Classic 08: Jim Collins' book - How The Mighty Fall

<p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><ul><li>03:27&nbsp;- The 5 distinctive stages of decline.</li><li>09:35&nbsp;- Why a successful management should feel lucky rather than successful.</li><li>26:39&nbsp;- Which 3 key ratios can predict if a company will fall.</li><li>31:23&nbsp;&nbsp;- How and why a company can pull itself out of a decline.</li><li>Ask the investors: Can Bitcoin benefit from the increasing pressure on the US Dollar?</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Jim Collins’ book,&nbsp;<a href="https://www.amazon.com/gp/product/0977326411?ie=UTF8&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=e717854655a02414a784d54fb7b7ba00&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">How the Mighty Fall – Read reviews of this book.</a></li><li>Jim Collins’ book,&nbsp;<a href="https://www.amazon.com/gp/product/0066620996?ie=UTF8&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=52e0c34da0b1430b583b82a26d95977d&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">Good to Great – Read reviews of this book.</a></li><li>Preston, Trey &amp; Stig’s tool for picking stock winners and managing our portfolios:&nbsp;<a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank"><strong>TIP Finance Tool</strong></a>.</li><li>New to the show? Check out our&nbsp;<a href="https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/" rel="noopener noreferrer" target="_blank"><strong>We Study Billionaires Starter Packs</strong></a>.</li><li>See the all-new 2022&nbsp;<a href="http://lexus.com/NX" rel="noopener noreferrer" target="_blank"><strong>Lexus NX</strong></a>&nbsp;and discover everything it was designed to do for you. Welcome to the next level.</li><li><a href="https://yieldstreet.com/" rel="noopener noreferrer" target="_blank"><strong>