Today’s brew discusses the impact of decision fatigue, some new trends in the investment space, and the new complications arising out of Bring Your Own Device in the post-pandemic era. Also, check out my book notes on Atomic Habits. Enjoy!
Leadership
The Economist posted an article detailing studies on decision fatigue. As an example, it looked at how loan officers would make credit decisions throughout the day, how those decisions changed as the day wore on, including decision patterns after a break. The study showed that as fatigue sets in, people revert to their default behavior, which may not always be optimal decision-making.
TNW wrote about the rise of the “non-specialist” entrepreneur. A type of founder who starts a company in an industry they are not familiar with but are looking to disrupt. This lack of knowledge of the industry creates an imperative for the founder to listen to their customers and others who know the industry well.
Finance
Morningstar writes about new trends occurring in the Asset Management space, and how the different generations from Boomers to Millennials are demanding different things out of their Asset Managers. Boomers were more demanding of lower fund fees, which led to the rise of ETFs and Index Funds. Now Millennials are demanding funds to invest in socially conscious companies.
Vanguard’s entry into Private Equity is an interesting move, considering Vanguard has positioned itself to serve individual investors. However, their interest in Private Equity seems to relate more to making these funds accessible to the everyday person. Interesting space to watch.
Tech
ReadWrite posted on Medium about the rise of End User Computing in the age of Post-Covid. End-User Computing involves Bring Your Own Device (BYOD), which more workers are demanding. Corporate IT can save costs around this, but also has to consider security.