrementalism carries little risk, which is why it's so often the path of companies.
What's remarkable about Israel's economy is that in the last few years we have situations which, in any other country, would have been totally disruptive. The incredible thing is that none of these threats have a measurable impact on our economy!
Remote work has turned the lights on in the room, it's allowing us to see the cracks and cobwebs, and we can never switch that light off again. If your relationships were strong to start with, remote and hybrid work has been shown to intensify those relationships. If you already had fractures and negative relationships, hybrid and remote has been shown to intensify the negativity and make those relationships worse.
We spent a lot of time explaining to our dealers who not to sell the bike to. Their mindset was just 'sell, sell, sell.' But we told them: no, don't sell it to people who don't need it, because they'll never love it.