Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity

12/06/2024 28 min Episodio 482
 Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity

Listen " Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity"

Episode Synopsis


How a few high-impact successes drive up overall average outcomes in investing, business, and creative projects. How to harness positive skewness using a barbell approach. Learn when to mitigate risks and when to embrace them.Topics covered include:What is positive skewness and how does it manifest in investing, business and creative endeavorsHow power laws and the 80/20 rule workWhy we shouldn't beat ourselves up if we aren't incredibly successfulWhen should we reduce positive skewness and when should we embrace itSponsorsLinkedIn Jobs – Use this link to post your job for free on LinkedIn JobsBetterment - the automated investing and savings appOur Premium ProductsAsset CampMoney for the Rest of Us PlusShow NotesLong-Term Shareholder Returns: Evidence from 64,000 Global Stocks by Hendrik Bessembinder, Te-Feng Chen, Goeun Choi, K.C. John Wei—SSRNLong-Horizon Stock Returns Are Positively Skewed by Adam Farago and Erik Hjalmarsson—SSRNWealth Creation in the U.S. Public Stock Markets 1926 to 2019 by Hendrik Bessembinder—SSRNThe Coffee Can portfolio by Robert G. Kirby—csinvestingActive vs Passive Investing U.S. Barometer Report—Morningstar Table 7. Survival of private sector establishments by opening year—U.S. Bureau of Labor StatisticsHow Many Podcasts Are There? (New 2024 Data) by Josh Howarth—Exploding TopicsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.