Having worked in the investment space and as an entrepreneur for many years I have often thought about what the most valuable asset class might be. Real Estate, Commodities, Stocks, FX, Bonds, Etc. But as I have thought about it over the years the conclusion I have come to is that TIME is the most valuable asset. Former Chief Justice of the Supreme Court, William Rehnquist, gave a commencement address about Time that everyone should read (Rehnquist Speech). In regards to time… Everyone has the same amount of it. You can never get more of it. Once it is gone you can’t get it back and you can’t change it. We spend trillions a year trying to prolong our lives through diet, exercise, and healthcare, but no matter what we do our time comes to an end.
Since time is so valuable and so limited we need to make sure we are doing all we can to optimize our time doing the things and being with the people we care about most. We need to consider how we are spending our time. Many of you may have similar stated priorities as I do: God, Family, Friends, and Work. Yet as we look at how we spend our time and where we focus our thoughts we unfortunately fall short of our goal. There is no need to dwell on the past, but as we go forward we need to continually ask ourselves if we are making the best use of this most valuable asset, TIME.