The Whitnell Way

Insights For Business Owners, Executives And Affluent Families

Viewing Blogs by Robert Peckenpaugh

How To Find Balance In Today’s Hectic World

Four Key Principles That Have Guided Me Well

I’ve been reflecting lately on the need for balance.  It often seems to me that the pace of life, especially as technology has connected us, makes finding balance a real challenge.  As a wealth manager, I’ve seen first-hand how balance produces great results for my clients.  I developed balanced investment portfolios for certain clients several decades ago.  These portfolios have helped them live the life of their dreams.  I find great satisfaction in serving these clients well. 

However, it’s not primarily investments that I want to focus on in this thought piece.  Balance in life is a lot like balance in an investment portfolio.  But life is so much more important.  I’ve tried to live my life with balance among four key areas: work, play, love and faith.  I believe that finding balance in these four areas produces a richness of soul that protects us from meaninglessness.  Here are my lessons learned. 

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How To Find Balance In Today’s Hectic World

Why We Need Leadership Now More Than Ever

What My Grandson’s Music Camp Experience Taught Me

The other day I was speaking with my 14-year old grandson about his experiences at a fine-arts program this summer.  This program inspires young people to excel in the arts and my grandson focused on piano performance and conducting.  He is a gifted young musician with a keen ear and has been a disciplined student of the piano for several years. 

This was his first experience in learning to conduct.  I asked him what he learned and his observations were insightful.  He said: “the conductor has to know the score and the players.  He gets acquainted with the players through rehearsal.  Every motion of his baton has to mean something.  The goal is to get the musicians to play like a team, where everyone is doing their part.  That’s how you make beautiful music.”

I pondered what he said and began to think about his statement in light of the challenges we face today.  I believe there has never been a more important time for effective leaders to step forward.  I’m not referring primarily to government leadership.  The very notion of what a leader is, what they value, how they act, what they say and what it means to lead – all of these concepts are under duress.  I submit for your consideration these 5 leadership principles my grandson taught me from his experiences learning to conduct an orchestra. 

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Why We Need Leadership Now More Than Ever

Why I Have Great Hope For The Future

It’s An Exciting Time To Be Alive

Some people turn on the evening news and watch stories that leave them with little hope for the future. I can certainly understand this. You and I could outline a litany of events that drain one’s confidence in the world as a good, safe and just place: terrorism, natural disasters, crime, political leaders who miss the mark and even scandals in the financial services industry.

It would be easy to be discouraged. But I have come to believe that one’s outlook about the future is a choice. You get to decide what you believe about the future. This is a choice that only you can make. I do not discount or deny the bad things that exist in the world. They are very real. But the good things that exist in the world are very real too. Hopefully, the good things will outweigh the bad things.

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Why I Have Great Hope For The Future

How To Think About Today’s Market

Perspectives On Investing Now

I’m thinking of an acquaintance who made some financial decisions that he wishes he could take back. Let’s call him Hal, which is not his real name. As an engineer, Hal had substantial wealth that he invested in the stock market. He watched the markets rise with glee. But in 2008 and 2009, when the markets tumbled, his emotions got the best of him and he sold everything.

After the market rebounded, Hal did not reinvest. He felt burned from the volatility. Needless to say, within a year, Hal had huge regrets.

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How To Think About Today’s Market

A Fable Of The Lion And The Deer

Who Is Your Partner In The Storms Of Life?

I read a lot, some novels but mostly non-fiction. I enjoy books on economics, history, biographies and psychology because they help me better understand how to put current happenings in perspective.

I’ve been re-reading Joseph de la Vega’s Confusion of Confusions. Joseph de la Vega was a successful merchant, poet, and philanthropist who lived in 17th century Amsterdam. Confusion of Confusions is considered to be the oldest book ever written on the stock exchange business and it made him famous. The book offers four principles which still hold water today.

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A Fable Of The Lion And The Deer

Five Ways to Pass on Wisdom to Younger Generations

Making the Most of Teaching Moments

As parents and grandparents, we would like to pass along our values to our children and grandchildren so they can live rewarding and meaningful lives. Most of us have a few simple goals for the younger generations. We want them to be independent so they can stand on their own two feet. We want them to be good critical thinkers so they can find their way through tough times that seem to come to all of us. We want them to be prudent financially, live within their means, make solid investments and position themselves to help others.

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Five Ways to Pass on Wisdom to Younger Generations

Pay It Forward

How To Be A Great Mentor

I’m sure that we’ve all had young persons in our companies who looked like they had potential but needed a little push to learn some of the things we had to learn to get ahead. Early in my career, I was fortunate to be mentored by a wonderful man who modeled for me the things I needed to know to become an investment professional, and what it looks like to be a successful mentor.

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Pay It Forward