• Nicholas Pihl

April Newsletter

This month, I recommend you check out Tim Ferriss's interview with Hugh Jackman. Besides playing Wolverine, Hugh Jackman has had an adventurous life. I found him thoughtful and surprisingly philosophical. Would recommend.

Next, you might have heard of the gif that sold for $580,000. Like me, you probably wondered, "Why? Just....why?" I'm still not totally sure. But what's interesting is that it is now possible to track ownership of digital assets (like the gif below). Similar to how people can own a work of art in the physical world, you can now own "art" in the digital world. Essentially, there's a large, public database keeping track of who owns what, and how much it sold for most recently.

This also allows people to own fractional shares of real world objects. I'm not sure if I'd want to be known as "the guy who paid $600,000 for a gif," but maybe it'd be cool to own a tiny piece of the Mona Lisa. And maybe those aren't such different things.

If you want to learn more about how this all works and what it means, Patrick O'Shaughnessy's interview with Jesse Walden is a good crash course.

Now feast your eyes on this $580,000 gif. Much like the Mona Lisa, I don't own it, but I do get to look at it.


Nicholas Pihl, CFP®

Pihl Financial Planning

Recent Posts

See All

How to retire early without cutting back on spending

People in their late 50s and early 60s face an interesting situation when it comes to retirement. On one hand, many of them don't have quite enough to quit working entirely. But on the other hand, the

What does a (great) advisor actually do?

I thought it would be fun to share some of the things I do for clients throughout the year. Notice that intelligent portfolio management is a part of my process, but note that it is only a part, and t