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The Big Picture
Primary focus: Business
We are all systematically blind to how often things fail. (Thank you to Joachim Klement for bringing this to my attention) The Failure Gap goes into great detail about this. The paper’s authors reviewed over 30 “life domains”; they determined that failure occurs about 61 of the time. But ask people what the Read More The post The Failure Gap appeared first on The Big Picture.
The transcript from this week’s MiB: Jason Wenk, Altruist founder and CEO, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube (video), YouTube (audio), and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ MASTERS Read More The post Transcript: Jason Wenk, Altruist founder and CEO appeared first on The Big Picture.
This week, I speak with Jason Wenk, founder and CEO of Altruist, a modern custodian for independent financial advisors. We discuss why Jason started the company and his plans to change asset management through technology. He weighs in on the state of RIAs, and how AI is going to change everything. A list Read More The post MiB: Jason Wenk, Altruist founder and CEO appeared first on The Big Picture.
Perhaps the question I hear asked most often is: “Are we in a bubble? What’s happening with this artificial intelligence thingie?” I picked my favorite charts that shed light on this issue. All of these were pulled from my Q3 Review Update quarterly call, which I do for RWM clients. We have heard Read More The post Overvalued, Bubble, or Revolution? appeared first on The Big Picture.
My end-of-week morning reads: Wall Street Traders Are Having Their Best Year Ever: JPMorgan, Goldman and other big banks are raking in trading revenue this year as “the market is clearly extremely risk-on.” (Wall Street Journal) Robotaxi Riders Are Falling Asleep, Sparking Frantic 911 Calls: Passengers are also spilling food, getting sick and, in at Read More The post 10 Friday AM Reads appeared first on The Big Picture.
I have been busy on a few projects, most of which are wrapping up. Blogging has been light, but I have some fun things teed up in the near future. I wanted to come out of hiding to share a few recent media mentions of “How Not to Invest,” along with a broader Read More The post Summer Reading List appeared first on The Big Picture.
My morning train WFH reads: What Americans Need to Understand About China: Ezra Klein interviews former Australian PM Kevin Rudd — one of the West’s most fluent China hands — on the gaps in American understanding that keep producing bad policy. (New York Times) Jony Ive is cooking in the OpenAI kitchen. “Perhaps a Read More The post 10 Thursday AM Reads appeared first on The Big Picture.
At The Money: When Should Do-It-Yourself Investors Fire Themselves? (July 15, 2026) DIY investors have been a force in the market, pouring trillions into indexing and remaking asset management. But at a certain point in their lives, their needs become more complex and may require help. How can they tell when it’s time Read More The post At The Money: When Should Do-It-Yourself Investors Fire Themselves? appeared first on The Big Picture.
My mid-week morning train WFH reads: Developers Are In On The Joke: Apologize Later: Jonathan Miller on developers who build first and beg forgiveness after. The oldest play in real estate. NYC Development Legend Harry Macklowe’s Midnight Demolitions (Housing Notes) Why recruiters can’t find workers and new grads can’t find jobs (it’s not AI): Read More The post 10 Wednesday AM Reads appeared first on The Big Picture.
The transcript from this week’s, MiB: McKeel Hagerty, CEO and Chairman of Hagerty , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube (video), YouTube (audio), and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. Read More The post Transcript: McKeel Hagerty, CEO and Chairman of Hagerty Insurance appeared first on The Big Picture.
