Latest news with #GoodtoGreat
Yahoo
21-05-2025
- Business
- Yahoo
Vanguard Releases New Book on Forces Shaping the Future Global Economy
Coming Into View: How AI and Other Megatrends Will Shape Your Investments VALLEY FORGE, Pa., May 21, 2025 /PRNewswire/ -- Vanguard today announced the release of a new book, Coming into View, that introduces a groundbreaking, quantitative method in assessing the impact of megatrends on the global economy. The book offers bold new perspectives on the effects of AI, deficits, and demographic shifts for investors, financial advisors, and business leaders. Author Joseph H. Davis, Ph D., Vanguard's Global Chief Economist and Global Head of Vanguard's Investment Strategy Group, also delves into strategies for optimizing portfolios to navigate these economic and market scenarios. "Coming Into View challenges the conventional belief of the U.S. economy held by economists, government, leading institutions and central banks," said Davis, Global Chief Economist and Global Head of Investment Strategy Group. "Whether the effects of artificial intelligence on productivity prevail, or fiscal deficits continue to dominate, there is an 80 percent likelihood our economic and financial future looks fundamentally different going forward." Coming Into View Based on decades of research from the Vanguard Investment Strategy Group, Coming Into View illustrates how the potential of artificial intelligence and technological progress could counteract the significant challenges posed by declining population growth, increasing geopolitical and trade tensions, and mounting national debt, ultimately reshaping the economy in ways that traditional thinking often fail to capture. "The U.S. economy's coming decade will be shaped by a tug-of-war between artificial intelligence (AI) and demographics-driven deficits," said Mr. Davis. "The victor—and its margin of victory—will determine the future for growth, inflation, interest rates, and the stock market." The book offers actionable insights for investors to help them make sense of the broad social and economic megatrends: Effective strategies for investors attempting to prepare for the most likely economic possibilities. New data and models to better quantify the impact of economic forces and uncover the risks of relying on consensus assumptions. Techniques to avoid common investment mistakes in times of economic change, such as doubling down on technology stocks, or avoiding certain types of investments. Guiding investing principles to help achieve greater financial returns, on a risk-adjusted basis. Coming into View is available for purchase online at all major retailers and will hit shelves May 28. The book comes on the heels of Vanguard's recent 50th anniversary. More information on Vanguard research and analysis on megatrends can be found here. Endorsements from Industry Leaders Jim Collins, author of Good to Great and co-author of Built to Last:"I enthusiastically welcome the arrival of Joseph Davis' marvelously insightful book. He extends the timeless wisdom of Jack Bogle into our new world that's being reshaped by AI and other transformative forces. We must adjust our investment thinking, yet we must also adhere to timeless fundamentals. Coming Into View delivers brilliantly on both, making it the back to the future investment book of our time." Azeem Azhar, Founder, Exponential View:"Joseph Davis masterfully reveals how the tug-of-war between AI and innovation and fiscal deficits will reshape our economic future. Drawing on centuries of data, Davis offers a nuanced view providing investors with scenarios that illuminate both risks and opportunities. This is essential reading for anyone seeking to understand – and profit from—the profound economic transformation already underway." Burton G. Malkiel, author of A Random Walk Down Wall Street:"In this engagingly written investment guide, Joseph Davis reminds us that while the status quo is unlikely to continue, no one can accurately predict the future. But current valuations and basic forces such as demography and technology suggest possible future scenarios on which investors can assign probabilities and align their portfolios for success whatever the future holds. Following the Davis advice can make all of us better investors." About Vanguard Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe - directly, through workplace plans, and through financial intermediaries. Vanguard operates under a unique, investor-owned structure where Vanguard fund shareholders own the funds, which in turn own Vanguard. As such, Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success. For more information, visit All investing is subject to risk, including the possible loss of the money you invest. Be aware that fluctuations in the financial markets and other factors may cause declines in the value of your account. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Diversification does not ensure a profit or protect against a loss. Investments in bonds are subject to interest rate, credit, and inflation risk. Investments in stocks or bonds issued by non-U.S. companies are subject to risks including country/regional risk and currency risk. These risks are especially high in emerging markets. © 2025 The Vanguard Group, Inc. All rights reserved. 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Malaysian Reserve
