Hosted by: Holland Henderson Special guest: Chris Hammond

In this episode, the discussion is about stewardship, and several examples are analyzed to differentiate between responsible and irresponsible stewardship when it comes to finances. We make predictions on how California will handle its surplus and use the Alaska Permanent Fund as an example of responsible stewardship. We reflect on the evolution of energy over the last 100 years, from the days of whale hunting to coal, gas, and solar. Stewardship is the common thread in this episode, and being responsible is critical as technology continues to plot us forward to prepare for future generations.

In this episode we cover:

• California surplus (3:18)
• Explanation of the Alaska Permanent Fund (6:25)
• The Evolution of Energy (12:00)
• Technology has propelled us forward (14:58)
• Holland’s personal family story (16:30)
• Difference between short term realities and long-term planning for forward generations (16:09)
• Discussion of the history of Enron (19:35)
• The closer you are to the investment, the less risky it seems (24:24)
• How being a fiduciary pertains to responsible stewardship (26:00)
• A key to responsible stewardship is check and balances (28:30)
• How do you plan for a legacy (35:48)

Links From the Show:

Allen & Company
Stewardship
Alaska Permanent Fund
Diversification
Fiduciary
Your Legacy

Connect with:

Holland Henderson – Financial Advisor at Allen & Company
Allen & Company – Holland Henderson
LinkedIn – Holland Henderson

Chris Hammond  -CFA®, Portfolio Manager at Allen & Company
Allen & Company – Chris Hammond
LinkedIn – Chris Hammond

The opinions voiced in this program are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult an appropriate qualified professional prior to making a decision.