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Unique insights to drive your family and family office forward, authored by Family Capital Strategy

The Week’s Top Articles 07/29/16

Food for Thought:

  1. WSJ – The Secret of Popularity.  What makes one classmate more popular than another? Research points to a key skill: the ability to tune in to another person’s perspective
  2. FS – Henry Ford and the Actual Value of Education.   “The object of education is not to fill a man’s mind with facts; it is to teach him how to use his mind in thinking.”
  3. G&G – The Heart of an Angler – Andy Mill, Chris Evert’s ex-husband, transformed himself from an Olympic class downhill skier to arguably the best Tarpon fisherman in the world.  This is a great story of someone who has lived a fascinating life.
  4. NYP – The most undervalued women in America are childless aunts.  Meet the PANK” — Professional Aunt No Kids.
  5. Vulture – When Did the Media Turn Against Taylor Swift?
Business/Economics:

  1. Bloomberg – BlackRock: Expect Lower Returns For Pretty Much Everything Over the Next Five Years.  It’s going to be really hard for any asset class to give investors returns above a mere 6 percent in the coming years
  2. BusinessWeek – Can a Plastic Owl Explain Global Trade?  As part of a much-hyped effort to bring factory jobs back to the U.S., Wal-Mart persuaded tiny Dalen Products, of Knoxville, Tennessee, to shift production of the garden scarecrow back home from China. The only catch: not many jobs followed.
  3. Bloomberg – What Sank Yahoo? Blame Its Nice Guy Founders.  Two Stanford University students put their studies on hold to create what was at one time an essential part of the internet. Then they stopped taking risks.
  4. HBR – Using Design Thinking to Embed Learning in Our Jobs
  5. WSJ – LinkedIn Skills You Didn’t Think You Needed: ‘Round Tables,’ ‘Hugs,’ ‘Cheese’.   Pranksters bomb co-workers’ profiles by endorsing fake skills; hugs and fire alarms.
Culture/Tech/Science:

  1. Bloomberg – An Auction House Learns the Art of Shadow Banking – Credit SF
  2. Hodinkee – The Dirty Dozen of Watch Collecting.  These 12 watches from the British Ministry of Defense in World War II are impossibly difficult to find.
  3. BI – We saw these brand new Tesla Model Xs parked outside Apple’s secret car office
  4. NYT – Alexa, What Else Can You Do? Getting More From Amazon Echo
  5. NYMag – Is Watching Gymnastics Worse Than Being an NFL Fan?  The ethics of consuming “the most dramatically feminine sport.”
Interesting Podcasts:

  1. Revisionist History – My  Little Hundred Million.  In the early ’90s, Hank Rowan gave $100 million to a university in New Jersey, an act of extraordinary generosity that helped launch the greatest explosion in educational philanthropy since the days of Andrew Carnegie and the Rockefellers. But Rowan gave his money to Glassboro State University, a tiny, almost bankrupt school in South Jersey, while almost all of the philanthropists who followed his lead made their donations to elite schools such as Harvard and Yale. Why did no one follow Rowan’s example?
  2. Freakonomics Radio – How to Get More Grit in Your Life.  Not just a Southern breakfast staple, Grit is how we encounter and deal with adversity in our lives.

Resources

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