Sometimes, all you need to do is look at things from a different perspective.
Jun 22, 2020
Sometimes called guardianship (depending on the state), a conservatorship is a legal arrangement whereby a conservator (or guardian) is appointed to make decisions on the incapacitated person's, behalf when they are found unable to manage daily life without being a danger to themselves or others.
Conservatorship mostly deals with the management of the conservatee's finances, whereas guardianship deals with everyday care, such as help around the home, with medical care, etc. Britney Spears's conservatorship allows for both.
There are an estimated 1.5 million adults under guardianship in the U.S
Long-term thinking is more challenging than most people imagine. It is then also more lucrative than many people think.
The long run consists of a collection of short runs that you have to put up with: recessions, bear markets, meltdowns and surprises. Instead of assuming long-term thinkers don't have to deal with nonsense, the question is how you can endure all the short uphills.
Many companies use the insights of financial managers and external consultants to manage their risk. A one-size-fits-all solution is not yet in existence when it comes to risk management.
These companies usually use derivatives like forwards, options, swaps and futures to offset their risk, but without a clear set of risk-management goals, the use of derivatives can increase the risk substantially.
Our emotions are obsessed with the present moment because it’s difficult to look past our immediate fears and anxieties. And this prevents good decision-making.
The sweet spot in decision-making is to find the short-term failures that enable huge long-term successes to happen in the first place.
When we look at situations, we prefer to look for what is distinct. Instead, we should pay attention to the similarities.
The four words "this time is different" makes us incorrectly think that differences are more valuable than similarities. When your reasoning and plans are based on the differences, you are probably speculating.
In recent years, constraints beyond the triple constraint factor have been discovered. They are:
If something resonates or lingers in the reader's mind, long after the article has been read, then it is a sign that the conclusion was impactful and created an impression.
Asking a direct question or creating a personal challenge makes them think about that idea, and apply it to their lives.
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