30-04-2025
- Business
- Malaysian Reserve
450 Global CEOs Build Enduring Greatness at CEO Coaching International's Record-Breaking 2025 Make BIG Happen Summit
Jim Collins Headlines Weekend of Growth, Purpose, and Unstoppable Momentum with $200,000+ Raised for Charity:Water in Under 60 Seconds MIAMI BEACH, Fla., April 30, 2025 /PRNewswire/ — More than 450 powerhouse CEOs, entrepreneurs, and leaders from 18 countries gathered in Miami Beach this past weekend for CEO Coaching International's 2025 Make BIG Happen Summit. More than an event, the Summit was a movement for leaders committed to elevating their businesses, their teams, and themselves. The Summit achieved a record-breaking 9.2 out of 10 satisfaction rating, a $200,000 surge of generosity for Charity:Water in less than a minute, and a flood of momentum that attendees are already turning into massive results. As Marty Metro, Founder and CEO of UCB Environmental, shared, 'After 30 years of attending conferences, I can say this was the best content and best-run event.' 'It exceeded my expectations,' said John Durden, CEO of Red One Corporation. 'I am walking away with actual items that will help me and my company grow.' A Masterclass in Enduring Greatness: Insights from Jim Collins At the heart of the Summit was an electrifying session with Jim Collins, the renowned author of Good to Great. Collins delivered a masterclass on building companies that endure beyond any market cycle. Not through luck, but through a relentless accumulation of momentum over time. 'Every component of your flywheel must operate at a level of excellence,' Collins told attendees. 'If one piece falters, momentum stalls. Strengthen each link, and you create an unstoppable force.' Collins emphasized that true greatness comes not from one-time events but from disciplined execution across every part of the organization, compounding success over years and decades. 'Never underestimate how far a great flywheel can go,' Collins concluded. 'When you think you have made it, it is only a nice start.' His session resonated deeply with attendees, earning an average 9.7 out of 10 rating, the highest score of the entire Summit. A Customized Playbook for Maximum CEO Impact This year's fully customizable agenda allowed each leader to tailor their experience based on where they are on their journey. Day One united all attendees in a full-day Make BIG Happen (MBH) program, featuring: Jim Collins, world-renowned expert on sustainable business growth and bestselling author of Good to Great Deepak Malhotra, Harvard Business School professor and top global expert on negotiation and dealmaking Boris Groysberg, Harvard Business School professor specializing in leadership, talent, and organizational culture On Day Two, leaders could select between: Option A: AI-Driven Annual Planning Workshop, designed to translate 2025 visions into immediately actionable plans Option B: Deep-Dive Sessions, focused on AI innovation, business valuation, explosive growth strategies, or health and longevity 'You will not get this level of education anywhere else,' said Damian Lang, CEO of Watertown Enterprises. 'The speakers are real, experienced, and bring actionable insights.' A Powerful Community: Where Top CEOs Support Each Other Approximately 46% of attendees were first-timers, while 54% returned to reconnect, deepen relationships, and build on past momentum. Across every interaction, friendships, partnerships, and industry alliances were forged. 'It felt like finding my people,' said one attendee. 'It is rare to be surrounded by so many leaders who genuinely want you to win,' shared another. 'The women's breakfast was my favorite part of the Summit,' said Sara Pizarro, VP of Operations at Y Scouts. 'It was inspiring to be around powerful women and to build real friendships.' A Defining Moment of Purpose: $200,000 Raised for Charity:Water The Summit's most moving moment came during Scott Harrison's session on founding Charity:Water. In a spontaneous surge of generosity, attendees pledged to fund 20 water wells, raising over $200,000 in under a minute. 'The Charity:Water session was amazing,' said a participant. 