Daily Post #1607 • May 03 2022 • Resilience

Good/Bad types of greedy

There’s good greedy and bad greedy.

A good-greedy investor buys when others are selling in fear. This investor knows that when reason yields to emotion, reason is nevertheless the better signal to follow.

A bad-greedy investor won’t derisk ahead of turbulence, despite still maintaining a plentiful upside. We call these people ‘gamblers’.

A good-greedy business expands into new territories with host-beneficiary relationships, development their reach so they can support more people, using complimentary businesses as force-multipliers.

A bad-greedy business assaults new territories with brute force, hoping to ‘dominate the market’ at the expense of potential strategic partnerships that could have taken them so much further as a team.

There’s good greedy and bad greedy.

Know which one you’re being.

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