To live in the modern world is to be addicted to activity. Lost in the torrent is a state of being as healthy as working out: Doing Nothing.
Read More
Due in large part to how entrepreneurs are depicted in pop culture (think HBO’s “Silicon Valley”), there’s a common perception that they tend to be young, insatiably energetic, tenacious and willing to risk it all. But studies have shown that when you push back the curtain, you see a much more fascinating, diverse, and often surprising portrait of our most prominent movers and shakers.
Stories often originate in facts, and shortly thereafter, take on a life of their own, leaving facts behind as distant memories. Never is this clearer than in money stories, or money messages as we call them in the wealth advisory biz. Money makes our worlds in a very tangible way, and interweaves deeply with personal and family narratives. In my wealth management career, I’ve seen different family members take the same set of facts and create very different stories.
Read More
We have brains that worked well to solve ancestral problems. Difficulties arise when we take those ancestral instincts to unnatural environments. And there is no more unnatural environment for a human brain than a financial market. In modern markets, humans are fish out of water. However, our seemingly irrational behaviors are actually rather predictable and systematic. By understanding those behaviors that influence decision-making, I strive to become a better investor, advisor, and human being.
Read More
As a wealth advisor who prides herself on listening to and understanding people, I feel that I often have a privileged look into my clients’ minds. Unfortunately, what I often find is a tangled knot of discomfort, dominated by their abject paralysis in the face of uncertainty. It is not a pretty sight…
Read More