19 Aug 2021 Parenting Rich Kids, and Other Confessions
I was not a rich kid, but my kids are rich kids, and that's kind of a weird place to be. My two boys went to the beach for a week twice this summer (and I did too...
I was not a rich kid, but my kids are rich kids, and that's kind of a weird place to be. My two boys went to the beach for a week twice this summer (and I did too...
My good friend, Sallie, is passionate about cycling. She's already ridden her bike 1,977 miles this year and she'll probably ride over 2,000 more before we ring in the new year. A few weeks ago, I went for a ride with her on the Durham...
Last week, Jared wrote about the future, specifically, the risk that the reality of the future we imagine might disappoint us: "You may fail to reach your goals, no matter how hard you work. Or, perhaps worse, you may reach your goals and find them...
“But where is man to go? Something awkward, at any rate, can be noticed in him each time he achieves some such goal. Achieving he likes, but having achieved he does not quite like, and that, of course, is terribly funny. In short, man is...
It's official: My car has become a real beater. The check engine light in my beloved Accord has been on for over a year. The engine revs too high when it idles and rattles rather loudly when I give it gas. Last month, the lining...
In last week's brief, Jared opened with this quote from Howard Marks: “By being in the top half for 14 years, he was in the top decile for the whole period. And I thought that was a great realization.” Jared went on to say, "You...
"By being in the top half for 14 years, he was in the top decile for the whole period. And I thought that was a great realization." I heard Howard Marks—the co-founder of Oaktree Capital Management—say that on a podcast a couple weeks ago. He was discussing...
Two years ago this month, I wrote a piece asking you to rate your financial well-being on a scale of 1 to 10 — 1 being poor and 10 being excellent. While acknowledging that everyone would have a slightly different version, I also made an...
A research piece published in April of this year looked at how financial advisers at two large Canadian firms invested both their clients' money as well as their own. The data covered 4,000 financial advisors, 500,000 clients, and spanned 14 years. Its findings are frustrating,...
Major League Baseball is an interesting place right now. After a number of seasons where offensive numbers (especially home runs) have been trending higher than ever, a number of things have happened to suddenly and drastically curtail offensive output: a new baseball was put into...