Musings from the CU Suite

May 12, 2023

On to High School; This Week's Reading Pile

Written by Anthony Demangone, Powered by NAFCU

Kate and Briggs have their final Spring Variety Show tonight. Their year is wrapping up and high school is near on the horizon.

I’m not too melancholy about them growing up.  It’s time for them to move on to something bigger, more complicated. That’s how life works. I’m proud of them, and excited. Elementary school was a good thing. But all things come to an end.

Better to be excited for what comes next than to be sad about what is no longer there.

On to this week’s reading pile!

  • How to be resilient. (Barking Up The Wrong Tree) H/T to John Spence.
  • Advice from Munger. (BI) "It's so simple to spend less than you earn, and invest shrewdly, and avoid toxic people and toxic activities, and try and keep learning all your life, and do a lot of deferred gratification," he added, as Inside previously reported. "If you do all those things, you are almost certain to succeed. If you don't, you're going to need a lot of luck."
  • Glass Half-Empty Investors. (Ritholtz)
  • Want some good news? Employee job satisfaction is at a 36-year high. (WSJ)
  • Jobless claims are ticking up. (SHRM)
  • Interesting data on the future of work. (FastCo)
  • The decline of the 5-day commute is a boon to suburban retailers. (WSJ)
  • Update: Framing Lumber Prices Down 57% YoY, below pre-Pandemic Levels. (Calculated Risk)
  • Waymo One doubles driver-less car area in Phoenix. (Waymo)

About the Author

Anthony Demangone, Executive Vice President and COO, NAFCU

Anthony Demangone, NCCO is Executive Vice President and Chief Operating Officer at NAFCU, where he oversees day-to-day operations and manages the association's education, marketing, membership, human resources, building facilities, finance and information technology functions. He also authors NAFCU's executive blog, Musings from the CU Suite and co-authored "Managing and Leading Well," a book for credit union leaders, with NAFCU President and CEO Dan Berger.

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