Finopotamus’ Post

My favorite excerpt from Warren Buffett’s Annual Letter….. He’s talking about Bertie, his sister, who he notes is a source of wisdom for him and sounding board for business principles….. “Bertie, like most of you, understands many accounting terms, but she is not ready for a CPA exam. She follows business news – reading four newspapers daily – but doesn’t consider herself an economic expert. She is sensible – very sensible – instinctively knowing that pundits should always be ignored. After all, if she could reliably predict tomorrow’s winners, would she freely share her valuable insights and thereby increase competitive buying? That would be like finding gold and then handing a map to the neighbors showing its location.” Those that have survived multiple decades in the world of business understand it’s cyclality. Ups and Downs. The market will revert to the means. Things change, but wisdom and common sense will normally win more in the end. We will all do ourselves a favor to read the wisdom and seek the mentorship of those who have seen it all. #investing #wealthadvisors #wealthmanagement #financialplanning

This is an exciting week as #dovetailer Andy Boian joins client partner, Community Financial Credit Union, at The Mackinac Policy Conference! CFCU is dedicated to keeping credit union members at the forefront of conversations about economic policy as it relates to equity in financial services. This conference brings leaders together to discuss Michigan's economic future and growth and covers crucial topics like infrastructure, business attraction, education improvement, workforce readiness, and leading with innovation and equity. Here's to a productive week filled with impactful discussions! #MackinacPolicyConference #EconomicGrowth #FinancialServices #CommunityLeadership

Edgeworth Principal Sushrut Jain will speak on this upcoming "Class Action Litigation" webcast where he will present on recent developments and best practices in class action litigation. Don't miss the opportunity to learn from Sush's experience in this field!

The first quarter of the year is the perfect time for credit union leadership to shape their 2024 strategic plans. By using the Political, Economic, Social, Technological and Industry (PESTI) analysis, to a Strengths, Weaknesses, Opportunities and Threats (SWOT) matrix and change agenda outlined in this article, credit union leaders can help develop strategic frameworks for reaching their 2024 goals. Read the full article https://lnkd.in/gnDKZnbW

In the latest blog post from Joe Moynihan, CEO of Jersey Finance, he explores the importance of Jersey’s MONEYVAL assessment outcome and why it matters for international finance centres like Jersey. He also explains why MONEYVAL is not a one-off evaluation, but a long-term commitment to excellence. Emphasising dedication to transparency, global compliance and continuous improvement in financial regulations - vital factors which will sustain Jersey’s world-class reputation. Read more: https://jsy.fi/3N4otSD #Compliance #MONEYVAL #FinancialRegulation #Leadership #GlobalStandards

Scranton Financial Group’s leadership team had their year-end strategic meeting to work towards helping clients achieve their financial goals with investing for income. #scrantonfinancialgroup #finance #financialliteracy #incomestreams

🌟 CEO Tonita Webb’s Vision on Closing the Wealth Gap 🌟 Verity Credit Union’s CEO, Dr. Tonita Webb, DBA, CCE, CUDE, SPHR, is leading the charge with innovative ideas to close the wealth gap—and the impact could be massive. By addressing this gap, we could see up to an 8% increase in the nation’s GDP! 🙌🏽 “It’s not about race, it’s about power,” says Dr. Webb, who recently earned her Ph.D. in business administration with a focus on this crucial issue. She believes that the economy is not like a pie with limited slices. Instead, there’s enough opportunity for everyone. Read the full article and be part of the solution by empowering communities and embracing the potential for shared prosperity. Huge thanks to Formidable Inc.! 🌱💼 https://lnkd.in/gu46cZuc #ClosingTheWealthGap #EconomicOpportunity #VerityDifference #EmpowerCommunities #EconomicEquity Financial Times Credit Union National Association Formidable Inc. ForbesBLK Black Leaders Worldwide™ The Seattle Times

There are many reasons why credit unions are simply a better way to bank & more relevant than ever: collective ownership, an individual Member’s right to vote and voice in forward strategy, people helping people, the direct return of revenue dollars as dividends, taking a financial chance on someone when banks can’t justify that to their stockholders, active participation in the commmunity which makes a real difference in the lives of neighbors in need, and a sharing of ideas/policies/procedures/programs so that all credit union members succeed (when other industries may simply see that as helping a competitor). But I think one of the very best reasons is the deliberate focus we place on our next generation of leaders, in giving them the training, tools, and bandwidth they need and deserve to make us even better tomorrow than we are today. Massive shout-out to the Cornerstone League, and a diverse group of talented Young Professionals (including our very own Controller Brittney Swain in the video below). We appreciate all that our YP’s do for us now, and will really enjoy watching them excel and pay it forward in the years to come.

Time to bust some Credit Union myths! Don’t believe everything you hear.👂 💬 Let’s separate fact from fiction with our own DEI Program Leader, Jennifer Jeffries, and other experts. #FIGFCU #CreditUnion #CreditUnionMyths #CreditUnionStrong #MemberOwned #CreditUnionLife #PersonalFinance #FinancialWellness #CreditUnionBenefits #CreditUnionProud #MemberServices #CreditUnionNation

A focused practice, where everything becomes second nature, can pay dividends for an attorney’s career and for the services they provide to clients. Learn more in this blog article from Collins & Lacy President & CEO, Christian Stegmaier (link in comments).