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How to Hire the Best Employees: Principles of Effective Staff Selection
... Inform them that the meeting is for mutual understanding of expectations, not just for testing knowledge.
Don’t sell the position immediately. First, gauge if the person is suitable for the company, and only then share why working with you is a great opportunity.
Ask about achievements, not just work experience. What specific results has the person achieved in their previous position?
3. Hire Slowly, Fire Quickly
One of the most common mistakes is hasty hiring and prolonged termination. Employers ...
Concentration of the US Stock Market Reaches Record High: What Does This Entail?
... Long Term
Despite short-term fluctuations, the market tends to show growth over the long term.
However, it is important not to succumb to hype and to follow a rational investment strategy.
The record concentration of the US stock market creates both opportunities and risks. While tech giants continue to expand, their excessive dominance could lead to systemic issues if market corrections arise. It is vital for investors to develop a diversified approach, stay alert to macroeconomic signals, and consider ...
Six Rules of Warren Buffett
... products and services, the greater the company’s chances of staying afloat and generating profits for its shareholders.
Warren Buffett is undoubtedly a legend, yet he is an adherent of classic investment schemes, and one should not expect immediate opportunities to live off dividends. The primary factor leading to Buffett's success is time. Patience is essential, and results will come. However, if you prefer quick results and aggressive strategies, then this concept may not suit you. Always remember ...
How Genetics Influence Income Levels: Scientific Research and Key Findings
... do not determine an individual's fate. In a society where social mobility functions efficiently, everyone has a chance to achieve financial success. Genetics may play a role in predisposition, but success depends on lifestyle, effort, and available opportunities. It is essential to remember that development, education, and hard work remain the primary tools for achieving financial well-being.
Thanksgiving Day in the USA: history of the holiday, market closure and impact on global investors
... markets on Thanksgiving Day
On Thanksgiving Day, all major financial markets in the United States, including the New York Stock Exchange (NYSE) and NASDAQ, are closed. This is because the holiday is an official day off, giving market participants the opportunity to spend time with family and loved ones. Closing markets on this day is a long-standing tradition, reflecting respect for the country's cultural values and traditions.
Impact on global investors
Closing U.S. markets on Thanksgiving Day has ...