Currency of the Heart
A Year of Investing, Death, Work, and Coins
Publication Year: 2002
“Here in a glittering series of personal essays, occasioned by the year of his father's death, Don Nichols transcends all of his distinguished books on investing by investing himself in a journal-like story of that year, eloquently bearing witness to the complex ways that his life, his thoughts, and his feelings were profoundly influenced by the legacy of loss. Anyone who cares about the ultimate significance of investment, work, and the intricacies of family life will surely find this a compelling book.”—Carl H. Klaus, author of Taking RetirementIn 1998, Don Nichols returned regularly to Iowa from his life and job in Washington, D.C., to be with his dying father and to oversee his parents‘ investments. A veteran investor and investment author, Nichols found that managing the portfolio entrusted to him brought a larger understanding of mortality, family, love, work, and the choices he had made as “an agri-kid who took the road out of town and kept going.” In this insightful and money-wise book that grew out of that experience, he merges the emotions of a dutiful son with the actions of a knowledgeable investor.
Nichols uses money in myriad forms—a grandfather‘s silver dollar, stocks and bonds, salaries, pallets of coins at the U.S. Mint, on-the-job dealings with coin collectors—as touchstones for reflections on relationships, motives, and a career "like one of those moving walkways in airports." His father's health is measured, tested, and evaluated in part by the health of his finances; at the same time, the turmoil and mystery surrounding both money and relationships are reflected in this memorable story.
Wry, unsentimental, and financially savvy, Currency of the Heart is about rediscovering family, managing a portfolio, honoring promises, grieving, and healing; it is about a father and a son who once “fought like medieval villagers in a Thirty Years‘ War” and the deepening bond between a middle-age son and his aging mother. It is a multilayered story for everyone who will manage, financially and emotionally, a parent's death.
Published by: University of Iowa Press
South Seas - Works Better, Costs Less
Download PDF (166.4 KB)
A coworker came into my ofﬁce today to declare the boom in Internet stocks is over. This is certainty, he said, because he’s ﬁnally bought some—nibbled at a few, is what he said. Ken is chief counsel where I work, a lawyer from Maryland, and our conversations about stocks often begin this way. He knocks tentatively on my door and asks, “Is the psychiatrist in?” Since this is early in a new year, I guess ...
Cheap Thrills - Speaks in Madness
Download PDF (222.0 KB)
Whatever collectors may or may not know about coins, the Mint has learned a lot about them. On average, our customers have purchased coins for longer than ten years. To a man, they are men: women don’t collect coins. They are Caucasian: African Americans, Hispanics, and Asians don’t collect coins, although Asians buy gold coins and Hispanics silver coins as ...
A Dollar in Hand - Every Picture Tells a Story
Download PDF (192.2 KB)
A good investment advisor reviews your portfolio with you at least once a year. Around your birthday, perhaps, when you’re prone to look things over anyway, perhaps decide to make changes or at least consciously realize you’re going to coast with things as they are. A little of both in any life and portfolio. It’s a few days before Mother’s birthday, and August is a good time to look at things in the light of day, ...
Sightline Books. The Iowa Series in Literary Nonfiction
Download PDF (31.2 KB)
Page Count: 219
Publication Year: 2002