Front-Running Stocks: How Does It Work?

Front-Running Stocks: How Does It Work?

How does front-running stocks work? Why is the practice of front-running prohibited in the financial market? If you’re front-running stocks, you’re technically manipulating the market into giving you private or insider information. In Flash Boys, Michael Lewis goes into depth on the concept to educate readers on why it’s a dishonorable way of trading stocks. Here’s Lewis’s easy-to-understand breakdown of front-running stocks, including three versions of the practice that high-frequency (HF) firms and investors use.

Startup Salaries: Why You Shouldn’t Overpay Your CEO

Startup Salaries: Why You Shouldn’t Overpay Your CEO

How much should startup employees be paid? What about the CEO? Is it better to reward employees with equity than with high salaries? In Zero to One, Peter Thiel addresses the issue of startup salaries. He explains that the CEO’s pay sets the bar for everyone else, so you must exercise caution. He also shares his advice regarding equity distribution from the outset. Here are some things to consider when setting your employees’ salaries.

3 Steps to Making Commitments & Keeping Them

3 Steps to Making Commitments & Keeping Them

What are you committed to? Do you need help sticking to your commitments? Tony Robbins provides three steps to making commitments in the context of personal finances. However, you can apply these principles to anything. His steps involve focus, whole-heartedness, and serendipity. Keep reading to learn why making commitments plays an important role not only in your finances but in your overall success in life.

Best Travel Blogs, Podcasts, & Vlogs to Follow in 2022

Best Travel Blogs, Podcasts, & Vlogs to Follow in 2022

Do you have a trip coming up and need help planning it? Are you looking to travel vicariously through someone else? Or maybe you just want to hear some crazy travel stories? Traveling, especially internationally, can be very intimidating. Whether you’re still deciding where to go, looking for advice on what tourist traps to avoid, or you’re an armchair traveler who enjoys watching travel vlogs from the comfort of your own home, there are plenty of resources out there for you. In this article, we’ve pulled together the best travel blogs, podcasts, and vlogs to follow in 2022.

3 Arbitrage Examples in High-Frequency Trading

3 Arbitrage Examples in High-Frequency Trading

What is arbitrage? What are some arbitrage examples that are most often used in high-frequency trading (HFT)? According to Michael Lewis, the author of Flash Boys, there are three different forms of arbitrage that firms use if they participate in HFT: slow-market, dark pool, and rebate. These arbitrage examples help investigators understand how HFT works in large corporations. Continue reading for a better understanding of arbitrage with examples to illustrate the concept.

Startup Culture: Lessons From Peter Thiel

Startup Culture: Lessons From Peter Thiel

What should a startup’s culture be like if you want to succeed? How do you build unity? What factors make people feel more connected? At PayPal, Peter Thiel fostered a team that was so close that people called them the “PayPal Mafia.” In Zero to One, Thiel shares his wisdom on how to cultivate a healthy and effective startup culture, drawing from the lessons he learned at PayPal. Keep reading to see how Thiel’s insights can benefit your startup.

Startup Organizational Structure: Your First Decisions

Startup Organizational Structure: Your First Decisions

What is the best organizational structure for a startup? Who should have equity and how much? Who should make the executive decisions? Structure impacts performance, so how you organize your business at the start is critical. Peter Thiel asserts that you must make the right decisions in three areas—equity, direction, and operation—to cultivate organizational alignment and growth. Here’s how to get your startup structure right at the start.

The 4 Traits of a Profitable Technological Monopoly

The 4 Traits of a Profitable Technological Monopoly

What sets up a startup business for long-term profitability? What qualities must it have? Why isn’t having a monopoly enough? In his book Zero to One, entrepreneur Peter Thiel presents creative monopolies as the solution to destructive competition, but he also cautions that creating a technological monopoly does not in and of itself guarantee the success of your startup. Thiel measures the worth of a startup by considering how much profit it has the potential to bring in ten or twenty years down the road. He identifies four traits common to startups that achieve long-term success. Keep reading to learn