Posts by Nicholas Hoffman and Company

Recently my oldest child lost her first tooth. After weeks of providing reassurance that the outcome would be survivable, despite the tooth becoming more and more wiggly, the tooth finally let go. We are thrilled to report that there were no tears, only a proud five-year-old holding a tiny tooth. What is this tooth worth,…

With the outdoor cycling season just around the corner, I thought I would do something different and decided to register for my first gravel bike ride adventure.  I have just bought a gravel bike which is a hybrid design between a road bike and a traditional mountain bike. Road bikes are designed for speed with…

A recent report from Harvard Business School (“The Happiness of Millionaires”) explored how wealth impacts happiness. The report looked at information relating more than four thousand millionaires across two extensive studies. The researchers addressed two questions: The findings offer insights into the complex relationship between money and happiness.  More Wealth Brings Only Modest Increases in…

I just returned from a trip to San Francisco, where I took a ride in a Waymo for the first time! For those of you unfamiliar with Waymo, these are driverless taxis. It was an incredible experience! As someone who believes in the powerful creativity of this country, I would like to share the following…

As 2025 gets underway, there are several key changes in tax and retirement regulations to know. Here’s an overview of the most interesting. Retirement Contributions The contribution limits for qualified retirement plans, including 401(k)s and 403(b)s, have increased by $500, bringing the new limit to $23,500. Individuals aged 50 or older can contribute an additional…

Would you like an extremely well-paid job for making forecasts that nobody seems to expect to be correct? Such jobs must exist because every year, major banks and brokerage houses produce ‘target ranges’ for the performance of the S&P index for the forthcoming calendar year. 2025 is no exception. From Goldman Sachs to Deutsche Bank…

Private equity managers have recently faced a challenging exit environment for the businesses held in their funds. Inflation, higher interest rates, and economic uncertainty have created headwinds, which have slowed exits and prolonged any release of liquidity for investors. Some of these challenges are now abating. Could private equity exit volume be poised for a…

Last Friday, Atlanta saw snow for the first time since 2018. Naturally, the city went into “bunker” mode. This gave me plenty of time at home over the weekend. There is something very peaceful about admiring the white landscape, all while enjoying a hot cup of coffee. I spent much of the time exercising the…

At our New Year’s Day dinner, my family took time to reflect on the life of President Jimmy Carter, who passed away on December 29th at the age of 100. While his presidency, his post-presidential work, and his legacy have been widely discussed and written about, the focus of our conversation centered on the relationship…

During playoff season, my son’s football team enjoyed a pregame meal at LongHorn Steakhouse. Just hearing the name brought back a flood of memories. LongHorn was where I had my very first job. I was 15 years old, determined, a little naïve, and I wouldn’t take no for an answer. Growing up in a small…