This week’s highlights: A New Media System, Ed Hyman, and 536 AD
Issue 409
by David Wells – Nashville TN
Happy Friday –
It has been a busy and exciting week with the release of my first book (Amazon). Just a quick note of gratitude to all of you for the well-wishes and many orders this week! I hope you have a great weekend.
Original Content This Week –
- Wealth Actually Podcast Interview – My friend, Frazer Rice, was kind enough to interview me on his podcast this week.
- 2021 Family Office Conference Master Calendar All the major conferences on 1 easy printable page
Food for Thought
- TKN – We Need a New Media System News companies now clean world events like whalers, using every part of the animal, funneling different facts to different consumers based upon calculations about what will bring back the biggest engagement kick.
- OV – The Problem with Deliberate Practice
- TexasMonthly – No, Austin Won’t Become Silicon Valley 2.0 Attracting so many tech companies and workers from California isn’t going to transform the city into another San Francisco—for both the better and worse.
- VanityFair – The Oracle of Britney In 2008, Britney Spears’s dad took legal control over her life. Now the pop star is trying to wrest it back—and the #FreeBritney movement wants to help.
Business
- Permanent Equity – 2020 Annual Letter – Lemons and Mixology – Brent Beshore’s annual letter is always enjoyable
- II – The Unbeatable Ed Hyman For four decades, Ed Hyman has been unrivaled among Wall Street economists. Is his reign nearing its end?
- Oaktree – Something of Value Howard Marks on the on-going meaningfulness of ‘value’ vs. ‘growth’ as an investing construct.
- Marketwatch – Mark Cuban pledges to sell this $225 medication for $20 The company says it will make cheaper versions of pricey generic drugs. Pledging “radical transparency,” the company said it will disclose its costs to manufacture, distribute and market its drugs to pharmacies and add a 15% margin for it wholesale price.
Culture / Tech / Science
- LoH – 536 AD – The Worst Year in History Scholars and researchers agree on the year that was worse than any other
- Citylab – Make Way for the One-Minute City While the “15-minute city” model promotes neighborhood-level urban planning, Sweden is pursuing a hyper-local twist: a scheme to redesign every street in the nation.
- Permanent Style – How Great Things Age – A 50 Year Old Sportcoat
- WashPo – Morgan Wallen’s big moment feels about 19 songs too long Interesting reflection on albums in a streaming era.
- WSJ – The Importance of Being Ted Lasso A mild-mannered show about an inexperienced soccer coach feels like hopeful therapy.
My Forthcoming Book:
When Anything is Possible – Wealth and the Art of Strategic Living, on January 12, 2021.
However wealth arrives – whether made or inherited, it can be a disorienting and worrying experience. When Anything is Possible is meant to be a guidebook about how to engage thoughtfully and strategically with 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.