article thumbnail

5 Leadership Lessons I Learned from A Billionaire Investor: Ray Dalio

Strategy Driven

The name of hedge fund billionaire Raymond Dalio triggers emotions of adoration, admiration, and even dislike. Dalio became popular in the early 1980s when he pointed out that American banks were overloading Latin American countries with debt. That’s the effect success has on people. With a net worth of $18.7 Conclusion.

Hedge 50
article thumbnail

Great Leaders Make Decisions | N2Growth Blog

N2Growth Blog

It was Andy Grove the former Chairman and CEO of Intel and Time Magazine’s 1997 Man of the Year who said “You have to take action; you can’t hesitate or hedge your bets. A close examination of truly great leaders will reveal that, to the one, they all have a strong bias toward action. Why do we crave leadership nowadays?

Blog 373
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What If Socially Useful Jobs Were Taxed Less Than Other Jobs?

Harvard Business Review

Although economists have long focused on policies that promote the acquisition of human capital through education, the efficient allocation of the resulting talent is just as important. What policies can encourage talented workers to choose socially beneficial careers? We consider two different types of tax policies. In the U.S.,

article thumbnail

Why the Fed Is So Wimpy

Harvard Business Review

Bank regulators in particular have been depicted as captives for years, and have even taken to describing themselves as such. Still, there is some context that’s inevitably missing, and as a former banking-regulation reporter for the American Banker , I feel called to fill some of it in.

article thumbnail

Computers Don’t Kill Jobs but Do Increase Inequality

Harvard Business Review

New computer programs, some using artificial intelligence , are taking over tasks for bookkeepers, bank tellers, clerks, and others. For example, jobs for bank tellers have been growing since the deployment of ATMs. But the policy challenge today is about the skills gap. And this pattern is typical overall.

article thumbnail

Greece’s Problem Is More Complicated than Austerity

Harvard Business Review

To be sure, excessive austerity is bad macroeconomic policy. This is where the July 2012 memorandum of understanding between Greece and the Troika (the International Monetary Fund, European Central Bank, and the European Commission) failed miserably; the previous government, much like Syriza, wanted to preserve the status quo.

article thumbnail

The Answer to Short-Termism Isn’t Asking Investors to Be Patient

Harvard Business Review

These arguments have proven highly influential and led to several policy proposals to encourage long-term holdings – so-called “patient capital” France’s Loi Florange doubles investors’ voting rights after two years. Productivity also improves in plants sold by hedge funds. What about innovation?