I like this post, but will have to re read when I am more awake/have more time - anything that quotes Thoreau, Walden Pond catches my attention.
But the ability to pack a bag, handle a family situation but keep functioning effectively is useful - and can help you focus on the most important things. It can also make you look at a portfolio with greater clarity, what do I/they own? What use is it - should I sell everything and put the money in a savings account or government bonds? Sometimes you should.
Yes. This is a wonderful encapsulation of the coach or guide or advisor or helper or ______ that a "money person" can be now. If they choose to be. And not wanting to be that, to play that role, is a totally acceptable choice as well.
I agree -- although if you're hanging your shingle out as an advisor, I think you have to accept your clients expect that from you. I suppose there are transaction-only and PM-only type folks out there and always will be.
I for sure don't want to be anyone's "money person." I'm grateful for those that do.
"While I agree with the core metaphor, I don’t think my role is to be the falcon, caught in the wind, struggling to see the Center-that-cannot-hold. No, my role is to be, or to try and be, the holding-Center. Stillness in chaos. Because while I can’t solve everything for those I love, I can be insoluble - incapable of being dissolved"
I like this post, but will have to re read when I am more awake/have more time - anything that quotes Thoreau, Walden Pond catches my attention.
But the ability to pack a bag, handle a family situation but keep functioning effectively is useful - and can help you focus on the most important things. It can also make you look at a portfolio with greater clarity, what do I/they own? What use is it - should I sell everything and put the money in a savings account or government bonds? Sometimes you should.
Yes. This is a wonderful encapsulation of the coach or guide or advisor or helper or ______ that a "money person" can be now. If they choose to be. And not wanting to be that, to play that role, is a totally acceptable choice as well.
I agree -- although if you're hanging your shingle out as an advisor, I think you have to accept your clients expect that from you. I suppose there are transaction-only and PM-only type folks out there and always will be.
I for sure don't want to be anyone's "money person." I'm grateful for those that do.
Fantastic Dave.
"While I agree with the core metaphor, I don’t think my role is to be the falcon, caught in the wind, struggling to see the Center-that-cannot-hold. No, my role is to be, or to try and be, the holding-Center. Stillness in chaos. Because while I can’t solve everything for those I love, I can be insoluble - incapable of being dissolved"
Perfect.
thanks