'The instant generosity showed what happens when leaders rally around something bigger than themselves.' Extending the Momentum: Launch of Make BIG Happen Business Forums The Summit also marked the launch of Make BIG Happen Business Forums, exclusive peer groups led by world-class coaches. Over 150 executives enrolled within the first 48 hours, determined to carry the Summit's momentum into every quarter of 2025 and beyond. Thank You to Our Strategic Partners CEO Coaching International extends its sincere thanks to the Diamond Strategic Partners who made the 2025 Summit possible: Carson Wealth, HireBetter, Ironside Group, MyOutDesk, Preferred CFO, Premier M&A Advisors, STS Capital Partners, UBS, Waterstone Human Capital, and Wild Health. If you missed the learning opportunities, connections, and momentum at Summit 2025, it's not too late to join the movement. Visit: About CEO Coaching International CEO Coaching International works with CEOs and their leadership teams to achieve extraordinary results quarter after quarter, year after year. Known globally for its success in coaching growth-focused entrepreneurs to meaningful exits, the firm has coached more than 1,500+ CEOs and entrepreneurs across 100+ industries and 60 countries. Its coaches—former CEOs, presidents, and executives—have led businesses ranging from startups to over $10 billion, driving double-digit sales and profit growth, many culminating in eight, nine, or ten-figure exits. Companies that have worked with CEO Coaching International for two years or more have achieved an average revenue CAGR of 25.9%, nearly 3X the U.S. average, and an average EBITDA CAGR of 39.2%, more than 4X the national benchmark. Discover how coaching can transform your leadership journey at
Yahoo
30-04-2025
- Business
- Yahoo
450 Global CEOs Build Enduring Greatness at CEO Coaching International's Record-Breaking 2025 Make BIG Happen Summit
Jim Collins Headlines Weekend of Growth, Purpose, and Unstoppable Momentum with $200,000+ Raised for Charity:Water in Under 60 Seconds MIAMI BEACH, Fla., April 30, 2025 /PRNewswire/ -- More than 450 powerhouse CEOs, entrepreneurs, and leaders from 18 countries gathered in Miami Beach this past weekend for CEO Coaching International's 2025 Make BIG Happen Summit. More than an event, the Summit was a movement for leaders committed to elevating their businesses, their teams, and themselves. The Summit achieved a record-breaking 9.2 out of 10 satisfaction rating, a $200,000 surge of generosity for Charity:Water in less than a minute, and a flood of momentum that attendees are already turning into massive results. As Marty Metro, Founder and CEO of UCB Environmental, shared, "After 30 years of attending conferences, I can say this was the best content and best-run event." "It exceeded my expectations," said John Durden, CEO of Red One Corporation. "I am walking away with actual items that will help me and my company grow." A Masterclass in Enduring Greatness: Insights from Jim Collins At the heart of the Summit was an electrifying session with Jim Collins, the renowned author of Good to Great. Collins delivered a masterclass on building companies that endure beyond any market cycle. Not through luck, but through a relentless accumulation of momentum over time. "Every component of your flywheel must operate at a level of excellence," Collins told attendees. "If one piece falters, momentum stalls. Strengthen each link, and you create an unstoppable force." Collins emphasized that true greatness comes not from one-time events but from disciplined execution across every part of the organization, compounding success over years and decades. "Never underestimate how far a great flywheel can go," Collins concluded. "When you think you have made it, it is only a nice start." His session resonated deeply with attendees, earning an average 9.7 out of 10 rating, the highest score of the entire Summit. A Customized Playbook for Maximum CEO Impact This year's fully customizable agenda allowed each leader to tailor their experience based on where they are on their journey. Day One united all attendees in a full-day Make BIG Happen (MBH) program, featuring: Jim Collins, world-renowned expert on sustainable business growth and bestselling author of Good to Great Deepak Malhotra, Harvard Business School professor and top global expert on negotiation and dealmaking Boris Groysberg, Harvard Business School professor specializing in leadership, talent, and organizational culture On Day Two, leaders could select between: Option A: AI-Driven Annual Planning Workshop, designed to translate 2025 visions into immediately actionable plans Option B: Deep-Dive Sessions, focused on AI innovation, business valuation, explosive growth strategies, or