This week’s highlights: Cultural Divides and Conferences
Issue 464
Happy Friday!
Original Content this week:
- FCS – Making the Implicit, Explicit. Families that thrive are places where the family moves from implicit models of operation to explicit models of behavior.
Best,
David
Food for Tood for Thought
- Trinity Forum – Healing a Divided Culture – I had the pleasure of attending this event with Arthur Brooks earlier this week. His talk lasts about 45 min and is well worth your time.
- RH – 29 Lessons From Owning a Bookstore
- GQ – Nicolas Cage Can Explain It All. He is one of our great actors. Also one of our most inscrutable, most eccentric, and most misunderstood. But as Cage makes his case here, every extraordinary thing about his wild work and life actually makes perfect ordinary sense.
- VanityFair – Amazon’s Lord of the Rings Series Rises: Inside The Rings of Power. One show to rule them all—the first look at a billion-dollar saga set thousands of years before J.R.R. Tolkien’s legendary trilogy.
Business and Markets
- Bloomberg – The Business Conference Is Back. Here’s How to Make It Better. 100% Yes to this – “Charismatic presentations still can be important to motivate a sales force or to build the unity of a crowd. But informational presentations are obsolete.”
- Verdad – Drivers of Deep Value: International Evidence. Value is the proverbial “buy low and sell high” strategy, but how does it actually work? There are two sides to every trade, so why would a trader sell a company at a bargain-basement price, only to see another investor reap the reward over time?
- Capital Allocators – Market Implications of the Situation in Ukraine. This conversation covers James’ perspective on the unfolding situation in Ukraine and its implications on markets. We discuss the shift in risk tolerance, friction in the plumbing of the financial system, interaction of energy markets and ESG, inflation and interest rates, reserve currencies and crypto, and his most important takeaways.
My Book:
When Anything is Possible – Wealth and the Art of Strategic Living
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.