The Money Slant - Page 3

How Monopolistic Capitalism in Tech Can Use Decentralization to Their Advantage

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Monopolistic Header

*First things first, I am not here to neither reprimand nor endorse monopolistic or competitive capitalism, but rather to use first principles thinking as a systematic approach on how some relentless monopolistic markets use decentralized tactics to inevitably excel past expectations compared to markets in perfect competition. This type of thinking is highly encouraged by Aristotle (philosophical works), Descartes (Cartesian Doubt), and Elon Musk (SpaceX, Tesla, Solar City, The Boring Company).

We’ll analyze the mammoths, Microsoft and Google, and use reasoning to find out which of these companies are going to survive and which will fail due to lacking any type of decentralized organizational structure.

“With first principles, you boil things down to the most fundamental truths … and then reason up from there.”

– Elon Musk

Elon Musk

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Brilliant Blundering Billionaires

Brilliant Blundering Billionaires - Facebook

*Mark Zuckerberg addressing the Y Combinator Startup School at Stanford University: “I want to stress the importance of being young and technical,” he stated, adding that successful start-ups should only employ young people with technical expertise.

(Zuckerberg also apparently missed the class on employment and discrimination law.) “Young people are just smarter,” he said, with a straight face, according to VentureBeat. “Why are most chess masters under 30?” he asked. “I don’t know…Young people just have simpler lives. We may not own a car. We may not have family.” (Margret Kane March 28, 2007 www.cnet.com)

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Pre-employment Predictors of Prejudice

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Ability Matters, not Age

*When you look at job descriptions, many times there are phrases and descriptions of prejudice that, apparently, are not recognized as prejudiced. Diversity is more than ethnicity, race or gender, but I will leave it to you to determine what other factors should be considered. But don’t take my word for it; the U.S. Congress said so in 1967, when the Gen-Xers and Millennials were just a gleam in their parents’ eyes.

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Swearing Off Software with Savoir Faire

Logging Off

I see so many positions that require “software experience” with very detailed specifications that give me pause. It would seem that someone should be getting wealthy teaching all of this software.

I learned a cutting-edge software a few years ago, and my instructor told me that knowing how to use that software would mean an instant hire. After investing a considerable amount of time and money (bought the software) none of the organizations that required knowing the software ever called me.

Ever.

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Could Legal Marijuana Bring You More Money This Year?

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Marijuana

Despite this not necessarily being a stock-related tip, I feel as though I don’t do readers justice if I can’t provide an outside-of-the-box way to make money via passive income through reading my articles. Therefore, I want to dig deeper into the mechanics of how business operates in the medical Marijuana realm.

It is speculated that politicians in over a dozen states are now growing jealous of the Cannabis boom happening across the legalized areas of America. While those pouty politicians spill their guts to their therapists, let us examine a truly underdog story which has nearly been a century long in the making.

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Technology, Digital Analytics, and the new Monopoly

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Digital Media

As time and technology march on, occupations, professions, and major market players adapt or fade away. I can recall as a freshman in college being told that newspapers had already had their heyday decades ago.

News isn’t going away, but paper is being replaced by screens the size of your hand and much, much larger, with speed (but not really depth) that travels around the world in split seconds.

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All You Need is Love…. and Enough Money

Marriage Money

* Post-Nuptial Money Management

The only time money is an issue is when there isn’t enough money. Nowhere in life is this more true than within the confines of a marriage. As Winter melts into Spring and your June wedding draws near, now is a good time to do some planning; before all the planning begins!

Love is many splendored thing, the old song tells us. What it doesn’t give us a clue about, is that it is also a business.

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A New Way To Look At Passive Income

A concept that is likely as old as civilization itself is income – which can be defined simply as one individual’s money earned for a service that has been provided to another individual or entity. But did you know that there are actually two forms of income one can earn?

The way most people understand income to be is known as active income. This is when an individual is trading their time, work or skill to earn a lump sum of money or paycheck. In contrast, passive income is when an individual provides their time and or skill for money only once to create multiple returns on the work/time they’ve used to create the stream – for example, using time or money to create a product, service or investment one time that will yield profits many times over, without any additional work.

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Better Business With Age; America’s Underrepresented Entrepreneurs

Entrepreneurs

We live in a youth-oriented society, as evidenced by the media’s rare profile of older entrepreneurs; Mark Zuckerberg is far more interesting according to the media. Americans aged 35 or older enter the ranks of the entrepreneur far more frequently than the successful youth plastered across prime media outlets, despite the average age of the beginning entrepreneur hovering around the 39 year mark.

The trendy business incubators who attract the media’s stereotypical “entrepreneur” appear to miss the backbone of America’s entrepreneurship – the mid-career professional. The general inability to see the potential of the mid-career professional leaves companies with unrealized potential (translation lost innovation and profit) right in front of them.

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Why Canada’s Real Estate Market Is Becoming Too Big to Fail

Canada Real Estate Market Too Big to Fail

TORONTO — It was all about to come crashing down.

That’s the conclusion one would draw from reading the Canadian business press in the spring of 2017, which, after giddily cheering the housing boom, now heralded an inevitable bust.

A favourite theme: Canadians appeared to have lost their minds over houses the same way their American cousins had ahead of the financial crisis of 2008. Nondescript detached homes in hard-luck Hamilton, Ontario, were selling for $1 million. In Vancouver, prices had climbed 50 per cent in only three years heading into 2016 — great if you happened to own property, not so great if you didn’t. Institutions such as the Bank of Canada had started talking in more detail about the perils of debt. To keep up with those surging house prices, Canadians had mortgaged their futures like never before, prompting the central bank to worry about financial stability.

There was another particularly bad omen. Home Capital, a smallish mortgage lender, had cast a dark shadow over the real estate market. A couple of years earlier, the firm realized that a few dozen brokers it worked with had been filing false mortgage applications. Home Capital insisted the issue was minor, but its executives couldn’t make the problem go away. If you saw The Big Short, you know that rampant fraud was at the heart of the U.S. housing collapse in 2006 and 2007, and alarm bells were sounding.

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