Books for Your 2021 Summer Reading List

Key Wealth Institute Team

Books for Your 2021 Summer Reading List

Summer is a great time to catch up on our reading. Books that help us develop skills and enhance our knowledge of the world — especially those that are well-written — deserve a place on the perfect summer reading list.

We asked several Key Private Bank Wealth Institute team members for books that they think our readers might enjoy. Here’s what they are recommending:

“Sooly” by John Grisham
Joe Velkos, CPA, Tax Director

John Grisham once again takes readers to court, but this time it’s a basketball court. “Sooly” is a powerful novel about a desperate young refugee who is invited to travel from South Sudan to a basketball camp in the United States. “While at the camp, his village back home is destroyed during a civil war, leaving his family broken,” said Joe Velkos. “It’s a moving read about hope and Sooly’s efforts to rescue his loved ones.”

“Talking to Strangers: What We Should Know about the People We Don’t Know” by Malcolm Gladwell
Joanne Smallwood, Key Wealth Institute - Editorial Chair

Gladwell believes that something is very wrong with the tools and strategies we use to make sense of people we don’t know. “That comes with a high cost,” said Joanne Smallwood. “Gladwell argues that because we don’t know how to talk to strangers, we invite conflict and misunderstanding in ways that have a profound effect on our lives and our world.” The book offers insightful advice on how to make those conversations go right.

"Empty Mansions: The Mysterious Life of Huguette Clark and the Spending of a Great American Fortune” by Bill Dedman and Paul Clark Newell, Jr.
Daryl L. Gordon, JD, Regional Director of Trust

Daryl Gordon highly recommends “Empty Mansions,” the story about recluse billionaire Huguette Clark who lived the last 30 years of her life in a hospital room. She had no children, and family members came out of the woodwork to visit her in the hospital and try to gain access to her fortune. “It’s an entertaining book, and the new edition includes fascinating details in the estate filings and a description of the outcome,” Daryl remarks.

“The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy” by James Montier
Daniel E. Fiedler, CFA, Senior Portfolio Manager

Behavioral traits like bias and overconfidence can cause investors to lose money or achieve lower returns. ”The Little Book of Behavioral Investing” will enable investors to identify and address behavioral traits that hinder their investing and show them how to improve their chances of achieving superior returns. “It’s a great book for anyone who wants to understand the interplay between human nature and financial markets,” said Dan Fiedler. “And it’s a fun read to boot.”

“The Happiness Advantage” by Shawn Achor
Tina A. Myers, CFP®, CPA/PFS, MTax, AEP®, Director of Financial Planning

“I purchased this book immediately after hearing Shawn Achor speak at a conference,” said Tina Myers. A New York Times bestselling author, Achor writes about rewiring our brains for happiness.

The “Happiness Advantage” addresses how to change our mindset and habits to increase positivity, happiness, and success in our careers and lives. “With the year we have been through, this could refuel some folks,” Tina added.

“Borrowed from Your Grandchildren: The Evolution of 100-Year Family Enterprises” by Dennis T. Jaffe
Anne Marie Levin, JD, LL.M, HDPTM, Director of Family Wealth Consulting - National Practice Leader for Family Wealth Legacy Planning Services

“Borrowed from Your Grandchildren” shares the real-life stories of families that generate rather than reduce their wealth across generations. “Jaffe reminds me why it matters that I remain intentional and tenacious as I help families develop all their sources of capital — human, intellectual, social, and spiritual/legacy,” said Anne Marie Levin. “I believe that financial capital is important but only to the extent that it supports and develops the other four sources of capital.”

“In the Company of Family: How to Thrive When Business Is Personal” by Melissa Mitchell-Blitch
Renee Porter-Medley, CFP®, Regional Planning Strategist

“In the Company of Family” explores the challenges faced by family members who work together and how to navigate differences, and the multiple roles each one plays. “The author is a fellow member of the Purposeful Planning Institute and a consultant I admire,” Renee Porter-Medley said. “Her book shows readers how to achieve balance in their lives as they enhance family relationships, individual well-being, and business vitality.“

"Rethinking Success: Eight Essential Practices for Finding Meaning in Work and Life” by J. Douglas Holladay
George Mateyo, Chief Investment Officer

“Rethinking Success” has much to teach readers about finding meaning and purpose in their lives as they achieve success in their professions. “It’s all too common today to hear high achievers say that they have lost focus on what is most important in their lives,” said George Mateyo. “Holladay shows us how to do well in our careers while maintaining the values and beliefs that we cherish.”

Whatever you choose to include on your reading list, we hope that the books add pleasure, information, and entertainment to your summer. And if you come across something that you especially enjoy, please pass the name along to us: We’re always on the hunt for good books!

For additional recommendations or to pass along your own, please contact your Key Private Bank Advisor.

Publish Date: June 22, 2021.

Any opinions, projections, or recommendations contained herein are subject to change without notice and are not intended as individual investment advice.

This material is presented for informational purposes only and should not be construed as individual tax or financial advice.

KeyBank does not provide legal advice.

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