FIVE for Friday : June 7, 2019
Summary Highlights
- We may have forgotten the Mulberry Harbours, a maritime engineering feat that has not successfully been used since D-Day. Picture Sir Winston Churchill in a bath tub.
- For the philanthropically inclined, a recent case working its way through the courts highlights an important point when considering donor advised funds.
- You may not want to hear this, but your most dangerous blind spot may be thinking you do not have one.
- A new idea to combat the loneliness that of our aging parents and relatives may feel.
- Need a good book to digest during your summer downtime? Here are a couple of thoughts.
How one of the greatest military victories was achieved on June 6th seventy five years ago - via TheConversation.com
The 75th anniversary of D-Day is this week. Read about the engineering idea that helped allied troops successfully land at Normandy.
Value is in the eye of the beholder - via NYTimes.com
If setting up a foundation to direct your charitable activities is not worth it, then there are many benefits to a more simple, cost effective vehicle such as a donor advised fund (DAF). But what if your gifting plans include thinly traded or illiquid investments. The actions of the fund, though legally correct, may be at odds with your intentions to maximize the benefit to your designated charity.
I know what you are thinking before you read this - via TheAtlantic.com
Like Yogi Berra reportedly said - "It's tough to make predictions, especially about the future". With most complex situations, the range of potential and even probable outcomes can get wider and wider as something develops, decreasing the chances your specific prediction will be exactly the resulting outcome.
Can AI actually provide emotional support to our aging relatives? - via Fastcompany.com
Not sure about this one. As both a dog lover, a tech enthusiast, and someone who has cared for aging parents - I'm wondering if the benefits of this seem too "far fetched"?
What are some of the better, non-investment books we have read in the first half of 2019
In a 24/7 world, sometimes we need to "go off the grid" and let ours minds seek our own ideas, instead of having them shoved into us. Maybe one of these books will get us started.