This week’s highlights: Housing, Hybrid Meetings, and Olympic Training
Issue 428
Happy Friday and Memorial Day Weekend!
Summer is off to the races – as this week’s heat wave in the Northeast is clearly showing. Judging from the crowds at Florida beaches or even the resumption of business lunches, life feels like it is slowly returning to normal. It does seem to vary with geography, but with each passing week, life looks something like it did before.
After 450 days working from home (including weekends), I moved this week to new office space. While much speculation abounds regarding the future of the office, for those of us with little ones still at home, I have never been more grateful to sit in peace and quiet. New address info is at the bottom of the email.
Original Content:
- A special thanks to the team at Mercer Capital for this review of my book.
Best,
David
Food for Thought
- TheAtlantic – Why You Should Wait Out the Wild Housing Market Rising inventory is one of several signs that we may have reached peak ludicrousness.
- MH – How to Do Long Term Long-term thinking is easier to believe in than accomplish.
- New Yorker – LeBron James’s Agent Is Transforming the Business of Basketball Rich Paul is known for driving hard bargains for star clients, giving them new power in the N.B.A.
- TheAtlantic – America Has a Drinking Problem An interesting reflection on the cultural norms surrounding drinking.
- Nautilus – Curiosity Depends on What You Already Know We seek novelty, but not too much.
Business
- HBR – What It Takes to Run a Great Hybrid Meeting The team at Strategic Offsites Group are among the most thoughtful I have seen about meeting management
- NYT – How the World Ran Out of Everything Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories.
- TQD –The Story of Atrium – What does a business failure look like from the inside.
- A16Z – The Cost of Cloud, A Trillion Dollar Paradox
- AWCS – 200+ Years of Asset Class Returns
Culture / Tech / Science
- DM – The End IS Near. No, Seriously This virus is slowly becoming endemic, something we live with.
- WashPo – 7 home design trends that could go from Instagram-worthy to dated in a few years Shiplap in the cross hairs – watch out JoJo…
- WSJ – Katie Ledecky’s Lonely and Grueling Pandemic Training Regimen Since the 2016 Rio Olympics, she found that in a pair of All-American distance swimmers on Stanford’s men’s varsity team—among the only people in the world capable of sometimes keeping up with Ledecky during training sessions.
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.