This week’s highlights: Shrinking High School Seniors, Strategy and Boards, and Pythons
Issue 440
Happy Friday!
I hope everyone has a fun and safe Labor Day Weekend.
Best,
David
Food for Thought
- NewYorker – Why Are So Many Knowledge Workers Quitting? The coronavirus pandemic threw everyone into Walden Pond.
- Field and Steam – Meet the Hunters Trying to Fix Florida’s Python Invasion. As invasive pythons choke the life out of South Florida, it’s down to a loose-knit group of thrill-seeking bounty hunters to get rid of them
- Tennessean – Only 53% of education funding in Tennessee makes it into classrooms, new Beacon Center report concludes
- FSE – What I learned visiting two cutting-edge Amazon grocery stores. Grocery stores have reason to worry as Amazon invades their industry.
- Bloomberg – Colleges Dangle Tuition Deals to Head Off Harsh Economic Reality. U.S. colleges will see dwindling high-school seniors starting in 2026. In Pennsylvania, it’s already happening
Business
- Inc. – A Customer Discovered Their $350 Lego Set was Missing Pieces. The Company’s Response Was Brilliant – Credit GR
- RM – Strategy and Boards of Directors This is exceptionally well put about the interaction between management and board around the topic of strategy.
- WSJ – James Simons, Robert Mercer, Others at Renaissance to Pay Up to $7 Billion to Settle Tax Probe *note – paywall*
- GMO – Dispelling Myths in the Value vs. Growth Debate
- Morningstar – How Low Can Fund Fees Go? Our research shows the average expense ratio for investors has fallen by more than half since 2000.
Culture / Arts/ Tech / Science
- Ringer – How Did ‘Ted Lasso’ Become Such a Lightning Rod? For a show that’s all but synonymous with positivity, the Apple TV+ hit has bizarrely become the subject of intense criticism in its second season
- Spin – Watch Foo Fighters Bring Out Nandi Bushell to Play ‘Everlong’ in Los Angeles. It was the first time Dave Grohl and the 11-year-old phenom met in person
- CNBC – CNBC road test: The U.S. EV charging network isn’t ready for your family road trip, let alone the expected wave of new cars
- WashPo – Whatever the reason, Bryson DeChambeau always becomes the story
- InsideHook – The Fitness Secrets of Eric Leija, Austin’s Kettlebell Master
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.