Thank you, Carmetta Joyner for providing this insightful summary of the event
In April, we read and discussed The Algebra of Wealth by Scott Galloway.
The Economics of Time: Galloway considers time the ultimate nonrenewable resource, positioning it as both the foundation of wealth and something more valuable than money itself.
Realistic Self-Assessment: Throughout the book, there's an emphasis on honest self-evaluation - understanding your genuine talents, accepting what you cannot change, and recognizing the difference between circumstances (gravity problems) and solvable challenges. Galloway considers this clear-eyed self-awareness as foundational to effective decision-making.
Consideration for your future self: Visualizing your future self is key to accepting trade-offs between present and future happiness, particularly regarding financial decisions.
Advisor Guidance as Risk Management: In discussing financial advisors, Galloway reframes their value from performance enhancement to psychological stabilization, providing the confidence and accountability needed for consistent long-term investing.
From Connections Newsletter (Past Event Highlights): May 2025