Donna (Currently Busy)
Donna (Currently Busy) asked Mehmet Çalışkan:

Have you read Charles Koch, Jim Collins, or Michael Lewis?

Mehmet Çalışkan No, I haven’t had the chance to read these authors yet. I did some research, and I see that each of them approaches business and society from a different angle — Koch from a market-based management perspective, Jim Collins with a focus on leadership and company growth, and Michael Lewis through storytelling about finance and society.

My own perspective on these subjects, as I wrote in Money Doesn’t Change But You Can, is first and foremost about sustaining yourself — whether as an individual or as a company. This can actually be done by internalizing some very basic rules. But some readers find my book too simple, and they are right in a way — because the fundamentals are simple.

So where is the real problem? Why were so many people and companies deeply affected by the global crises of 2008 or the health crisis of 2020? The answer lies in the widespread belief, promoted by popular culture, that doing nothing and somehow predicting the exact timing of a future crisis is possible.

In my opinion, the solution is short and clear: Crises will always happen. You may sense they are coming and know that time is running short, but you can never predict the exact moment. That’s why you must prepare as if it could happen at any time. This is the most fundamental rule of sustainable financial management.

The next subject, of course, is success. Popular culture tends to focus on the personal stories of those who succeed, but in the financial world, success is really about identifying the main trends and the direction they are heading.

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