3 Best Places To Put A Dollar in 2023

To: Millennial Money Readers

February 7, 2023

What I'm Reading and Listening To

The Creative Act: A Way of Being by Rick Rubin (Book)

I’m a Rick Rubin fan, so I was pumped to read his first book this past week. I liked how it explores the idea of creativity as aligning your energy with the universe and then gets a bit more granular into how to create something. It’s not a how-to book; it’s a how-to be book. It reminded me a lot of Thich Nhat Hanh’s work, all the way down to some of “you are a cloud” metaphors and the uber-popular Big Magic by Elizabeth Gilbert (which I surprisingly enjoyed reading a few summers ago). I enjoyed reading it in pieces - an hour or so each night. It’s too heady to binge-read. All in all, this is a meditative read that is valuable for any creator.

Hello, Bookstore by A.B. Zax (Documentary)

This lovely little documentary made me want to own a bookstore even more than I did before. I enjoyed spending a few hours hanging out with Matthew Tannenbaum, the owner of The Bookstore in Lenox, MA, as he works to keep his bookstore afloat during COVID. In a time that already feels so far away, this reminded me of the languid days of quarantine and also made me happy that people like Matthew and his bookstore exist in the world. I want to make a pilgrimage to his store after watching this. If you want to see the ins and outs of having an impact and becoming a beloved part of a community, this is a worthwhile watch. I enjoyed it.

Interviewing Bill Gurley by Tim Ferriss (Podcast)

I’m not a big podcast listener, but every so often I stumble on an episode that excites me. Bill Gurley has a great mind, so I was pumped to listen to this interview, and it didn’t disappoint. He drops a ton of value in this that had me digging into the show notes to learn more. I’m not a silicon valley guy or a venture capitalist, so I enjoy learning how VCs evaluate the future. Bill’s no-nonsense and animated conversation style brings a lot of energy to a lot of topics. He also dives into Michael Porter’s, whose book Competitive Strategy is one of my all-time favorite business books. It's worth a listen.

Quote I'm Pondering

People and pets enjoying snow in a park

"The essence of strategy is choosing what not to do."

Michael Porter