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Professional athletes require unique financial planning due to the amount of compensation and timing of the earning career. Athletes, with their families, should create a financial plan that spans the playing career, transition to post-play career and long-term life goals.

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The Middle East Post World War I

Grande Armee invasion of Russia

Charles Minard’s graph follows Napolean’s Grande Armee thru it’s march to (tan color) and back from (black color) Moscow. Napoleon who understood the ‘friction of war’ started the campaign with approximately 600,000 soldiers. The black line shows the severity of the forced retreat with 20,000 some of his initial 600,000 troops eventually making it back to France.

Which brings me back to thinking about General Lee at Gettysburg, with his Calvary commander Jeb Stewart’s location unknown, all culminating in Pickett’s Charge.

Graph source: Wikipedia

On Grand Strategy

“It was in our strategical thinking, in the strategy of peace, that we made our mistakes. It was because our strategy was wrong that our tactics, whatever they were—and they were various—never worked out. And if now we do not develop a grand strategy of peace, we shall be wrong again—and we shall have another war.”

Richard Law, Parliamentary Under-Secretary of State for Foreign Affairs, March 1942

KCL Grand Strategy @KCL_CGS Apr 12