This week my blog will send you in other directions. TIME Magazine latest issue had 10 ideas that are changing the world right now. They are worth the time to read and reflect on. So for the next few days links to TIME. The first of the 10 ideas that are changing the world: Jobs are the New Assets:
Remember when jobs weren't worth your small talk? Think back a year or two. Picture yourself at a cocktail party or maybe picking up the kids from soccer. How did the conversation go? You talked about your house. A new deck! You talked about your portfolio. Gotta go small cap. Did you mention how much pleasure you derived from bringing home a steady paycheck? Probably not. "Land was valuable, and capital was valuable, and labor — who cared?" says David Ellison, a Boston-based money manager. "The attitude was, As long as I buy a few homes and invest in a hedge fund, I'm done. I can sit in my chair and watch football games."
No comments:
Post a Comment