This week’s highlights: Vaccines, Segways, and Amazon Department Stores?
Issue 438
Happy Friday!
Hope you have a great weekend!
Original Content:
- Top Movies About Family Business & Inherited Wealth. Stories of family businesses and inherited wealth have often proved to be fruitful ground for Hollywood story telling. We highlight some of the most well-known movies, documentary and TV shows with some degree of tie into the family enterprise world.
Best,
David
Food for Thought
- LA Times – Op-Ed: As a doctor in a COVID unit, I’m running out of compassion for the unvaccinated. Get the shot. “If you believe the pandemic is almost over and you can ride it out, without getting vaccinated, you could not be more wrong. This virus will find you…”
- AOM – Are You Suffering From Soft Suburban Dad Syndrome? 50 Questions for Self-Examination
- WSJ – These People Who Work From Home Have a Secret: They Have Two Jobs
- TED – Why 30 is not the new 20. Contrary to popular belief, your 20s are not a throwaway decade. In this provocative talk, Jay says that just because marriage, work and kids are happening later in life, doesn’t mean you can’t start planning now. She gives 3 pieces of advice for how twentysomethings can re-claim adulthood in the defining decade of their lives.
- Guardian – ‘Please pray for me’: female reporter being hunted by the Taliban tells her story
Business
- WSJ – Amazon Plans to Open Large Retail Locations Akin to Department Stores Online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges
- WashPo – The U.S. could be on the verge of a productivity boom, a game-changer for the economy. Rapid adoption of robots and artificial intelligence during the pandemic combined with a rebound in government investment is making some economists optimistic about a return of a 1990s economy with widespread benefits
- NYT – You’ve Never Heard of the Biggest Digital Media Company in America. Red Ventures has turned very specific advice into very big business.
- II – Here Are the Pitfalls When Allocators Make Direct Deals or Co-Investments
- WJS – Say Goodbye to the 1% Investment-Adviser Fee? Investors who don’t want to pay the traditional 1% of assets for financial advice have an increasing number of alternatives
Culture / Arts/ Tech / Science
- Slate – This is Going to Change the World. The untold story of the Segway…
- SI – Forget Everything About the FedEx Cup and Just Watch These Five Guys Chase $15 million. No one really and truly understands the PGA Tour’s convoluted playoff system, but that’s OK, writes our Dan O’Neill. The golf should be great no matter how we track it.
- Hodinkee – This Lucky Man Buys Thousands of Watches For a Living. Ever wonder how all those pre-owned pieces end up on Crown & Caliber? We talk to the man responsible: Watch buyer Mark Hackman.
- Eater – How America’s Largest Cast Iron Pan Factory Makes Almost Two Million Pans per Month
My Book:
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.