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Top of Mind Thursday Memo Archive
Top of Mind Thursday – December 8, 2022: Resilient Warrior
It all started with the desire to do something musical in honor of Ukraine.
Polly van der Linde, owner of Sonatina Piano Camps, asked her students if they’d like to learn the music of Ukrainian composers. Dozens of people responded, and this quickly turned into a marathon recorded piano concert for humanitarian relief.
Not only did this effort raise more than $100K in funds, but it also created the most comprehensive collection of recorded Ukrainian piano music in existence. An association of music teachers asked Polly to characterize the music in order of difficulty, so they could give it to their students to play.
This week, Polly’s efforts in this area were recognized by Musical America in their special Resilient Warriors edition, honoring the 32 people who did the most to advance and promote the arts in 2022.
Check out the special edition here:
https://www.musicalamerica.
What a well-deserving honor for Polly, who has impacted the lives of thousands of musical students of all ages over the last several decades.
And what a powerful reminder of how the efforts of a few people can have such an incredible impact, as music helps heal the world.
Here’s the CBS Evening News report about the fundraising concert: https://www.youtube.com/watch?v=XaLTD08utK0
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Top of Mind Thursday – November 24, 2022: Thankful
Wishing you a happy Thanksgiving holiday–a time to be thankful for all we have in our lives.
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Top of Mind Thursday – November 17, 2022: The Laws of Nature
There’s a bit of panic in Silicon Valley these days. Tech companies from Meta/Facebook to Amazon to Twitter have announce large-scale layoffs–in some cases, for the first time in their history. Crypto is in freefall, with FTX declaring bankruptcy this past week.
Many younger members of the work force haven’t experienced a downturn like this, so it’s no surprise they’re alarmed. But those of us who have been around the block a few times understand that it’s called a business cycle, because nothing goes up for ever. What goes up has to eventually come back down.
But the word also cycle implies that we don’t stay stuck in the dumps forever, either. Downturns are a natural way to weed out those players that have expanded too quickly, or, like FTX, were built on an unsustainable value proposition.
I remember at one time Starbucks was adding locations so fast that there were literally Starbucks across the street from other Starbucks. The joke was there soon would be new Starbucks opening up inside the back of existing stores. Instead, they hit the brakes, retooled, and refocused on where they could be profitable–instead of focusing on growth as the only metric that mattered.
Once this downturn is over, we’ll still have Amazon and Facebook (though we may not all be in the Metaverse). Those companies that understand who their customers are and can show the value they provide will survive as stronger, albeit perhaps smaller, versions of themselves.
It’s the way the world works. I’ll bet a Grande Cappuccino on that.
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Top of Mind Thursday – November 10, 2022: Great Expectations
It’s a well-known fact that in the US, the party not in power always regains a significant number of seats in Congress during mid-term elections.
It’s a well-known fact that in the US, the party not in power always regains a significant number of seats in Congress during mid-term elections.
That’s what the pollsters and pundits were predicting for the election held this week. Except it didn’t happen.
While we’re still waiting on the final results, it looks at this point like the Republicans will regain control of the house by a very thin margin, and the Democrats have a good chance of holding the Senate by an even slimmer one.
What happened? Depending on who you listen to this was because the candidate quality in many races was poor. Or people rejected many of the candidates who were still denying the results of the last election. Or many people thought the right to abortion was just as important an issue as the current economic situation. Or some other reason that will be posited soon.
Regardless of why this happened, because the Republicans had predicted a big Red Wave, they had high expectations for what they would be able to do in the next Congress. If the results play out as it looks now, Washington will be split down the middle and we face the possibility of paralysis and indecision for the next two years.
Of course, this could be an opportunity for moderates on both sides to come together, reach across the divide, and try to work together for the benefit of their constituents and the country as a whole.
But based on what we’ve seen over the last decade, that might be expecting too much.
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linda@popky.com
(650) 281-4854
www.leverage2market.com