Against the Lane – A letter to the next generation
“Jack of all trades, master of none” was once a compliment. Why breadth beats specialisation, and why AI has just made the generalist more valuable than ever.
“Jack of all trades, master of none” was once a compliment. Why breadth beats specialisation, and why AI has just made the generalist more valuable than ever.
I spent over 20 years learning how markets work. Then I tried to teach my kids. Charts glazed their eyes. Monopoly taught them the wrong lessons entirely. It took a Renaissance gem-trading board game to make compound growth, concentration risk, and strategic patience click. Sometimes the best financial education doesn’t look like education at all.
“When a potential client asks a direct question, answer it directly. Even if the response is not known, answering I do not know is acceptable…. It is also acceptable to say no.”
Why Most Family Offices Should Fail (And How to Build the Rare Exception) “Adversity is sometimes hard upon a man, but for one man who can stand prosperity, there are a hundred that will stand adversity“ Thomas Carlyle, Scottish historian and philosopher (1795-1881) Unfinished portrait of Thomas Carlyle by John Everett Millais (1877). Source: National
A tip is a message of thanks. A charge is a matter of accounting. When the two become indistinguishable, the meaning collapses.
What connects a research paper on emerging market bonds to Alexandre Dumas’ masterpiece? Both emerged from the post-Napoleonic era—but only one explores what truly counts.
Turns out “what gets measured gets managed” isn’t Drucker either—and the real version warns against exactly what we’re doing with it.