Musings from the CU Suite

Compiled by Anthony Demangone, Powered by NAFCU

I’m listening to the Tim Ferriss Show – a podcast – where he’s interviewing George Mumford. Mumford is a “mindfulness coach,” who has lived a fairly amazing life. What caught my eye for sharing was a comment he made on Michael Jordan, who Mumford worked with after the Bulls had won three consecutive NBA titles.

The first time he saw Jordan practice, he was amazed. Jordan played, according to Mumford, like he was trying to make the team. Every rep, every drill – he pushed for perfection. From the beginning of the practice until it ended.

Give the podcast a listen. Mumford drops quite a few gems.

Now on to this week’s reading pile.

• Last week, Virginia was the latest state to legalize recreational use of marijuana. As financial institutions react to the changing landscape, what are the pros and cons of marijuana banking? Here is a NAFCU’s brief that can help. (NAFCU)
• World seems too big? Radio Garden allows you to listen to local radio from anywhere in the world. Great for practicing foreign languages. Or to listen to your hometown radio station when you get the urge. (Radio Garden) The link I chose comes from Aosta, my great-grandfather’s hometown in Italy.
• Leading by design. (McKinsey Quarterly Companies that focus more on design, make more money.
• Everyone is rational. (Godin)
• There are 45 cryptocurrencies with a market cap greater than $1 billion. (The Irrelevant Investor)
• Companies cannot stop talking about higher costs on earning calls. (Yahoo Finance)
• What will happen with all those empty offices and hotels? (NYT)
• What spending data tells us about the pandemic recovery. (Recode)
• There is no excuse not to respond to a customer. (Hyken)
• Reject this myth about management before it’s too late. (Leadership Freak)

On behalf of all of us at NAFCU – have a wonderful weekend. Reach out if you need anything. As always, we’re here to help.

-          Anthony