Michael Gershon was President George W. Bush’s speechwriter for the first 6.5 years of his administration. One of the most famous lines he wrote was “the soft bigotry of low expectations.” Some people thought that it was a bit harsh in that President Bush was saying that in some ways we’re putting more emphasis on compensating disadvantaged minorities by focusing on what obstacles they are up against rather than raising them up with higher expectations.
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“A lot of other people are trying to be brilliant and we are just trying to stay rational. And it’s a big advantage.”
~ Charlie Munger
The Roadmap to Concentration
Continuing with some important takeaways from Erich Fromm’s The Art of Loving,
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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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As investors (and human beings) it’s almost always best to keep our cool and not let others or ourselves get the best of us. When we lose our center and become consumed by emotion set off by powerful triggers, mistakes happen and we often come to regret our actions and the consequences they unleash.
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I was flipping through the television channels last week and I came across Ken Burns’s last episode of his Civil War documentary. It is such a highly regarded series and one in which I hope to see from beginning to end some day. I have always been fascinated by the Civil War and,
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Gary Carmell Posted in Economy, Interest Rates, Investing, News, Psychology, Trends, Uncategorized, Wealth 1 Comment ↓ 
One of the driving forces in the economy and society that has made us bullish on apartments is what I like to call “Insecure Growth.” It’s a situation in which the economy continues to grow, albeit slowly, jobs are materializing, and households continue to be formed and yet there is an underlying insecurity and anxiety about job security and how long one might be in a particular location.
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It is estimated that over 40 million people watched the riveting game seven of the World Series between the Chicago Cubs and Cleveland Indians. Having grown up in Chicago and being a former peanut vendor at Wrigley Field and Comiskey Park (where the White Sox used to play) I was emotionally invested in the Cubs.
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Gary Carmell Posted in Advice, Investing, News, Psychology, Trends, Uncategorized, Wealth No Comments ↓ You are probably wondering why the author, business executive, investor Gary Carmell, author of The Philosophical Investor Transforming Wisdom into Wealth is holding a banana!
A lot can be learned from a simple example.
[Video Transcribed]
My book focuses significantly on the powerful intersection between intelligent investing and intelligent living and the importance of having a way of viewing the world that is quite independent and quite authentic.
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There is understandably a lot of fear, trepidation, and obsession about death and mortality. When I find myself inspired to think more deeply about particular subjects, I often find myself going back to some of the world’s great philosophers. In this case, I turned to Socrates who had an interesting perspective on death.
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Following up from last week’s blog post that discussed Bertrand Russell’s Conquest of Happiness, this week will focus on some of the actions we can take and the ways we can train ourselves to welcome more happiness into our lives.
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