This week’s highlights: Owning Helicopters, Employee Ownership, and Paul Newman
It’s the unofficial opening weekend for Spring with The Masters tournament this weekend in Augusta, GA. The flowers are in bloom and Tiger’s playing, so it feels close to normal – outside of the the 37 degree temps and rain here in Nashville.
Food for Thought
- LifeHacker – Why Kids Don’t Want to Talk About Their Day (and How to Get Them to Open Up Anyway)
- Esquire – Notes from Lviv. For two weeks in March, at an abandoned chemical warehouse in Lviv, we taught civilian volunteers how to defend themselves against the Russian invaders.
- Stat – How a ‘fatally, tragically flawed’ paradigm has derailed the science of obesity
- Inc – What I Learned by Owning a Helicopter
Business and Markets
- NashPo – Tennessee becomes second state to pass DAO legislation
- TVG – More Difficult Than Difficult. “Do you know what is more difficult than a difficult decision?”
- WSJ – Private-Equity Giants Back New Nonprofit Promoting Employee Ownership. Ownership Works, supported by more than 60 banks, pension funds and others, aims to create $20 billion in wealth for lower-level workers over next decade
- NBER – Transferable Skills? Founders as Venture Capitalists. In this paper we explore whether or not the experience as a founder of a venture capital-backed startup influences the performance of founders who become venture capitalists
- Insider – Dennis Lynch’s funds became the ‘crown jewel’ of Morgan Stanley Investment Management. Now, as performance and assets plummet, insiders say cracks in the star team’s culture are starting to show.
Science, Technology, and Culture
- VF – Inside the Frenzied World of Rare Watches and the Rich People Who Love Them. Paul Newman’s $17 million Rolex was just the beginning. Now, celebrities, style icons, dealers, auctioneers, and regular Joes do battle for vintage Patek Philippes, Audemars Piguets, and Richard Milles.
- WSJ – The 8,000-Yard Problem Looming Over the Masters. Modern golf is fueled by power more than ever. Augusta National keeps making its holes longer to keep up. But that may not be a sustainable solution.
- Youtube – The Building of a 911. The creation of a Porsche 911 is no small feat – 1,500 workers touch each car during its two-day long assembly that starts with a shell and finishes by rolling off a line. Take a look at the process in this timelapse video of the Paint To Sample 911 GT3 in Gold Bronze Metallic from Porsche Exclusive Manufaktur.
- Autosport – “Nothing we change on Mercedes F1 car makes a difference”.Rooting against Mercedes is kinda like rooting against the Yankees…
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.