Strategy Creation

The Ultimate Wheel Strategy Guide is your step-by-step manual for mastering one of the most reliable and beginner-friendly options trading strategies: The Wheel. By combining cash-secured puts and covered calls, this proven approach allows you to generate consistent income while building wealth over time, whether you're just starting out or refining your skills.

In this discussion, Simpson explains the importance of how to use specific goals to enhance strategic clarity.

Ever since strategy gained currency as an organizational concept in the 1960s, there's been confusion about how to define it. Strategy isn't a detailed plan of action. Nor is it a corporate vision or an objective or a mission statement. Strategy is not what to think. It's how to think. Most books on strategy focus on external strategy: competition with rivals in business or overcoming the enemy on the battlefield. This book is different.

The 2020 Presidential Election is undoubtedly, the most important election of the century. Amid an onslought of senseless killings among unarmed African Americans by vigilante civilians and trigger-happy police and a pandemic which unveiled an enormous disparity in health care for African Americans, the country is being led by an incumbent Commander in Chief who appears “unbothered” by it all. In November, America is tasked with choosing its next leader - one who will be charged with salvaging what’s left of its democracy.

Balancing the short term and the long term is a perennial struggle, but new developments put boards squarely at the center of this dilemma and in need of guidance. Much of the $14 trillion of assets that firms like Vanguard, BlackRock, and State Street manage is now held in index funds, creating a huge class of permanent institutional investors. These so-called passive investors (unlike activist investors, passive investors don't have power to exit the fund) own almost 60 percent of the Fortune 500 - and they have found their voice.