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Michael Beraka
Michael Beraka

31 Followers

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Published in

Fortune For Future

·Aug 20, 2021

How to Ensure Your Startup Fails

The Surest Guarantee You’re Launching a Startup for the Wrong Reason — The famous business guru Seth Godin once observed that many startup founders languish in indefinite postponement of that fatal moment, when they must say to their customers: pay me money. They’re planning, plotting, researching, marketing, simulating business, rather than transacting it. …

Startup

4 min read

How to Ensure Your Startup Fails
How to Ensure Your Startup Fails
Startup

4 min read


Jul 7, 2021

Life Is Suffering: A Real or Fake Buddhist Trope?

Addressing the Most Common Half-Truth Circulated about the Buddha’s Ministry Buddhism = Pessimism? If you ask the average person to name one thing they know about Buddhism, one of the two or three things they are likely to choose among is “Life is suffering. Buddhism is high-class pessimism.” This sort of oversimplification that…

Buddhism

4 min read

Life Is Suffering: A Real or Fake Buddhist Trope?
Life Is Suffering: A Real or Fake Buddhist Trope?
Buddhism

4 min read


Published in

Fortune For Future

·Jun 19, 2021

Why Warren Buffett Hopes His Stocks Go Down

Investing in Economics vs Investing in Markets — Some years ago, Warren Buffett said in an interview that he hopes the stocks he owns go down, so that he can buy more. My initial reaction was surely this time he is just being provocative. But actually what he said makes perfect sense. There are two fundamentally divorced aspects…

Stock Market

4 min read

Why Warren Buffett Hopes His Stocks Go Down
Why Warren Buffett Hopes His Stocks Go Down
Stock Market

4 min read


Mar 5, 2021

Earnings vs. Cashflows: Understanding Profitability

How a company (or person) logs income can be as important as the amount of income itself There is a curiosity about standard accounting practice that perfectly reflects a standard practice about life. This is that systems are assessed with the assumption that they will go on forever. This is…

Finance

4 min read

Earnings vs. Cashflows: Understanding Profitability
Earnings vs. Cashflows: Understanding Profitability
Finance

4 min read


Mar 3, 2021

The Value of Financial Products

Why Not To Buy Stocks Like Shoes — In economic terms, the reason the stock market differs from the racetrack is that the amount of value the entities underlying it (e.g. stocks) stand to deliver is not fixed. As long as a business continues to operate, it will continue to create wealth. Of course, this is expected and…

Stock Market

5 min read

The Value of Financial Products
The Value of Financial Products
Stock Market

5 min read


Mar 3, 2021

The Most Important Buddhist Concept You’ve Never Heard Of

The ‘Dharma Wheel’ and the Importance of ‘The Time’ — Buddhism is a methodology, like ‘medicine’, not a prescription, like penicillin, much less a dogma, like “always administer penicillin when a bacterial infection is detected”. The consequence of this is that the right thing at the wrong time or the wrong place is the wrong thing. This concept is extremely…

Buddhism

5 min read

Buddhist Philosophy Basics
Buddhist Philosophy Basics
Buddhism

5 min read


Mar 2, 2021

Investing vs. Gambling: What’s the Difference?

Clearing up Substance and Semantics — The distinction of investing from gambling, or what exactly it is that distinguishes market participants from horse betters, is frequently confused in both political/ethical and purely economic terms. Investing is different from gambling because it is not zero-sum; wealth can actually be created or destroyed (there is a lot more…

Stock Market

4 min read

Investing vs. Gambling: What’s the Difference?
Investing vs. Gambling: What’s the Difference?
Stock Market

4 min read


Mar 1, 2021

How Not to Lose Money: The Single Most Important Investing Principle

If Hippocrates was a Money Man instead of a Medicine Man “Rule #1: Don’t lose money. Rule #2: Remember rule #1.” — Christopher Browne, Parter at the legendary Tweedy, Browne fund There are only a handful of paramount investing principles, beyond which virtually everything else is commentary or a fine…

Investing

3 min read

The Single Most Important Investing Principle
The Single Most Important Investing Principle
Investing

3 min read


Feb 28, 2021

The Biggest Misconception about Financial Liquidity

Everything Becomes Liquid if the Price is Low Enough — There are a number of nominally simple financial concepts which are the source of endless confusion, sometimes positively nourished by the community of financial advisors and commentators, and perhaps none so egregious as ‘liquidity’. The concept of liquidity is simple enough to understand: the invention of “capital” around the dawn…

Stock Market

7 min read

The Biggest Misconception about Financial Liquidity
The Biggest Misconception about Financial Liquidity
Stock Market

7 min read

Michael Beraka

Michael Beraka

31 Followers

Michael is a writer, teacher, and consultant in Brooklyn, New York.

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