*|MC_PREVIEW_TEXT|* https://preservewm.com We've been keeping up with the latest headlines... here are two of our favorites worth sharing. ** Your Money ------------------------------------------------------------ Some of the most successful investments are made when the need for capital outstrips what is available. Do you remember when Warren Buffett handed General Electric $3 billion of vital cash at the height of the financial crisis? He got a 10% dividend and stock warrants, making a quick 50% over the deal's life. GE was not in a negotiating position. "Insurance is expensive, especially when you buy it from Warren Buffet," a significant GE shareholder said. Experts now consider private equity secondary transactions as an investment area where supply outpaces demand. But what are they? Private equity secondaries refer to transactions in which an investor buys an existing interest from primary (original) private equity fund investors. Secondaries have become an increasingly appealing segment of the private equity market, as they allow flexibility for original investors who may want to liquidate or rebalance a portfolio. Buyers of secondaries, meanwhile, may benefit from shorter duration and faster return of capital, potentially discounted access, and enhanced transparency into the underlying portfolio or assets. At PWM, we diversify public stock and bond portfolios with private equity and private credit when appropriate. Private equity secondaries have become a larger slice of our various private equity strategies. Understanding Secondaries (4 min video) (https://pws.blackstone.com/education-insights/blackstone-university/secondaries/) source: Blackstone University Online ** Your Life ------------------------------------------------------------ Here’s news that will thrill all the gamers out there. There are benefits to video games and virtual reality for Seniors (55+). It’s estimated that about 15% of people who play video games are over 55. Benefits to seniors include better emotional well-being, improved balance, enhanced cognitive ability, reduced risk of Alzheimer’s, and joy through playing. Plus, I will add, it can be good exercise, no matter what the weather. Technology for Seniors: The Benefits of Video Games & VR (https://blog.thegoodmangroup.com/best-video-games-for-seniors) source: The Goodman Group https://www.linkedin.com/in/danheth/ https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/ ** Complexity Simplified ------------------------------------------------------------ Human connection is critical. It can help improve physical and mental health, build relationships and trust, and create a sense of community and belonging. Regular interactions with other people can reduce stress, anxiety, and depression and can help boost self-confidence and self-esteem. Here are 15 of the best friendship apps to make friends in 2023. 15 Best Friendship Apps To Make Friends in 2023 (https://www.scienceofpeople.com/best-friendship-apps/) by Logan Hailey ** Trivia ------------------------------------------------------------ A: Good Will Hunting Q: What was the first Disney animated film based on the life of a real person? https://www.youtube.com/watch?v=SwYN7mTi6HM ** Back in 1984, this song reached #1 ------------------------------------------------------------ ============================================================ ** Facebook (https://www.facebook.com/preservewm) ** Twitter (https://twitter.com/preservewm) ** LinkedIn (https://www.linkedin.com/company/preservewm/about/) Copyright © *|CURRENT_YEAR|* *|LIST:COMPANY|*, All rights reserved. This email was sent to *|EMAIL|* (mailto:*|EMAIL|*) why did I get this? (*|ABOUT_LIST|*) unsubscribe from this list (*|UNSUB|*) update subscription preferences (*|UPDATE_PROFILE|*) *|LIST_ADDRESSLINE_TEXT|* *|REWARDS_TEXT|*

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