Keyword Search: Mistake
1 Article
Source: Common Domain

In 2018, Warren Buffett has learned the painful lessons of 2008

Today 08:06 GMT

We have intentionally constructed Berkshire in a manner that will allow it to comfortably withstand economic discontinuities, including such extremes as extended market closures,” he wrote Saturday.

“Berkshire’s gain in net worth during 2017 was $65.3 billion, which increased the per-share book value of both our Class A and Class B stock by 23%,” Buffett wrote. It does, perhaps, provide timely advice during February 2018 when many investors were rattled by the rise and fall in the stock market.

1 Article
Source: Common Domain

Dropbox avoids Snap’s IPO mistakes, but only slightly

Saturday 15:26 GMT

Don’t miss: The government tried to encourage IPOs, but it helped create The Age of the Unicorn. Snap’s IPO was worrisome because of two decisions that the co-founders made: Offering investors no voting rights, and giving a huge stock award to its CEO and fellow co-founder at IPO time.

The Dropbox Inc. initial public offering looks like it will avoid some of the issues that plagued Snap Inc.’s stock market debut, but there are still governance and financial concerns.

1 Article
Source: Common Domain

The Five Biggest Mistakes People Make When Going From Colleague to Boss

Saturday 12:42 GMT

By facing the potential conflicts squarely, new managers can defuse those conflicts, and move ahead in their new role.

If a manager ignores this moment and jumps into the role with no chance to air concerns, these same employees may feel their new boss isn’t still their ally and this can jeopardize the relationship and test loyalty down the road. Acknowledge…this is weird!Open up the lines of communication for them to feel comfortable enough to share how they’re feeling about the transition.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte