...excerpt from Mo Lidsky's latest book, Partners in Preservation With the advent of countless technologies that have put infinitely more information at our fingertips, we have become no better at economic predictions. There are those that sell the message that not only do we perfectly understand what is happening today but we are also pretty damn confident about what it will mean for the future. Whether it’s on Bloomberg, CNBC, BNN (in Canada), or any other channel that prop

...excerpt from Mo Lidsky's latest book, Partners in Preservation Imagine if your doctor was compensated based on the medicines you purchased or how often you changed medications. Or imagine if your lawyer was compensated based on the lawsuits you engaged in. This compensation model can only create toxic dynamics, and in the world of financial advisors, it incentivizes handing money to the advisor or buying investment products. It's hard to see how any advice offered under su

All the years we lived in this house I knew about it. Yet, I ignored it. First, it was a small moldy patch in the washroom ceiling. Then an occasional drip in my home office. I knew that my kids’ bathroom had a barely visible pathway to the floors below, but I ignored it. Until tonight. It was an idyllic Sunday afternoon. I was watching an SNL clip with my daughters in the living room, waiting for dinner to warm up. Suddenly, I hear the misplaced sounds of drips. Within seco

..excerpt from Mo Lidsky's latest book, Partners in Preservation On July 3, 2013, the Egyptian military overthrew the Islamist-run government of Mohamed Morsi. For months, the United States debated whether to term it a coup or a revolution. What hung in the balance of those two words was $1.5 billion in aid, which Egypt would lose if the US government labeled it a coup. This is an extreme example of how important it is that all parties correctly understand the terminology at