Asset management is what we do — and this is How We Think.

A powerful motivator for many parents is a desire to have their children’s upbringing to be better than their own. Better schools, a nicer house, more toys, and better vacations are all things many of us wish for our kids to experience – especially if we didn’t have these things in our own childhood. I know this is certainly the case for me as a father of two.

And yet, there are many aspects of my childhood that I have become nostalgic about as I grow older. Certain things that I either didn’t enjoy or outright despised, I now remember fondly. In fact, I lament the fact that my kids will never be able to experience some of these things themselves.

An example will help explain. And, perhaps unexpectedly, I think it offers a valuable lesson about investing.