What Tom’s Reading: Predict it!

Tom

Anyone who knows Versant President and CIO Tom Connelly knows that he’s a voracious reader. This habit of mind allows him (and others) to foster imagination, understand the origins of past ideas, learn from others’ mistakes, discover new ideas and test hypotheses.

We are keeping an eye out for interesting stories that Tom reads about financial news, investing, managing wealth, science, current events, and living a happy and healthy life. Here’s what he’s been reading lately:

The Other One Percent: Indians in America

By Sanjoy Chakravorty, Devesh Kapur and Nirvikar Singh

Indian-born Americans in the US today number 2 million and are probably the most successful minority group in the country. Compared with all other big foreign-born groups, they are younger, richer and more likely to be married and supremely well educated. On the west coast they are a mighty force in Silicon Valley; well-off Indians cluster around New York, too. The Other One Percent is the first major study of how this transformation happened. Filled with crunchy analysis, it exudes authority on a hugely neglected subject. –The Economist

The other one percent

PredictIt.com

PredictIt is a website that tests your knowledge of political and financial events by letting you make and trade predictions on the future. You pick an event you know something about and see what other traders believe is the likelihood it will happen. The website states, “Make your predictions when most people disagree with you and the price is low. When it turns out that your view may be right, the value of your predictions will rise. You’ll need to choose the best time to sell!”

For instructions on participating in PredictIt, see How It Works. PredictIt is an educational project of Victoria University of Wellington, New Zealand.

The Stanford Center on Longevity website has a Spotlight on Retirement section with excellent retirement information and inspiration. The Center’s mission is to “accelerate and implement scientific discoveries, technological advances, behavioral practices, and social norms so that century long lives are healthy and rewarding.

Spotlight on Retirement is rich with information about healthy living, financial security, social engagement, and other excellent data and materials that can be useful in navigating your retirement years.

 Tom Connelly is the President and Chief Investment Officer at Versant Capital Management, Inc. His background is not only financial – he has considerable interests other than just making money. His broad curiosity informs and inspires Tom to create an expansive context to investment numbers, which leads to deeper and more strategic conversations with clients.

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Disclaimer: The opinions in the articles and books and on the websites referenced are for general information only. Neither Versant Capital Management, Inc. (VCM) nor any of its affiliates or employees makes any warranty, express or implied, or assumes any liability or responsibility for the accuracy, completeness, regulatory compliance, or usefulness of any information, tools, resources or process described, or represents that its use would fully protect against cyber security incidents, including but not limited to system breaches, compromise of firm security and/or improper access to confidential information. The article contains links to content that is available on third-party websites. Please note that VCM does not endorse these sites or the products and services you might find there.