This week’s highlights: Conservatorship, Condos, and Quantum Computers
Some travel this week – so FoF is a bit abbreviated. Have a great weekend!
Original Content this week:
- FCS – Are Already-Wealthy Families Good Entrepreneurs? Does the family’s prior success help or hurt its ability to create new ventures?
Food for Thought
- NewYorker – Britney Spears’s Conservatorship Nightmare
- Economist – American schools teach reading all wrong. Maybe Hooked On Phonics had it right?
- WashPo – Even as college athletes get paid, more hoops prospects skip college altogether
- Guardian – ‘At first I thought, this is crazy’: the real-life plan to use novels to predict the next war
- Slate – Condos Are in Uncharted Territory. Yet another example of a piece of US infrastructure reaching the end of its useful life.
- WSJ – He Convinced the Elite He Invested for Good. Then the Money Vanished. Arif Naqvi attracted billionaires and governments to his funds by promising to make money from investments that would benefit society. Prosecutors allege he committed fraud, stealing from those he wooed.
- WashPo – The Snoo is a $1,500 bassinet — and a touchstone for parental judgment, anxiety and privilege
Culture / Arts/ Tech / Science
- GQ – Scottie Pippen Has Something to Say
- SciTech – Harvard-MIT Quantum Computing Breakthrough – “We Are Entering a Completely New Part of the Quantum World”
- WashPo – People dumped their pets into lakes, officials say. Now football-size goldfish are taking over.
- AS – How Norris and McLaren finally took on F1’s top teams “on merit”. Max Verstappen was rarely troubled in the Austrian Grand Prix as he completed a clean sweep of Formula 1’s two races at the Red Bull Ring. He leaves with his points advantage extended thanks in no small part to the disruption caused to Mercedes by an on-form Lando Norris, in perhaps the most complete McLaren showing since the V8 era.
When Anything is Possible – Wealth and the Art of Strategic Living
I wrote the book because of a problem I saw and experienced personally. As we pursue our dreams and achieve success, financial wealth is often a natural result.
Yet, the first steps we take to manage this wealth are focused on avoiding negative outcomes (unnecessary taxes, estate issues, losses in the stock market), rather than articulating what we actually want to do with our wealth.
The book is about how we shift from focusing on the things we want to avoid, to the things we want to accomplish with our wealth. Doing so requires a person to articulate 3 key items – Wealth Structure, Wealth Identity and ultimately a Wealth Strategy. The book walks through each of these items in great depth, and guides the reader through a process to develop each.
If you are interested in learning more, visit here and download a free chapter.