Daniel Ameduri, Part 2 — Why Entrepreneurs Stay Undercapitalized
Finance writer Daniel Ameduri explains why entrepreneurs chronically under-save cash, plus his read on the 2018 cannabis-stock mania as a lesson in reading market tops.
Steve Simonson · with Daniel Ameduri
On-air link:awesomers.com/107
Full session video (AWE0106) · starts at 23:00 · part 2
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Show notes
In part two of a three-part series, Daniel Ameduri, who has spent years covering money trends and wealth-building, talks with Steve about undercapitalization: the habit of reallocating every dollar that comes in instead of holding a cash cushion.
They also get into the cannabis-stock mania of late 2018 as a real-time example of spotting a market top, and the pattern of watching for hype signals before a bubble pops.
Useful for entrepreneurs who keep their checking account thin even when the business is profitable, and for anyone curious how a market-watcher reads a mania while it's happening.