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Quote by Naved Abdali

“Your portfolio, leveraged or not, must be constructed in such a way that not only will it survive the bad days but thrive in a market meltdown.”

Quote by Naved Abdali

Author

Naved Abdali

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“Managing a portfolio is like managing a garden. You don’t just want different kinds of plants in your garden. You want those different plants to have synergy and to work together harmoniously to maximize productivity. In the same way, when different elements in the portfolio have synergy and work together to help each other maximize individual productivity, their collective yields can then be reinvested to maximize the productivity of the whole portfolio. There’s a compounding effect and a multiplicative value effect that takes place with the permaculture investing approach.”

“This first generation of corporate barons left a lasting, if dubious, legacy: they made America more hierarchical, with new divisions between management and labor, between a professional class and everyday workers. They made the economy more centralized, consolidating power into a few mega-companies and their owners; they made it more globalized, keyed to international capital and trade. They diminished the voice of the ordinary citizen in society and politics in favor of educated, professionalized elites. In short, they gave America an entirely new political economy, what some historians have called corporate liberalism.”

“I proposed limits to tech’s addictive design features and reforms to confront tech’s political censorship. This followed from my efforts as Missouri attorney general to investigate Facebook (and Google) for antitrust and consumer protection violations. I was the first state attorney general in the nation to launch such a probe. Facebook, Inc. was not amused.”