Episode Details

#Sneakers #Tesla #Russia #AnnieDuke #Quit #Vanguard #Truist #CustomerService #Watercooler #WorkFromHome #DataManagement #Hacking #IDTheft #TaxSeason #CharteredAccountants #CPAs #TheTsarTank
Hey....we could hash tag the dog out of this, but that's enough for today.  Enjoy!

Annie Duke's Books - Recommended by Paul Grant Truesdell, Sr.
Thinking in Bets,
The Middle Zone
How to Decide: Simple Tools for Making Better Choices
Quit: The Power of Knowing When to Walk Away

Sponsor: Truesdell Wealth, Inc. - Registered Investment Advisor
Disclaimer: Due to our extensive holdings and our clients, you should assume that we have a position in all companies discussed and that a conflict of interest exists. The information presented is provided for informational purposes only. Truesdell Wealth, Incorporated, is a Registered Investment Advisor.

SUMMARY

Paul Grant Truesdell, J.D., AIF and Paul Truesdell, II discussed various topics, including the significance of recognizing when to quit in business and personal life, the prevalence of corruption in Russian and Chinese military organizations, the challenges of transitioning to remote work during the COVID-19 pandemic, and the importance of balancing what can be counted with what counts in the context of innovation and technology. They shared their personal experiences and observations, highlighting the need for adaptation in the face of continuous challenges.

Outline

Quitting and the importance of knowing when to stop.

• Truesdell discusses quitting and the importance of moving on.

• Annie Duke's book "Quit" explores the importance of knowing when to quit, with insights from her experience as a poker champion.

Corruption within the Russian military.

• Truesdell criticizes Russian military incompetence and corruption.

• Wagner soldiers report drug use within their ranks, leading to investigation and potential execution of those who exposed the issue.

• Paul Truesdell, II: Corruption in military industrial complex happens after service, with ex-military personnel profiting from connections and information.

• Paul Grant Truesdell, J.D., AIF: Corruption in military industrial complex is complex, with both pros and cons, and can be seen as design by committee or actual experience on the ground.

Corruption, military capabilities, and tank technology in Venezuela and Russia.

• Paul Truesdell, II: Venezuela's corruption is systemic, unable to invade neighboring countries.

• Paul Grant Truesdell, J.D., AIF: Potemkin villages and parades, fake military strength in Venezuela and other countries.

• Truesdell and Truesdell discuss the history and development of tanks, including the Tsar Tank, with a focus on Russia's involvement.

• Truesdell discusses how organizations managed remote work during COVID-19 pandemic.

Customer support in the financial services industry, including challenges and solutions.

• Paul Truesdell, II discusses the challenges of securing access to information within a company with multiple offices and employees.

• Paul Grant Truesdell, J.D., AIF recalls a past experience with hiring CPAs in India for tax services due to the internet's ability to transfer data globally.

• Identity theft is a major concern during tax season, particularly for accounting firms.

• Paul Truesdell, II explains how customer support teams have evolved, with a focus on technical expertise and specialized knowledge.

• Paul Grant Truesdell, J.D., AIF discusses the challenges of providing effective customer support in the financial services industry, including siloed responses and security risks.<