At least six months ago, Heather saw something on Instagram that she knew would get my attention. Andy Roddick was going to host an immersive tennis experience. I was immediately intrigued.
There were two reasons. First, I’ve always thought Andy was an incredibly bright and cerebral person.
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One of the great challenges of investing is resisting the temptation to reduce a complex world to a single explanation. We crave narratives because they make decision-making easier. Interest rates are rising because inflation is rising. Apartment values are falling because the Federal Reserve raised rates.
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For much of the past decade, investors and borrowers became conditioned to believe that interest rates were primarily a function of Federal Reserve policy. If the Fed lowered short-term rates, longer-term borrowing costs would eventually follow. If inflation moderated, bond yields would decline. That framework was never completely accurate,
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There is a distinct magic in stepping out of a world-class venue and into a global transit hub, reflecting on the sheer physical ambition it takes to make both exist in a world-class city. Sitting in the grandstands at the U.S. Open in Flushing Meadows and then heading home through John F.
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For most of my adult life, I assumed I was doing a pretty good job of protecting my heart. I exercise regularly, I don’t smoke, my blood pressure has generally been excellent, my resting heart rate is low, and I have remained physically active enough to play vigorous tennis well into my 60s.
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Not too long ago, I shared that I had lost 14 pounds. It felt like a solid milestone—a gratifying number on the scale, a little looser fit in the waistline, and a welcome step toward better health. But numbers alone don’t always change behavior.
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With 2024 coming to a close, I thought I would step back and reflect on the year. I find this to be a helpful exercise and hope what I communicate in this blog post will inspire you to do the same. I thrive on continuous learning and doing my best to take an objective look at the decisions I have made and actions I have taken to produce better outcomes for me as time goes on.
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After Roneet’s passing, I wanted to channel my grief in ways that I could honor her memory and help contribute to bettering the world. I chose to back incredibly dynamic, bright, passionate, and innovative people with whom I had great respect that I thought Roneet would be proud of as well.
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Last week brought the heartbreaking news that Glen Hansard had died in a motorcycle accident at the age of 56. Like millions of others, I first came to know his work through Once and the timeless song “Falling Slowly.”
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“Now that you don’t have to be perfect, you can be good.” — East of Eden
During the past year, my Audible and reading queue have undergone an unexpected transformation. For most of my adult life,
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