“Nothing in life is as important as you think it is while you are thinking about it.” – Daniel Kahneman
I have a tendency to think a lot. Finding most things fascinating, it doesn’t take much to get me started thinking about anything. There really is magic in almost every aspect of existence. Granted, when I start thinking about something my body may be doing at some random instance, such as if I feel a little point of pain or have a temporary skin discoloration, then Libby and Craig like to make fun of me. They over-dramatize my statements and brand me a hypochondriac. Truthfully though, I just like to think about things, even if that’s just my body’s small quirks. What I truly love to think about, though, is people… especially their thoughts and behaviors. When you get down to it, we are a weird bunch. One subject I’ve been really focused on recently is to what extent my personal thoughts and way of thinking have changed as I’ve aged… and then thinking about that in terms of people in general. I’m obviously growing older (46), but I’m at a point in my life where I have some bit of experience, and yet I haven’t fully put my foot down to state, “that’s because I’m right and you’re wrong and that’s all there is to it.” A week ago, my wife Robyn and I joined our son Carter at his school’s Title 1: Math Night event. This event has been happening for years. Parents of elementary school kids are invited to participate along with their children in various math challenges. It gives the opportunity for the kids to show off what math skills they have been acquiring to their parents, but it’s also a chance for parents and children to learn and work together. Most importantly, children get to see their parents become a visible and collaborative part of their educational experience.
The event was a lot of fun. The night started off with everyone meeting in the cafeteria. While eating Papa John’s pizza and cookies, the audience was entertained by a song from the fourth and fifth graders’ production of Winnie-the-Pooh. After that, families wandered the school, shoulder to shoulder, crowding into classrooms where the various math challenges were broken up by grade-level. I am proud to report to you all that I was able to understand most of the fundamental elementary math… however it took Carter’s not so patient instruction for his mom and dad to understand what was being asked from the problems. I know you are all excited that we’re finally getting into tax season! Okay… maybe that’s not the case for most of you. Oddly enough, I actually enjoy the physical act of doing my taxes, and I know I have my dad to thank for that. Justin and I were just talking yesterday about how Dad made us do our own taxes every year starting when we got our first jobs at age 16. We’d get the paper forms and instructions from the library, and go line by line, figuring it all out, calling out for Dad if we didn’t understand something. Nowadays I still do my own taxes, but I use online software, as I’m sure many of you do. However, a couple of years ago I did the paper forms again just for the nostalgic fun of it. Anyway, because it’s that time again, I’m going to use this month’s letter to cover a few tax-related items.
Happy Thanksgiving to you all! Our whole team, including our mostly removed founder / chief armchair consultant, wish you and your family and friends all the very best. I’ve learned from speaking with many of you that Thanksgiving is a personal favorite holiday, and you are looking forward to having your extended families and friends brought together. Holidays are always times of joy, but sometimes as we grow older and see more and more of them, the excitement can slowly dull due to routine. However, with the continuing state of the world as it has been these past few years, I’ve found that holidays have become much more important to me. Sometimes we need an extra push to bring the people we love most together, and holiday celebrations give us that added push. They also provide a much-needed solace for us from the worry and fear we experience day-to-day, giving us the opportunity to be rejuvenated and to continue forward in our everyday trials. Not to mention, I just really love good food.
It’s once again that time when I’m responsible for writing our monthly letter to all of you. My favorite part of doing this task is that usually Justin lets me do it from home, as it’s hard for me to write in the often loud and busy environment of our office. An added perk of this is that my cat gets to lay beside me (or occasionally across my laptop) and “help.” A distraction, but a sweet one.
This month I’m going to write about compliance again, which I know is everyone’s favorite topic. For those of you who don’t know, I originally joined up with Anderson Griggs to help out with compliance, and eventually Dad passed the title of Chief Compliance Officer on to me. This means I’m responsible for keeping track of all the new regulations we’re subject to, filing all our annual paperwork and reports, and ensuring we have policies and procedures in place for everything under the sun. The first day of Autumn is this Saturday. Although our afternoons have been remaining stubbornly hotter than most probably want, the mornings have been refreshingly cool. I always look forward to this time of year. I enjoy the coloring of the leaves of course, but I particularly like noticing how the changing schedule of the sun affects the world, both how it looks and how people adapt their own schedules to the difference.
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Kendall J. Anderson, CFA, Founder
Justin T. Anderson, President
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February 2024
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