So, you sold your business and now you’re looking for places to invest (not that you are only allowed to invest in real estate if you sell a business, but we’re trying to be thematic!). You dig real estate (see what we did there?). But do you want to own it directly or do you want to invest passively?
Suppose you have an interest in investing in companies that produce products made from CBD but you want to diversify your risk by investing in several. One problem is that many are too small to be public and many private companies don’t want outside investors or require their investors to invest far more than you want to allocate. What to do? Well, if you can find a BDC that invests in CBD then you may be set. Read more in this little ditty (not to be confused with the word “diddy,” which means something else entirely).
Companies that Produce Intangible Things & Companies that Produce Tangible Things Are Different
Duh. It sounds obvious, but it’s an important distinction because intangible industries work differently than tangible industries. Products you can’t touch have a very different set of dynamics in terms of competition and risk and how you value the companies that make them. Read more by Bill Gates.
by Zascha Blanco Abbott. The Equal Pay Act is one of four laws governing compensation. Know the legal framework to prevent wage discrimination and correct poor policies.
Diddy & Ray Dalio
Speaking of diddy, if you’re wondering about the significance of Sean Combs’ alias, Diddy, so were we. Despite extensive investigation by our research team, however, we still don’t know for sure. We do know this: his man, Biggie gave him the name. Sean Combs, by the way, sat for a series of interviews for Forbes a few years ago about how he became a billionaire. You can see one, focused on entrepreneurship, here. But if you want to see something really interesting, check out this mentoring session between Ray Dalio and Sean Combs.