Saying those words out loud is pretty surreal, but last week, my wife Kathy and I became grandparents for the first time. Amelia Claire Smeraski was born on October 15th to our daughter Jaimie and her husband A.J. I can already tell that Amelia is a beauty, like her mom and grandma, with a calm and curious disposition. Auntie Marisa and uncle Aaron are mildly obsessed with their new family member and say they can’t stop staring at her pictures. Amelia was born at the tail end of a once-in-a-century pandemic. I think a lot about babies born in the last two years, and how different their lives have been as compared to other babies born in recent years. A lot has been written about the negatives, but maybe something good will come of it as well. I guess only time will tell. All I can say at this point is that everything people say about how it feels to be a grandparent for the first time is absolutely true. It is a life-changing experience and we are going to enjoy every minute of it.
In less than four years, DEI went from being a widely accepted bipartisan solution for America’s precarious wealth and income gaps to the root cause of every failure known to man.
Professional investors know that the best way to make it big is to believe in something that almost everyone disagrees with - and be right. That could be a business idea, an investment opportunity, or a cultural trend.
Next week, I will be speaking at a Hispanic Leadership Summit at the United Nations. I was asked to speak on the topic of Unity. The following is a preview of my speech.