Navigating Wealth

Discover intriguing insights from a recent survey revealing that 20% of high net worth individuals don’t use CPAs, with 42% considering switching. The disparity in satisfaction between personal trainers and personal assistants is eye-opening, as trainers score 9.3 while assistants sit at 6.7. Explore the debate between AUM and fee-based wealth management models, along with the steep variation in estate planning costs. The hosts also navigate the future of family office services and the challenge of finding quality personal trainers.

David Gardner, co-founder of The Motley Fool and author of Rule Breaker Investing, shares insights on successful stock evaluation. He unveils four hidden factors driving long-term returns: CEO quality, brand strength, innovation capability, and corporate culture. Gardner believes 'overvalued' stocks can be a buy signal and discusses his unique 'losing to win' strategy, emphasizing that a few big successes can outweigh numerous losses. He also highlights the importance of innovation and brand value in assessing companies.

Long Angle is a private, vetted global community of accomplished entrepreneurs, executives, and professionals who have reached meaningful financial milestones and want to navigate wealth with peers who understand their challenges, opportunities, responsibilities, and ambitions.Hosted by the founders of the Long Angle community, Navigating Wealth is a podcast for founders, executives, and investor operators who have built significant wealth. Each episode features a guest with an unusual career journey and deep expertise across some aspect of the economy, investing, family, health, or lifestyle.Today's guest is Michael Horn, a leading education strategist, author, and researcher whose work focuses on how innovation can reshape learning outcomes. He has written extensively on technology in education, is the co-author of several books on the future of learning and workforce development, including "Job Moves: 9 Steps for Making Progress in Your Career", and publishes "The Future of Education" on Substack. Michael regularly advises schools, districts, and organizations navigating the intersection of pedagogy, technology, and workforce preparation.Key Topics Covered:• Why “wait until eighth” matters—and how Michael’s family balances screen access, iPads, and zero-phone policies while still allowing free play, neighborhood exploration, and responsible independence for their 11-year-old twins.• A staged model for introducing screens to kids, from interactive family-mediated use for young children to structured autonomy with clear household limits as they age.• How boredom can be a developmental advantage, fostering creativity and resilience, and why Michael sees it as a “privilege” rather than a problem to eliminate.• The tension between social belonging and device restrictions, including how group texts, after-school coordination, and school norms influence when kids need communication tools.• Why school-wide phone bans (bell-to-bell vs. full restrictions) are rising nationwide, and the nuanced trade-offs schools face enforcing them.• Michael’s critique of how ed-tech was deployed during COVID, and why simply layering technology on top of the traditional class model rarely produces meaningful learning gains.• A deeper look at experiential learning models like Alpha School, Acton Academy, and Summit Public Schools, and why mastery-based, project-driven structures can outperform conventional pacing.• How schools should rethink AI—not as “banned technology” but as a tool for targeted skill development, and why academic integrity rules will need to evolve alongside LLM use.• What the future of early-career work looks like in an AI-driven economy, including why entry-level roles are most vulnerable and why teens and college students must get real work experience far earlier.Links:• Apply to become a Long Angle member - https://www.longangle.com/apply-now-nw• Subscribe to get notified when we release new episodes: https://www.longangle.com/navigating-wealth-podcast• Download Long Angle 2025 Professional Services Report - https://www.longangle.com/research/high-net-worth-professional-servicesChapters:00:00 - Introduction02:10 - Debate on Screens, Gaming & Kids08:06 - Why “Wait Until 8th Grade” Works08:51 - Boredom Is a Superpower12:57 - Inside the New School Phone Bans20:39 - Alpha Schools, AI & The Future of Education26:40 - Why Teens Need Real Work Sooner46:59 - The Care Economy & Pursuing Passions48:31- Disposeable Income & Quality of Life50:15 - Social Dynamics in the School System53:21 - The Purpose of College Today01:00 - Where to Find More from Michael Horn

In this engaging discussion, Daniel Altman, a Harvard-trained economist and investor in professional soccer, shares his insights on the economics of women's sports, emphasizing how relatability is fueling growth in leagues like Canadian women's soccer. He navigates the complexities of MLS club valuations and European soccer promotion dynamics. Altman also tackles the effects of generative AI on both blue-collar and white-collar jobs, advocating for enhanced retraining systems to mitigate displacement risks and ensure future job growth.