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So we figured, since everyone in college treats summer jobs as throwaways, we’ll say, start a throwaway startup. And these guys could come and learn how to start a startup while we learn how to be investors on them. And so they would probably be shitty founders, and we would be shitty investors, but no one would blame either, because we each got what we deserved. [laughs] What ended up happening was that we were better investors than we thought, and the founders were better founders than we thought.
Interviews With the Masters
Robert Greene
Derivatives and bonds are contracts, not part ownership of a business; your legal obligations and protections, if any, are lurking in the fine print. Their issuers are not otherwise duty bound to act in your best interests, unlike the senior executives of corporations you own. But Wall Street invents financial contraptions with features that are too complicated for many buyers to evaluate properly. For those who understand them better than others, these inefficiencies are profitable precisely because they dupe the unwary victims. Customers may know that a fund is leveraged but not realize that this feature makes it a wasting asset.
Big Money Thinks Small
Joel Tillinghast
The key to the perfect exhale is slowing down. Many people new to belly breathing tend to inhale a huge amount of air, then end up exhaling too quickly because their body isn’t yet used to this new style of respiration. Exhaling too quickly, though, causes you to expel too much CO2. If you lose too much CO2, your precious O2 can’t get where it needs to go. (This is called overbreathing, and it not only impedes delivery of oxygen to the brain by 30 to 60 percent, it can actually exacerbate feelings of anxiety, anger, or pain.) Keep things slow to take full advantage of the power of your exhale. Breathing through a slightly opened mouth is an easy way to slow things down. Picture yourself blowing on a spoonful of hot soup, and you’ll see what I mean. With belly breathing, you’ll learn to breathe in a way that not only stimulates all those calming lower lung parasympathetic receptors with each inhale but also strikes the ideal ratio of O2 to CO2 on the exhale.
Heart Breath Mind
Leah Lagos
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