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The Downfall of Credit Suisse & the Epidemic of Long Term "Short-termism!"
Manage episode 358615638 series 2860253
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My hot take on a few things surrounding the downfall of Credit Suisse, a 167 year old Swiss institution along with some demands for accountability, transparency as well as hope and encouragement for all those employees impacted by this nightmare.
I have lived through multiple booms and busts; professionally and personally. One of the best services I performed as a wealth manager was to maintain calm and prevent clients from making hasty, knee-jerk reactions that they would later regret.
Who might like this introspective podcast?
- People outside of Switzerland who want some insight into the shitshow unfolding in Zürich
- People working for the company who need some encouragement and support
- People who want to understand why building holistic wealth and a net worth that is NOT only based upon a bank balance. Understanding the importance of your emotional and physical well-being as well as honing your networking skills.
- People who want to Internalizing the important of having a "financial go-bag" as well as build multiple sources of income.
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