This week’s highlights: 10,000 Steps, Surplus Fertilizer, and Nickelback
Happy Friday everyone –
Original Content This Week:
- 5 Questions Wealth Creators Should Consider To Avoid Entitled Kids. No one wants to willingly screw up their children or grandchildren. Here are 5 questions that can help provide perspective for wealth creators.
- Family Offices and Wealth Managers – Don’t Miss the Point on Hiring Challenges. The wealth advisory space is not immune to the ubiquitous labor shortages, but the situation is even more dire than it seems. We discuss the long-term opportunity and offer 6 recommendations.
Food for Thought
- NYP – Do we need 10K steps a day? Shocking truth and origin of daily goal
- NBER – The Midlife Crisis. The paper shows that there are approximately quadratic hill-shaped patterns in data on midlife suicide, sleeping problems, alcohol dependence, concentration difficulties, memory problems, intense job strain, disabling headaches, suicidal feelings, and extreme depression.
- NewYorker – Vince Gilligan Wants to Write a Good Guy. After fourteen years of “Breaking Bad” and “Better Call Saul,” the showrunner talks about how TV has changed, the sins of auteur theory, and the appeal of an old-fashioned hero.
- WSJ – LaGuardia Airport Is No Longer the Worst. This Team Fixed It. Almost pains me to share this, but it’s true. Today’s LGA is not the one of 5 years ago.
- Honestly – Eating Ourselves to Death (podcast) 74% of Americans today are either obese or overweight. And yet, we’re no longer talking about it. A conversation with Dr. Casey Means, a Stanford trained physician who left the traditional medical system behind to solve the one problem that she says is going to ruin us all: bad food.
Business and Markets
- WSJ – From Shortage to Glut: Scotts Miracle-Gro Is Buried in Fertilizer. Scotts ramped up production during the pandemic, then consumers shifted and retailers slashed orders, leaving a pile of inventory. It’s now trying to dig its way out.
- KKR – Securitize Launches Fund Providing Tokenized Exposure to KKR Fund. Interesting to see blockchain technology being used to provide access to alternative investments
- Forbes – How A Mysterious Tech Billionaire Created Two Fortunes—And A Global Software Sweatshop
- JSTOR – Why Companies Are So Interested in Your Myers-Briggs Type. If you’ve looked for a job recently, you’ve probably encountered the personality test. You may also have wondered if it was backed by scientific research.
- Citi – 2022 Family Office Survey Report
Science, Technology, and Culture
- DieWorkwear – How to Develop Good Taste
- SunnyV2 – How Nickelback Became The Most Hated Band Ever. Everyone has different tastes and preferences, however, one thing that the entire world seems to universally agree upon, is that Nickelback is the worst band of all time. But why?
- WSJ – The Ultimate M.B.A. Networking Event? A Yacht Party in Croatia. Hundreds of students from Harvard and other elite business schools like to connect at Yacht Week, a floating festival in the Adriatic Sea. ‘The girlfriends I went with on the trip, maybe we’ll become co-founders one day.’
- NYP – Latest twists in Murdaugh murder mystery: ‘More like ‘Ozark’ every day’. This SC murder case gets more and more insane.
- Does how you handle your wealth actually align with what you care most about in the world?
- Do you feel like you are pro-active and intentional with your financial affairs or entirely reactive to a busy world?
Growing financial wealth is a natural occurrence on the path to success. While this should make life easier, that is not always the case. With greater wealth, comes great opportunity and an overwhelming number of choices to make.
When Anything is Possible is the guidebook about how to engage strategically with wealth. It will help you change your wealth from something overwhelming and all-consuming towards a resource to be deployed to help you positively impact the things that you value most.
If you are interested in learning more, visit here and download a free chapter.