I’ve spent 20 years in Private Wealth Management working for various financial institutions and managing HNWI’s money to finally find myself being lost in social entrepreneurship.
Since 2014 I run M. Čiuželio labdaros ir paramos fondas and it’s core project Sidabrinė linija - a free of charge befriending and support line, providing information, friendship and advise to the lonely and isolated old age people (www.sidabrinelinija.lt).
I am happy to discuss my past and present experience, knowledge gained and lessons learnt in finance, investments, wealth management, social entrepreneurship as well as off-business (for profit and not for profit) topics I’m passionate about:
Market exuberance on many fronts. Margin debt near peaks, stock prices at all-time highs, and “junk bond yields” near record lows, vaccine rally aggregate larger than March declines, Tesla's P/E ratio (TTM) above 1000. Guess there is a lot you can do with 14 trillion in global liquidity and investors who simply can't afford high cash levels.
A short book written by money manager (and Tesla driver) analysing both long and short sides of the Co and its share price.
Personally I’m a bull for the company and a bear for its stock price. Damn, after reading a book I started thinking to shift from my “next” car BMW i4 to some Tesla model. But let’s leave the decision for tomorrow.
The Cold Mountain Effect
Someone can know too much. They can be too talented. They’ll turn any project into an epic journey through the Himalayas. They don’t get tired of working. They don’t want to see the end. They’re not even perfectionists. They just love their work too much.
Almost nobody’s afraid of failure anymore. We’ve seen enough ads. We’ve read enough articles about it.
Failure is old news.
Success, that’s the scary part. Most of us don’t have the first clue what to do when we achieve something.
Accomplishing goals usually doesn’t bring the euphoria we expect. If it does, the sensation never lasts too long. It leads to more pressure and expectations. After extraordinary success, some people even sink into an abyss of depression. They start abusing drugs and alcohol. They just don’t know what else to do with themselves. They chase the high they thought their enormous success would bring them.