Opportunities

Here’s the best way to create luck, money and opportunities

“Luck is not an event, but a residue of process.” -MJ Demarco

The truth is, there’s really no such thing as “luck.” There is only an opportunity that is seized by the one who is prepared. In his book The Richest Man in Babylon, George Clason wrote: “Opportunity is a haughty goddess who wastes no time with those who are unprepared.”

Low-level thinking attributes success to “luck,” claiming that winners only won because they were in the right place at the right time.

High-level thinking recognizes the other factors in a victory — the effort, the practice, the preparation.

Knowing this, there are actually ways to create more “luck” with money and opportunities. Here’s how.

“It’s a funny thing — the more I practice, the luckier I get.” -Arnold Palmer

Focus On Learning and Creating, Not Entertainment and Distraction

“My experience has shown me that the people who are

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Senior Executives Quit China Wealth Fund Over Pay, Opportunities

(Bloomberg) — China’s sovereign wealth fund is losing senior-level talent at one of the worst possible times.

Three of China Investment Corp.’s top executives have resigned since April, leaving the $941 billion fund without some of its most experienced managers during a period of historic volatility in global markets. The departures add to a steady exodus in recent years that has included at least 17 team heads and managing directors.

Conversations with former and current managers point to shrinking opportunities, sliding compensation competitiveness and rising restrictions, all of which erode CIC’s attractiveness as a government-owned institution trying to operate as a market-based investor. The departures have now become significant enough that they threaten to hurt the fund’s returns, according to Li Jie, head of the foreign reserves research center at Beijing’s Central University of Finance and Economics.

“There’s no doubt that CIC’s appeal to talent in the market has been

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Once without a home, Monique Barley running for county mayor to push opportunities

Monique Nicole Barley, 37, aimed high when she followed the family tradition last year and signed up to run for office.

Fourteen months later, the candidate for Miami-Dade mayor sees no reason for experience to be a selling point in a county with one of the widest prosperity gaps in the nation.

“The candidates we have now, they had their opportunities to show the Black and Brown community what they could be doing,” said Barley, a law firm employee and the daughter of former state Representative Roy Hardemon. “But they don’t do it.”

One of six people on the Aug. 18 ballot, Barley and fellow first-time candidate Ludmilla Domond are the only Black candidates running in the Aug. 18 non-partisan primary to succeed term-limited Carlos Gimenez.

The other four candidates — former mayor Alex Penelas and commissioners Esteban “Steve” Bovo, Daniella Levine Cava and Xavier Suarez — had more than

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Levi’s Outlook for Revenue Growth And Margin Opportunities Appear Intact: Morgan Stanley

Levi Strauss & Co, an American clothing company known worldwide for its Levi’s brand of denim jeans, warned after its net revenue plunged over 60% in the second quarter that the effect of the coronavirus would negatively impact their businesses even in the second half of this year.

Net revenue declined 62% to $497.5 million, largely due to the temporary closure of company-operated, franchise and wholesale customer retail locations as a result of the COVID-19 pandemic, partially offset by the company’s e-commerce business which grew 25% for the quarter, with sequential month-over-month acceleration to nearly 80% growth for May, the company said.

The company recorded a net loss for the quarter of $364 million and an adjusted net loss of $192 million. Gross margin decreased 19.2 percentage points on a reported basis to 34.1%. Adjusted EBIT was a loss of $206 million.

The company also said that it

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