"Sell In May and Go Away" is an Adage based on stocks' historical underperformance during the six-month period from May to October. Whether this will ring true for 2025 remains to be seen, but regardless, the workflow and output at Exceptional Wealth & Family Office doesn’t slow down!
Below are some recent links to content we have been consuming recently – if you are looking for something new, check them out:
Jami Dimon Chairman & CEO Letter to Shareholders:“America is still the exceptional nation, but its problems demand that we adjust our strategies”.. “Government as a whole needs to demonstrate to the American public that it is effective, efficient, competent and principled – as any institution should do – in developing policies that are conducive to maximizing long-term growth, jobs, competitiveness and fairness” .. “ There is a correlation between the strength of our economic and military alliances and our status as reserve currency” .. “The United States has a huge competitive advantage in that it is essentially self-sufficient on energy – and will be for decades” .. “ the private sector is the engine for investing our countries capital into high-returning areas – it is our most effective tool for promoting innovation, sustainable growth, productivity and jobs”
Navy SEAL’s Guide to Mastering Uncertainty – The Ed Mylett Show Podcast: Rich, a former Navy SEAL, breaks down what he calls the Uncertainty Method, a six-part framework designed to help you stay calm, focused, and effective when the stakes are high. We get into how your brain actually responds to stress, how to manage your energy like a pro, and why picking the right "horizon"—your next small target—is the difference between quitting and making it through.
Reasonable vs Rational – The Morgan Housel Podcast: “The most impactful idea to me personally in my book (The Psychology of Money) is my theory is that most investment models maximize for risk-adjusted returns, but in the real world every investor wants to maximize for sleeping well at night and being proud of themselves in a complicated world.”
Exceptional Companies Clarity Tool: This comprehensive PDF workbook, created by the Exceptional Companies Team, is designed to guide you through a series of exercises aimed at helping you create and achieve an exceptional life. The exercises will help you gain a deeper understanding of your purpose, priorities and goals, and the steps needed to achieve them.