Archive for 'Readings'

Last night, while I was brushing my teeth, a few thoughts that had been spinning around independently in my head bumped into each other, and I had a point of clarity. Let me elaborate …
Thought 1: I’ve recently been reading The Secret Language of Money and Your Money & Your Brain. Each book references research, [...]

I recently began reading “The Secret Language of Money” by Dr. David Krueger, a former practitioner and teacher of psychiatry and psychoanalysis who is now CEO of MentorPath, an executive coaching practice. David’s book draws from his experiences in more than three decades of practice and an expanding field of research. He has a gift [...]

Consider This

Oct. 20, 2009 1 Comment Posted under: Musings, Readings

As difficult as it is to believe, the busiest shopping day of the year is just over one month away, and Christmas is barely two months off. So, even though my closet is still filled with Capri’s and sleeveless blouses, my thoughts have begun to turn toward the Christmas season.
Apparently, I’m not the only one, [...]

I recently began reading Your Money & Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich by Jason Zweig. For warm-ups, he gives examples of how knowing better doesn’t mean we’ll do better and runs down some basic lessons we’ve learned as the field of neuroeconomics has progressed.
My favorite “case study” [...]

Over the next 50 years, 50-100 trillion dollars will be transferred to successive generations. Approximately 80% of all transfers will fail by the 3rd generation.
According to a study in Williams and Preisser’s “Preparing Heirs” only 15% of estate / wealth transition failures were due to the what’s (i.e., legal and technical issues). The remaining 85% [...]