Issue 362 – 01/24/2020

Suddenly Savant, The $60bn tax heist, and Frank Gehry

Undoubtedly the top story this week is the spread of the deadly Chinese virus
Photo by Alessio Lin on Unsplash

Issue 362

by David Wells – Nashville TN

From the Editor
 
Happy Friday to You,

Original content this week:
 
  • Family Offices, Not Just Politicians, Face an Urban / Rural Divide  The locales that families build their wealth in are often times closely intertwined with the family’s identity and narrative. Yet like all considerations for a family office, the choice of geography is an important one, and importantly the ‘default’ answer should not be immediately adopted simply because it is the default.
All the best,

David

Food for Thought


Business

  1. World Economic Forum – The Global Risks Report 2020 Think about this as the knowable list of things to worry about in 2020.  Importantly, 2020 is the first year where all top 5 risks are tied to the environment.
  2. II – Institutions Know They’re Being Hoodwinked by Private Equity – Aka you can’t eat IRR
  3. NYT – Dying Malls? This One Has Found a Way to Thrive  Aventura Mall, near Miami, isn’t shy about investing in its infrastructure and is widely considered one of the most successful malls in the country.
  4. Stratechery – Visa, Plaid, Networks, and Jobs  Behold the power of the multi-sided network.

Culture/Tech/Science:

  1. Big Think – Why highly intelligent people suffer from more mental and physical disorders  Your brain’s heightened sensitivity can make you perceptive and creative. But it’s a double-edged sword, researchers find.
  2. NYT – What Everyone Can Learn From Parents of Big Families  When you’re parenting at scale, keeping things simple is key.
  3. Medium – The Man Who’s Spending $1 Billion to Own Every Pop Song  Music mogul Merck Mercuriadis raised hundreds of millions of dollars to buy the rights to hits by Taylor Swift, Timbaland, and Bruno Mars. Is he insane?
  4. NYT – This Bond Wears Corduroy  The super spy is getting a new look, courtesy of the Italian designer Massimo Alba.