A recent survey of over 338 family offices shows that the world’s wealthiest families are increasingly directing their portfolios toward riskier assets rather than holding cash. According to Citi Private Bank’s 2024 Global Family Office Report, 43% of respondents increased their exposure to public and private equity, while half raised...

Among the 100 richest people in the United States, three sports billionaires have made their mark, with NBA legend Michael Jordan standing out as the only athlete to appear on the list of the wealthiest individuals in the country. Stanley Kroenke, a powerhouse in both sports and real estate, ranks...

What Drives Innovation: People or Ideas?  Ed Catmull, co-founder of Pixar Animation Studios, often asked whether people or ideas are more important for innovation. Surprisingly, many choose ideas. In today’s AI-driven world, even more might lean that way. Yet, innovation is driven by the people who bring ideas to life,...

It’s no secret that artificial intelligence (AI) has been around for a while, with machine learning and neural networks propelling innovation for many years. However, recent advancements in large language models (LLMs) have enabled significant improvements in Generative AI that are continuing to change the way we do business -...

“We are facing turbulent challenges.” “Navigating turbulent waters.” “There might be some turbulent times ahead.” “These are turbulent times.” Every business leader will tell you to expect the unexpected when building, launching, joining, or expanding a company. While economic and political trends can be forecasted and safeguarded against, what happens...

Professionally speaking, my venture into the world of CEO Peer Advisory Groups began in the spring of 2010 after accepting a position to lead corporate communication at Vistage Worldwide. In the wake of the 2008 financial crisis, Vistage had fallen off the national media stage, and the CEO wanted to...

How well do you know your negotiation style? Negotiation is as much about knowing yourself as it is about understanding others. Understanding what kind of negotiator you are and the negotiation style of others you’ll be negotiating with, both in your business and personal life, will put you in a...

The short-term rental market is experiencing a surge in demand, with platforms like Airbnb and Vrbo reporting record bookings. However, property owners are grappling with rising operational expenses, particularly energy costs. In regions with extreme weather conditions, heating and cooling expenses can become unpredictable and eat into profits. According to...

Property transactions in the U.S. housing market are at their lowest point in decades, with just 2.5% of homes changing hands in the first eight months of the year. This marks the lowest turnover rate in at least 30 years, according to an analysis by the online real estate brokerage...