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Feelings are completely irrelevant when it comes to investments in the tens to hundreds of millions. Those things are extremely well defined and unserstood, tha
by hef19898 3y ago
Feelings are completely irrelevant when it comes to investments in the tens to hundreds of millions. Those things are extremely well defined and unserstood, that's why people in accounting, finance and business development are crucial and have rather high paying jobs.
The back of napkin maths I do for household level purchases and investments do not scale to those levels. Nor do they to company level finances.
Following those practices are, obviously, no guarantee for success. Not following them on the other hand is a near guarantee for failure.