I was talking to my daughter about a few college graduates that seem to me as if they fall into the category of “failure to launch”. Well, maybe they have launched but they have not reached escape velocity to reach an orbit of independence (and I don’t just mean financially) and growth.
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Sometimes the answers are available to us if we just pay attention and think more expansively to connect the dots. I watched the new Bob Dylan documentary about his 1975 tour called Rolling Thunder Revue.
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Marc Andreessen said something in an interview that I have thought a lot about over the years. I have been a big fan of Joseph Campbell who was an expert on myths and deconstructing the hero’s journey into its most important components and structure.
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In David Bowie’s song Changes, the protagonist tells himself to “turn and face the strange”. Change is inevitable and in order to drive change or adapt to it, one has to go outside of the comfortable and familiar and take risks.
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This will be a relatively short post honoring a long life that was highly impactful.
The following chart shows a demand curve that, without much argument, we can point to one man for the explosive increase. It represents the percentage of assets dedicated to passive investing via index funds and Exchange Traded Funds (ETFs).
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One of the things that Roneet and I had in common was the fact that neither of us grew up with any pets other than the occasional fish. We would sometimes commiserate how they would jump out of the bowl and feel badly about it and how we both felt the sad shock of seeing them on the ground lifeless.
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I was planning on writing about Apple’s announcement that they were making a huge investment in Austin, as well as the material, slow down taking place in China and how that is impacting global economic growth. But then, the combination of reflecting on a conversation I had with a friend/mentor/business advisor and a quote my daughter texted me led me to abort and return to the subject of healing,
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Here is another one of my periodic videos that I made to convey some of the key points of my book. This one conveys the power of partnerships. Enjoy!
[Video Transcription ] In my book, The Philosophical Investor Transforming Wisdom into Wealth,
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Kudos to Heidi Garland who handles my social media. She is quite in her postings on my behalf on Facebook, Twitter, and LinkedIn. I never know what interesting tidbit she might be posting. Of all the platforms, Twitter is the most ephemeral as tweets are sent and they tend to have a short shelf life to them.
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I recently completed a wonderful, classic book called The Art of Loving by Erich Fromm. It has great applicability to all relationships, not just your primary one with your spouse or significant other. I found there was also a lot to apply in terms of helping us at CWS to build upon our tremendous focus on communicating with and serving our investors.
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