Chris Mays

Universal explainer and constructor. Aka Julie’s husband, and father of three. Anything not prohibited by the laws of physics is possible.

[Chris Mays @chrisamays]

@zerohedge One person’s asset is another person’s debt 🤣

[Chris Mays @chrisamays]

@MrFamilyOffice Not in full detail before they are fully mature. Mid thirties seems to be on average a good time. Education on how to be a good steward of wealth should start in early teens.

[Chris Mays @chrisamays]

@MrFamilyOffice 11 kids

[Chris Mays @chrisamays]

50,000 years ago a 160 foot meteorite struck the earth in Arizona- Barringer Crater - Amazing what you can see out of a commercial airliner

[Chris Mays @chrisamays]

@SJosephBurns What about this team:
Jack Bogel
Eugene Fama
David Booth

[Chris Mays @chrisamays]

@MrFamilyOffice Feels correct given the average net worth of the study but think it would be pretty different below $1B

[Chris Mays @chrisamays]

@MrFamilyOffice Singapore definitely punching above its weight

[Chris Mays @chrisamays]

@IBM The Satoshi Nakamoto X prize

[Chris Mays @chrisamays]

@thesamparr As an accounting professional to clients with $100m-$1B+ this is completely on point. There is a phase transition at $100m where you lose economic gravity and time becomes the most finite resource.

[Chris Mays @chrisamays]

@MrFamilyOffice It sounds attractive, flexible mandate, no capital raising responsibilities, diversified assets, diversified liabilities, but the concentration in owner’s equity is the downside - when you have only one LP are you genuinely the the GP?

[Chris Mays @chrisamays]

@BoringBiz_ This projection will likely not age well!

[Chris Mays @chrisamays]

Wonder if this factors in digital advsors?

[Boring_Business @BoringBiz_]

McKinsey estimates that we are about to enter a massive shortage of wealth management advisors in this country

With the looming retirement boom and one of the largest transfers of wealth in history through inheritance, younger folks are simply not ready to manage these assets

[Chris Mays @chrisamays]

@MrFamilyOffice And fastest growing segment of wealth overall

[Chris Mays @chrisamays]

@Andercot Low cost ferritic alloy bolts are less expensive too

[Chris Mays @chrisamays]

@MrFamilyOffice Wonder if London would still make the list post April 6th tax change?

[Chris Mays @chrisamays]

@MrFamilyOffice I agree at least in part. Banking regulations limit the ability for these institutions to provide essential aspects of the service that wealthy families desire.

[Chris Mays @chrisamays]

@slow_food @Plinz Seriously! But you gave me a good laugh

[Chris Mays @chrisamays]

@slow_food @Plinz Isn’t .100 like 10%

[Chris Mays @chrisamays]

@MrFamilyOffice No they can do what they want. That is the freedom of success. But if they do, it’s fine too!

[Chris Mays @chrisamays]

@dela3499 @ToKTeacher @ReidN I am looking forward to the episode