Paul

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.

Sleeping 8 hours a day and taking a time-out to rest is crucial.

Give yourself time to recuperate, in order to perform better at any task, and to recall better what you have studied.

In recent years, constraints beyond the triple constraint factor have been discovered. They are:

• Quality. The project should be developed according to the quality agreed in the project scope.
• Risk. Risk and scope creeps are "silent" killers when the development team and managers are not expecting any threat from them.
• Benefit. The benefit of the project element is a great motivator to keep the project development process on track.

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.

• Prepare for multiple outcomes that are within your control.
• Refine your business plan. Adjust your strategies to your business’s current situation so you can update your value proposition.
• Recognize opportunity to grow. 
• Get quality control in order. Define what "high-quality" means in terms of your company and its offerings. .
• Have a firm grasp of key financial numbers and other KPIs so you can make the appropriate changes quickly.
• Diversify your products and services. 
• Evaluate how you and your team spend your time. It helps you to stay focused on the tasks that can actually grow your business.