Details Are Part of Our Difference
Embracing the Evidence at Anheuser-Busch – Mid 1980s
529 Best Practices
David Booth on How to Choose an Advisor
The One Minute Audio Clip You Need to Hear
We’ll Get Through This
Morgan Housel penned a piece we think is worth your time. In just four points he argues we’ll get through this. “It won’t be easy, and for some it will be agonizing. But no one should be surprised when a market economy that offers so many benefits occasionally asks something in return.”
The Latest TLV Episode
John Jennings is someone you want to know. He is fascinating, and not in a weird way, in a lovely Dr. Seuss style. He deserves to be famous, though he doesn’t care about fame, and is worthy of it and your attention.
He writes something called the IFOD – Interesting Fact of the Day (we’ve shared them with you here in this newsletter). His daily thoughts often tickle the brain into an active state. They are meaningful, relevant, poignant, and thoughtful.
Does IFOD pay the bills? We think not. So what does Jennings do for work? Uh, he’s a big deal. John is President and Chief Strategist of The St. Louis Trust Company, a leading multi-family office. This means he helps the ultra-affluent. Unlike most in wealth management, John deserves a lot of respect.
And if that’s not enough, John is an adjunct faculty member at Washington University’s Olin School of Business where he teaches in the Wealth and Asset Management masters program. John is also a Forbes contributor, a lawyer by training, a hardcore vegan and a loving husband and dad.
Enjoy this wide-ranging conversation covering: Lawyers who aren’t lawyers, John’s IFOD, committing to a plant-based/Vegan diet and how it connects to solving John’s fight with OCD, investment thinking and what the ultra-rich struggle with, Coronavirus and what napping has to do with success.
Book Club – Raving Fans
Sometimes we are indifferent to the brands we interact with. You might buy whatever Amazon’s algorithm recommends, or and listen to songs on Spotify playlists that go in one ear and out the other.
But sometimes there are brands we can’t stop talking about: the amazing coffee you can’t survive without, the jeans you have six pairs of, the wine you serve for every guest. In these cases, you’re not just a customer, you’re a raving fan.
Converting clients into raving fans isn’t a scientific formula by any means, but it starts with a specific mindset: that’s why everyone at our office is (re)reading Raving Fans by the renowned management expert Dr. Ken Blanchard. Rather than burying his advice in jargon, Dr. Blanchard uses a parable that explains how to DEFINE a vision centered around your client, DISCOVER what your client wants, and DELIVER on your vision, plus some. Best of all, it’s all packed into just 137 pages (no excuses, busy people!)
Make no mistake: You don’t have to be the CEO of a business to apply the principles in Raving Fans. Maybe there’s a cause you’re passionate about, maybe you want to inspire a friend to make a change in his or her life, or maybe you want to foster better relationships at home.
Bottom line: this is essential reading if you have a vision and want to bring it to life. In the case of Hill Investment Group, that means inspiring people to Take the Long View. We’re fortunate to have raving fans like yourself who read and share our newsletter. It’s been a 15+ year journey, and it’s worth every second.