Happy Monday:
I hope you all enjoyed the Super Bowl yesterday. I did hear Houston did just an outstanding job hosting the event and we would expect nothing less. I got to watch HBO’s Becoming Warren Buffet again which I highly recommend. It is interesting to note the strong role women played in his life, his success, and the path of his late in life philanthropy. For those of you that missed his 2013 essay that he published in Fortune, it is women that hold the potential for boosting the global economy. The full article can be found here.
Speaking of the impact of women on the economy, apparently single women are buying homes at twice the rate of single men. Single women account for 17% of US homebuyers versus 7% for single men. Instead of alienating women, politicians may want to pay attention to this demographic. The full article can be found here.
The Pimco brand and Bill Gross have long been intertwined. His departure in 2013 was a painful one for the bond giant, but as I have often said, when there is a big mess and a thankless task ahead, often the reins are handed to a woman. Enter Jackie Hunt, a CPA by training, who took on the role precisely because of the challenge. Under her watch, Pimco is experiencing its first net inflows. The full article can be found here.
George Soros also made headlines with his high profile hire of Dawn Fitzpatrick who he poached from UBS to take the role of CIO at Soros Fund Management. The full article may be found here.
Finally, psychology professor Sian Beilock explains the physiology behind choking under pressure. It seems that the biological reaction to stress captures our attention so it is like we are trying to do two things at once. Fortunately, there are steps we can take to mitigate the reaction or even make it work in our favor. The full article may be foundhere.
We our holding our biggest event of the year on March 9th in Dallas. This will be TXWSW’s 8th annual State of the Markets event and we have nothing short of a fabulous line up planned! To begin, back by popular demand, we have Danielle DiMartino Booth, formerly with the Dallas Fed and Dr. Lev Borodovsky, Editor of the Wall Street Journal’s Daily Shot discussing the economy in a debate style format led by Dallas Children’s investment director Ryan Bailey. Next, we have award winning CIOs from across the country sharing their thoughts on asset allocation, opportunities and pitfalls in today’s market led by Nili Gilbert. This event is open to the public and supports the Young Women’s Preparatory Network – please buy your ticket today and help us get the word out! More details may be found here.
If you would like to attend as sponsor, please reach out to our marketing director, Bianca King atdevelopmentdirector@txwsw.com to learn more!
We have some terrific events lined up for you this year and look forward to seeing you all at an event in 2017! To learn more about our 2017 events, please visit www.txwsw.com
Kind regards
Christine