This week’s highlights: Jim Collins, The App Store, and Electric F-150s
Happy Friday and Memorial Day Weekend!
I don’t know about you, but this weekend feels like Opening Day for the summer and a ‘late-COVID’ world (I’d rather not jinx it by calling it post-Covid). Fifteen on Friday will have a bye week next Friday, and be back in action the 6/11.
- Many Families Will Sell Their Business – That’s a Good Thing For family owned companies, a harvest event can mark the start of the family’s next chapter, not the end of the story.
Food for Thought
- WSJ – The Great American Cleanup: Deodorant, Teeth Whitener Fly Off the Shelves ‘Everyone wants to look their best’: As restrictions ease, stores say sales are shifting away from toilet paper and baking flour to cosmetics and swimsuits
- NashvilleScene – Sean Brock Prepares to Reopen The Continental — and He’s Fired Up About It
- Farnam Street – Jim Collins: Relationships vs. Transactions Excellent podcast interview between FS’s Shane Parish and author/strategist, Jim Colllins.
- Comedian John Crist’s take on 30a – Vacations in 30a Once – Just for fun – since all of Nashville will probably be heading to the beach in the next few weeks.
- Stratechery – App Store Arguments – Closing arguments this week in the Apple App store trial.
- II – How Regulators Killed Hedge Funds Hedge funds generated much larger returns than stocks and bonds for years — but everything changed after the financial crisis.
- Fortune – This Silicon Valley VC likes to keep a low profile—no easy feat when you have one of the biggest IPO years in history
- AWCS – Did HGTV Ruin the Housing Market For Millennials?
- Forbes – How This Senator’s Son Made $100 Million In Stocks And Why He Fled To Low Tax Florida – The headline is a bit political, but interesting profile of a low-profile hedge fund manager.
Culture / Tech / Science
- IH – Ford’s F-150 Lightning Is Winning the EV Truck War for One Simple Reason Even if Tesla’s Cybertruck and Rivian’s R1T deliver, they can’t match Ford in a crucial area
- Gizmodo – Is Dyson Making a Toothbrush?
- CP – 3D Printed Buildings and Technology S-Curves
- Inverse – Land Rover Defender: It goes everywhere, even the one place you’ll never visit
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.