Meet the new women in the House of Representatives The House of Representatives will welcome 27 non-incumbent congresswomen in 2021, bringing the total number of women serving to 118. This breaks the previous record, set in 2018, of 102 women in the House. In historic move, Biden to pick Native American Rep. Deb Haaland as Interior…
2020: Good, Bad, and Ugly
I am receiving holiday cards in the mail each day. One of my favorites states “Good Riddance 2020”. While I wholeheartedly agree, it got me thinking about all that has happened this year. And you know what? Not all of it was bad, not by a long shot. So here’s my summary of what happened…
This Week in Women
Starbucks Names Mellody Hobson Board Chairwoman Ms. Hobson, 51 years old, is among the most prominent Black investors in the U.S. Chicago-based Ariel Investments, a roughly $13 billion value-investment firm, says it is the country’s oldest minority-run mutual-fund firm. Early Female Investors, More Independent Than Previously Thought? When we think of the investing community of the…
Asset Destruction
“I am so sorry.” These are the only four words that come to mind. I don’t know what else to say to an investor who’s been sold a load of garbage by a life insurance agent. I can no longer keep quiet as I witness this silent epidemic of bad incentives, high pressure sales tactics,…
This Week in Women
Nasdaq proposal would require greater diversity on company boards Under the proposal, the majority of companies will be required to have at least two diverse board directors: one woman and one person who identifies as either an underrepresented minority or LGBTQ. If a company cannot meet these requirements, it will not be delisted, but it will…
This Week in Women
Janet Yellen will lead Joe Biden’s Treasury. What does she stand for? No economist is more qualified than Ms Yellen, a former chair of the Federal Reserve and a respected academic, for the job. Perhaps more important, however, for what is a political role as much as an economic one, people from the progressive left…
A Time to Think
Somehow we’ve made it to Thanksgiving 2020. Just as I have for the past six years, I will be taking a four day break from the internet. No email, no Twitter, no Instagram, no Slack messages, nothing. I use this time to clear my head and to think. All of these internet distractions get in…
This Week in Women
Dolly Parton helped fund the Moderna Covid-19 vaccine Parton’s contribution to Vanderbilt University Medical Center was made in honor of her longtime friend, Dr. Naji Abumrad, who is a professor of surgery. ”[Abumrad] informed me that they were making some exciting advancements towards research of the coronavirus for a cure,” she wrote in an Instagram post in…
The Most Important Assumption
If I ask a group of 100 investors, “What is the most important assumption in a financial plan?”, I bet less than 10% would give the correct answer. Many believe it is the rate of return on investments. Others may say the withdrawal rate during retirement or the savings rate pre-retirement. All of these are…
This Week in Women
Marlins Hire Kim Ng as Baseball’s First Female General Manager “This challenge is one I don’t take lightly,” said Ng, 51. “When I got into this business, it seemed unlikely a woman would lead a Major League team, but I am dogged in the pursuit of my goals.” As news of Ng’s hire reverberated around…
