This week’s highlights: The Beatles, Talent Wars, and an Anti-library
Happy Hot and Humid Friday!
80 degrees and 88% humidity at 7AM this morning in Nashville…
- Risk Management Lessons From Credit Suisse / Archegos In highly complex systems with multiple levels of oversight as well as conflicting priorities, it is easy for actors in the system to become lackadaisical in their efforts.
Food for Thought
- WashPo – Delta is worse. This time around, Alabama is facing a two-front war. Interesting perspective from a doc at UAB
- VanityFair – The Beatles: Get Back—An Exclusive Deep Dive Into Peter Jackson’s Revelatory New Movie. This fall Disney+ unveils the three-part documentary, which mines long-lost footage for a portrait of the band’s final chapter that’s so unexpected it surprised even Paul McCartney.
- MI – Classical Education: An Attractive School Choice for Parents – Granted I am biased here, as someone who attended a classical school and supports one in Nashville, but this is a thoughtful look at why this type of education works.
- Ringer – The Day the Good Internet Died. For a small slice of time, being online was a thrilling mix of discovery, collaboration, creativity, and chaotic potential. Then Google Reader disappeared.
- Bloomberg – How to Build a Hotel in Antarctica – Credit PM – “Take a can of Coca-Cola: The most efficient means of getting one to Antarctica can raise the sticker price to a whopping $38.62 per unit, as opposed to, say, 71¢ in a New York grocery store.”
- Oaktree – Thinking about Macro
- PCD – The End of Private Equity? “If directors can be held liable for selling a company in a leveraged buyout that leads to bankruptcy, private equity firms could lose their power and influence.”
- WSJ – The Pay Is High and Jobs Are Plentiful, but Few Want to Go Into Sales The work has changed in recent years, but young workers may associate it with high-pressure tactics; ‘talent is limited’
- II – Is the End Near for U.S.- Listed Chinese Companies? Probably, Says Carson Block The short-seller argues that China’s recent crackdown on public companies is a way for the country to get in front of an American law requiring auditors of Chinese companies to open up to U.S. regulators.
- WSJ – Work-From-Anywhere Perks Give Silicon Valley a New Edge in Talent War. Startups in smaller markets feel pinch as coastal tech giants poach their employees; ‘a national competition’ for every hire
Culture / Arts/ Tech / Science
- PS – What Are Your Primary and Secondary Interests? I think makes you value the enthusiasts that you know. It’s really useful having friends that can give expert advice on which camera to buy, which play to see, or which watch to buy.
- NYP – Lady goose ‘breaks into’ clinic to help care for her man after surgery
- GD – What would a tour pro shoot at your course? Bubba Watson helps us find out
- NESS – Building an antilibrary: the power of unread books
- TC – Swimming gives your brain a boost – but scientists don’t know yet why it’s better than other aerobic activities
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.