health and longevity "You will not get this level of education anywhere else," said Damian Lang, CEO of Watertown Enterprises. "The speakers are real, experienced, and bring actionable insights." A Powerful Community: Where Top CEOs Support Each Other Approximately 46% of attendees were first-timers, while 54% returned to reconnect, deepen relationships, and build on past momentum. Across every interaction, friendships, partnerships, and industry alliances were forged. "It felt like finding my people," said one attendee. "It is rare to be surrounded by so many leaders who genuinely want you to win," shared another. "The women's breakfast was my favorite part of the Summit," said Sara Pizarro, VP of Operations at Y Scouts. "It was inspiring to be around powerful women and to build real friendships." A Defining Moment of Purpose: $200,000 Raised for Charity:Water The Summit's most moving moment came during Scott Harrison's session on founding Charity:Water. In a spontaneous surge of generosity, attendees pledged to fund 20 water wells, raising over $200,000 in under a minute. "The Charity:Water session was amazing," said a participant. "The instant generosity showed what happens when leaders rally around something bigger than themselves." Extending the Momentum: Launch of Make BIG Happen Business Forums The Summit also marked the launch of Make BIG Happen Business Forums, exclusive peer groups led by world-class coaches. Over 150 executives enrolled within the first 48 hours, determined to carry the Summit's momentum into every quarter of 2025 and beyond. Thank You to Our Strategic Partners CEO Coaching International extends its sincere thanks to the Diamond Strategic Partners who made the 2025 Summit possible: Carson Wealth, HireBetter, Ironside Group, MyOutDesk, Preferred CFO, Premier M&A Advisors, STS Capital Partners, UBS, Waterstone Human Capital, and Wild Health. If you missed the learning opportunities, connections, and momentum at Summit 2025, it's not too late to join the movement. Visit: About CEO Coaching International CEO Coaching International works with CEOs and their leadership teams to achieve extraordinary results quarter after quarter, year after year. Known globally for its success in coaching growth-focused entrepreneurs to meaningful exits, the firm has coached more than 1,500+ CEOs and entrepreneurs across 100+ industries and 60 countries. Its coaches—former CEOs, presidents, and executives—have led businesses ranging from startups to over $10 billion, driving double-digit sales and profit growth, many culminating in eight, nine, or ten-figure exits. Companies that have worked with CEO Coaching International for two years or more have achieved an average revenue CAGR of 25.9%, nearly 3X the U.S. average, and an average EBITDA CAGR of 39.2%, more than 4X the national benchmark. Discover how coaching can transform your leadership journey at View original content to download multimedia: SOURCE CEO Coaching International Sign in to access your portfolio
Business Times
21-04-2025
- Business
- Business Times
Stay invested for the long run? Think again
MARKETS have been extremely volatile due to escalating trade wars – not only between the US and China, but also with more than 60 countries including US traditional allies such as the EU and Japan. In early April, the S&P 500 dropped more than 10 per cent in just two days. This is not just another correction. It is a geopolitical and economic event we have not seen since the 1930s. Back then, the US introduced the Smoot-Hawley Tariff Act, triggering a collapse in global trade, and markets plummeted. Today, US tariffs have jumped from an average of 3 per cent to more than 20 per cent with far-reaching consequences. No one knows how long this will last, but because this is unlike anything we have faced in recent decades, we need to respond with wisdom and not blind optimism. Investment response One of my favourite stories from Jim Collins' Good to Great is about Admiral James Stockdale, who survived more than seven years of brutal captivity during the Vietnam War. He endured solitary confinement, torture and hopeless conditions. But what kept him going was a powerful belief. He wrote: 'I never lost faith in the end of the story. I never doubted not only that I would get out, but also that I would prevail in the end and turn the experience into the defining event of my life which, in retrospect, I would not trade.' When Collins asked who did not survive, Stockdale replied: 'Oh, that's easy. The optimists. They were the ones who said, 'We're going to be out by Christmas.' And Christmas would come, and Christmas would go. Then they'd say, 'We're going to be out by Easter.' And Easter would come, and Easter would go. And then Thanksgiving, and