In the past 10 years, the acceleration of the process of widening wealth gaps in the western world has morphed from an just being an economic problem and it is now also a social one.
When I was just starting out, I called dozens of companies every single month, researching private opportunities to position in with the limited funds I had at my disposal.
My only real fear in life is of racing in circles without knowing it, which is a great motivator for me to always extend what I think is possible. I walk towards challenges because that is where growth is assured to occur.
Each one of us lives an incredibly rich internal existence. We all talk to ourselves from the moment we are born until the moment we pass on. As I walked the streets of Seattle this past week, and every time I spend time in big cities’ downtown area, honestly, I think about how big our world is and how billions of Asians are sleeping when we’re awake, and vice versa.
I don’t like the level of risk tolerance investors have at the moment – it looks to me like the rich have determined that the governments and central banks of the world will not allow stocks to fall dramatically, so they’re using leverage without proper consideration of the risks involved.