rw-book-cover

Metadata

Highlights

  • What happens now that money isn’t freely available and data teams must operate under constraints and scarcity? (View Highlight)
  • As Keynes said, “the market can stay irrational longer than you can stay solvent.” (View Highlight)
  • Interest rates inversely affect the value of asset prices (stocks, startups, real estate, etc.)2. The higher the rate, the lower the asset price (View Highlight)
  • Money is tight, so labor, cloud, and tooling budgets and resulting ROI will be monitored at a very granular level (View Highlight)
  • If your data team was removed, would the business be negatively impacted? If the answer is no, you need to start looking for a new job since you’re probably not the first to ask this question (View Highlight)
  • To understand the dynamics of asset prices and interest rates, look at how low interest rates affect valuations when you use a standard valuation approach like discounted cash flows. Essentially, low interest rates pull forward the expected value of cash flows from the future to the present. https://en.wikipedia.org/wiki/Discounted_cash_flow (View Highlight)