then it would be Christmas again. And they died of a broken heart.' Stockdale went on to write: 'This is a very important lesson. You must never confuse faith that you will prevail in the end – which you can never afford to lose – with the discipline to confront the most brutal facts of your current reality, whatever they might be.' BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Over the past few weeks, many have come out to urge investors to stay the course, to 'buy the dips' and to trust that markets always rise in the long run. While those reassurances come from a good place, I fear they may be insufficient. After all, the S&P 500 took 15 years to recover after the crash of the 1930s. I am not saying history will repeat itself – and I hope it will not – but if I am going to encourage you to stay invested, I must also prepare you for the possibility of prolonged uncertainty. Otherwise, I risk turning you into an 'optimist' who ends up disillusioned, bails out halfway and crystallises your losses. Financial planning response If you had invested in the S&P Composite Index (S&P 500 index was introduced in 1957) at the start of 1928 and held for 15 years through the Great Depression, your annualised return would have been just 2 per cent a year – positive, but hardly sufficient for long-term goals. That is why as a firm, we do not rely on the S&P 500 alone. We diversify globally, and constantly reassess the long-term expected returns of what we invest in. If those returns are expected to be lower in future, we need to adjust our clients' wealth plans. Staying invested is important – but only when you know what those investments are likely to deliver. Otherwise, you may preserve capital, but not fulfil your life goals. If you are approaching retirement in the next year or two, it is time to reassess. After a strong decade of returns, your portfolio may already be enough. If so, consider securing the funds you will need for the first five years of retirement now. The blanket advice to 'stay invested' does not apply to everyone. I recall a client during the 2008 global financial crisis who, despite being financially secure, insisted on divesting his portfolio. He could not sleep or eat due to market stress, and it was affecting his health. So we liquidated his holdings. What is the point of staying invested if your well-being is deteriorating? Asking someone to 'hold on' without understanding their situation is like telling someone with a heart condition to keep running despite breathlessness. It is irresponsible. Life response To let this crisis pass without a life response would be a wasted opportunity. During the global financial crisis, I had front-row seats to see how the relentless pursuit of returns stripped many of their peace. Some lost everything they had built; a few even lost their lives. In 2010, in the aftermath of that crisis, I began to declutter my own life. I reflected deeply and gained clarity on my non-negotiable life goals. I moved back to public housing, kept only a small car for family use, and took public transport to work. I redirected my resources to support what truly mattered. Living simply and spending below my means gave me peace. It freed me to make life and business decisions without being held hostage by money. I may be in a rocking boat in the middle of a storm, but I have rest. If you are feeling overwhelmed today, worried about job security, falling investments or growing debt, this crisis might be your invitation to reset. Clarify what really matters. Stop buying things you do not need, with money you do not have, to impress people you do not even know or care about. In investing, do not chase after best returns; rather, use an approach that gives you the highest probability of success. Peace is not found in more – it is found in enough. So, while 'stay invested' may be popular advice which we give to our clients too – only after understanding their financial situation and life stage – it is not one-size-fits-all advice. Before following it blindly, pause and think again. Do not make investment or financial decisions in isolation. Life decisions must come first. Crises like this are opportunities to realign. Do not waste it because you will never know when the next one will come; when it does, the choices you make now may allow you to sleep soundly, even in a rocking boat. When we get out of this crisis, I hope you too can echo what Stockdale wrote: 'I never doubted not only that I would get out, but also that I would prevail in the end and turn the experience into the defining event of my life, which, in retrospect, I would not trade.' The writer is chief executive officer, Providend, South-east Asia's first fee-only comprehensive wealth advisory firm
