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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

A probabilistic HR manager will examine the data about where a company’s best people come from and how they perform throughout their career to identify new sources of talent that may have been overlooked. Let’s consider a few examples. Probabilistic risk managers will think about the future of how they work.

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Five Ways to Build Your Wealth: A Guide

Strategy Driven

If your investment horizon is long-term, you can afford to take on more risk considering you’ll have ample time to ride out market fluctuations. Some ways to diversify your portfolio: Invest in stocks of different sectors, markets, and companies. Invest in bonds of various types, credit ratings , and maturities.

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How To Secure Business Financing After Declaring Bankruptcy

Strategy Driven

Having a failed business and declaring bankruptcy in the past presents two major problems; the first is that you have a terrible credit rating, which means that banks and private investors are naturally cautious about lending to you and many people will reject you immediately when they run a credit check on you.

Finance 65
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New Study Predicts Gloomy Economic Times Ahead For Americans

The Horizons Tracker

The researchers were tracked over a 72-month period, and their home equity was measured as the unpaid mortgage versus the market value of their primary residence. Walk away and default on the mortgage, with all of the credit rating implications.

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Even Tirole betrays this bias.

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Even Tirole betrays this bias.