Talking to a lot of investment sponsors and “opinionated” investors, I’m often times struck by how binary their decision making process is.

Their “idea/product” is the greatest idea in the known universe and you would be stupid not to put all your money into it. Always a choice between A or B.

Why does this process – seem to be an either/or decision? Why does the concept of “I’m a hammer – and everything now looks like a nail” seem to be the prevailing motive?

In this modern world of decentralization of ideas, open platforms and smart people popping up everywhere, why can’t it be more collaborative? More of an “And” not an “Or”. Why can’t we have both?

We strive to find good ideas, that make sense for our clients and their needs. I don’t care where they are or where they come from. Software now allows us to report on all the holdings in a central place for our clients. You can now see what you own and how it performs in a central location.

Software isn’t just eating the world, it is now enabling people to see and understand more – creating less or and more and.

Bye for now.

Damien Lanyon

Damien is the founder and owner of Lanyon Advisory Services and has a extensive knowledge and experience in financial planning and wealth management.

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