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If you’re like me, in my search to find the right coach, I dream about enlisting someone at the top of their field – the Stedman Graham or Steve Jobs of our profession. Conventional wisdom suggests that if you want to get good at something, you need to learn from the best. But does this always hold true?
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This week I visited with management expert Roger Connors, perhaps most known as the best-selling co-author of The Oz Principle and several other workplace accountability books. Most recently he’s heading up a new organization called Zero to Ten and his newest book, Get a Coach | Be a Coach, will be available soon.
We talked about the unexplored magic in mentoring – or being mentored – with individuals just one or two levels above or below us in a particular realm. It may be
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The idea of buying cheap shares may seem less appealing after the stock market crash. It highlighted the volatility that can be present in the stock market over short time periods. It also showed that paper losses that can be incurred by any investor.
However, over the long run, purchasing undervalued companies could be a profitable move. It’s a strategy that’s been used to great effect by Warren Buffett. The billionaire investor has used market downturns to his advantage over many years.
As such, avoiding popular assets such as Bitcoin and gold to buy bargain stocks may be a sound move, despite heightened short-term risks.
The appeal of cheap shares
Cheap shares can sometimes be priced at low levels because they offer disappointing investment outlooks. For example, they may have high debt levels or a weak strategy that’s in need of major change.
However, in some cases, undervalued stocks can