My company often takes on complex audits that require a deep technical understanding of our product. Responses can involve hundreds of pages of documents, and audit outcomes are instrumental to our ability to attract large customers. Last year, I hired a new head of security to lead the process. Initially, I was worried that he wouldn’t be able to keep up with these intense technical audits, and because of my fears, I continued shouldering the bulk of the responsibilities. This took up a significant amount of time and prevented me from focusing on scaling the team. … [Read more...] about I’m a startup founder, and this is why I believe the best leaders are ‘lazy’
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Given the negative correlation between gold and equities, retail investors should maintain gold exposure of at least 5-10 per cent in their investment portfolio. Hence, those without adequate gold exposure should consider starting investments in gold, preferably through gold funds, in a staggered manner. If gold prices witness a steep correction in the future, investors can implement their asset allocation strategy to make lump-sum investments in gold. This will average their investment cost and also set their asset-mix right. … [Read more...] about What’s the best way to invest in gold now?
All fixed deposit holders must consider modifying their existing operating instructions to ‘Anyone of the Joint holders.’ This means, whether it is premature withdrawal or on maturity, any of the Joint holder can sign and discharge the certificate. This also enables them to pledge the FD Certificate and raise funds to meet emergencies. … [Read more...] about The best mode of operating an FD account that factors in emergency withdrawals
“It boils down to individuals–for both good and bad [experiences],” Geismar says. He recalls one advocate in particular, Jack Masey, who worked closely with Geismar & Chermayeff on an 1960s exhibition for the United States Information Agency, and then on the visual identity for the American Revolution Bicentennial. He only learned later that Masey had protected them from some of the politics. “We learned later that there were huge issues [about the exhibition] brought up by congressmen asking, ‘Why did you do this?’ or ‘How could you put this in?’ We never heard about it during the process. You need a good insulator, especially in a governmental project when politics start becoming predominant and it starts to be very difficult to make it work.” … [Read more...] about Nixon, NASA, And How The Federal Government Got Design
Cognitive biases often lead to committing mistakes, jeopardising your goals in the process. These biases are a result of your inherent beliefs and thoughts that provide you with a false sense of comfort. Confirmation bias, herd mentality bias, and recency bias are some of the common biases affecting investors, across age groups. … [Read more...] about Roadblocks to financial independence and ways to overcome them