Index funds. ETFs. Earnings calls. As product folks, we have to higher perceive how international commerce and innovation works.
By Jon Matheson for Product Coalition
When was the final time you considered how the financial system works? I imply, as product folks we’re excellent at fascinated about the methods we construct merchandise so clients can discover methods to make their lives higher.
However do you ever actually take into consideration how constructing merchandise occur elsewhere and the way that impacts your entire world?
I not too long ago had an intriguing dialog with my pal Rubin, who’s a enterprise supervisor and an funding fanatic. We talked about a number of issues — product growth, world commerce, the financial system, index funds, and the way all of this ties into sensible investing.
And you recognize, typically these conversations can spark some fairly profound ideas, and this was positively a kind of instances.
He began by telling me about his fascination with factories. On YouTube, he likes to look at movies of individuals working in factories making issues like sneakers, widgets, and different know-how.