In a recent series of conversations about managing family offices including meetings with some really smart people in this part of the world, I not only learned a lot but also enjoyed a few chuckles along the way. Well, managing wealth might be serious business but it does not mean we cannot laugh at the occasional chaos it brings.
The people I met brought a wealth of insight, blending their expertise with a keen understanding of local and global markets. While I may be one of the “small guys” in this field, the depth of experience I bring allowed me to contribute meaningfully to the lively conversation.
While size matters in some areas, nothing replaces experience. It is what allows us to look at the bigger picture, ask the right questions and offer insights that even the big boys sometimes overlook. Our discussions covered everything from tax strategies to the challenges of investing in alternative investments such as hedge funds.
A banker joked that Investing in cryptocurrency is a lot like teaching your teenager to drive. You are filled with a mix of excitement and apprehension, constantly wondering if you are making the right turn. Another investor argued that cryptocurrencies deserve a place at the family office table, a sentiment with which I fully agree.
The meetings left me inspired by the diversity of ideas and approaches being applied to family offices. These discussions reminded me of how dynamic and sometimes absurdly entertaining the world of family offices can be.