Jul 13, 2021 | Family Wealth
Running a start-up is like chewing glass and staring into the abyss. After a while, you stop staring, but the glass chewing never ends.”Elon Musk Photo by Igor Starkov on Pexels.com In the past we have discussed the importance for families thinking...
Oct 5, 2020 | Family Wealth
Photo by Dustin Tramel on Unsplash For the last four weeks, we have been working through a series exploring the trend for family offices to engage in private equity deals directly, aka “direct deals” vs. allocating to traditional private equity fund...
Feb 6, 2020 | Family Wealth
Photo by Pepi Stojanovski on Unsplash Several weeks ago we considered how fast a family’s assets must grow to compound in line with the family’s growth over time. Article here. We looked at a number of different elements that factor into the...
Jan 16, 2020 | Family Wealth
A boy is given a horse on his 14th birthday. Everyone in the village says, “Oh how wonderful.” But a Zen master who lives in the village says, “We’ll see.” ‘The boy falls off the horse and breaks his foot. Everyone in the village...
Jan 8, 2020 | Family Wealth
Photo by Micheile Henderson on Unsplash The primary variable that families can control in affecting their investment returns is their spending rate. Yet, too often discussions about the real-life, brass tacks implications of wealth are either never held (most common)...