Tim’s Top Links – 6/10/19

With the NBA Finals wrapping up by Sunday the latest, and the US Open heading to Pebble Beach this week, it’s a big week for sports!  The first post today talks about a man who manages wealth for 50 athletes across a number of sports, and offers some great lessons.

Here’s what I’ve been reading this morning:

‘Managing Money vs. Managing Wealth’ – Ben Carlson – A Wealth of Common Sense

  • Even though most of us will never need to manage a nine figure salary, the lessons from this money manager of athletes resonate regardless.

‘Good Ideas Can’t Be Scheduled’ – Morgan Housel – Collaborative Fund

  • As much as we’d love to have our great ideas come on a schedule, that’s not really how it works.  Morgan talks about this in his latest post.

‘Diversify Your Pasture Portfolio’ – Justin Mallory – The Real Wealth Farmer

  • Whether it’s with your investments, or on the farm, diversification helps you see better results.  Justin’s latest post dives into the similarities between the two.

‘On the Perils of Passive News Consumption’ – Tadas Viskanta – Abnormal Returns

  • In today’s society, it’s very easy to find yourself down a rabbit hole when it comes to consuming news.  It’s important to keep in mind where you consume, and to what extent you let it affect your opinions.

ENJOY!

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