Favorite Teacher

 


We are evolving out of the pandemic. Finding a good teacher that isn’t selling us something is sacrosanct. It is a responsibility that we as independent advisors need to identify the best new approach.  This week we will cover numerous subjects that can help. I love my favorite teachers because they they didn’t have a conflicting agenda. They sincerely wanted to make me to learn and improve. 


Numerous Approaches

We need to do a third party examination of our business. The third party might see unique items we take for granted. This examination will help us improve.  Our blind spots are easier to see using a third party. Have a cocktail and ask a friend their opinion.  


Seasonal Changes 

The seasonal changes dictate our lives. We need to be aware of the seasonal impacts on both our business and life. Just because the seasons change we shouldn’t be required to change too. 



Margins

Over time we realize that our margin for error is slimmer than we believe. Our capital system is not a winner takes all. We always feel like our margin of victory is less than it feels. 


Our world has changed and we need to find a good teacher that can educate us what to do now. Picking a money manager who can outperform is yesterday’s news. I hope we all make strait As. 

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