Page 8 - Boca ViewPointe - July '19
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Page 8, Viewpointe                                                    July 2019


       Our Youth, Our Legacy: Engaging Nature Everyday



       By Steve Handwerker                                  Dr. Steven E. Handwerker is a Board Certified   lectured at the  American Psychological  Association
                                                         Licensed Psychologist in four states (NY, FL, SD, VT)   International Conventions for over 20 years sharing
          One recent study in the                        still in practice after 40 years counseling individuals,   his experience to students and colleagues across 150
       UK showed that the average                        families and groups worldwide. He is a Supreme Court   programs. Dr. Handwerker is committed to the protection
       child spends less time                            Family Mediator and is a member of the Professional   of our environment and the conservation of the precious
       outdoors than the average                         and Scientific Board of the National Center for Crisis   and limited resources of the ecosystems that comprise
       prisoner!!  We  know  that                        Management a part of Homeland Security. He has    our living planet, our home. 
       youth today really want
       the same things we wanted
       as kids: real adventure and
       opportunity to discover the world around them with a   JICYMI from page 6                           would love to see what was actually said, without the
       curiosity and wonder about nature!! In many metropolitan                                            dimming of memories over time.”
       areas it’s the outdoors itself that has radically changed.   The Million Dollar Bet                    St.  Peter  immediately  ushered  the  Pope  to  the
       Urban areas and populations are expanding yet there are      That decision has been one of two investment   heavenly  library  and  explained  how  to  retrieve  the
       still plenty of patches of nature and open space to be   possibilities that have been mentioned in this series   various documents. The Pope was thrilled and settled
       experienced. The truth is there is little opportunity for   of articles. The other possibility also involves Warren   down to review the history of humanity’s relationship
       that kind of open ended exploration in and around cities   Buffett even though the fortune he has accumulated   with God.
       today. I believe children and our youth still would love   ($84.1 billion) consists entirely of Berkshire Hathaway      Two years later, a scream of anguish pierced the
       to explore nature IF it was available to them.      stock. As mentioned numerous times in this newspaper,   quiet of the library. Immediately several of the saints and
          In addition, today so many neighborhoods are sterile.   he has also been a strong advocate of a particular index   angels came running. They found the Pope pointing to
       New yards have little more than a manicured lawn and   fund as the best single investment for the average   a single word on a parchment, repeating over and over:
       a single tree. Many parks have lost the wildflowers that   investor.                                “There’s an ‘R’. There’s an ‘R’. There’s an ‘R’... It’s not
       attract bees and butterflies or native shrubs that create      Buffett has so much faith in that position that in 2008   CELIBATE, its CELEBRATE.”
       opportunities for hide and seek or lack the undeveloped   he placed a $1 million bet with New York asset manager,   Celebrate Option #2
       wooded areas that provide fallen branches and other   Protégé Partners, that over a ten-year period, a low-cost      If you really want something to celebrate, it’s
       means of building some impromptu fort. Many urban   S&P index fund will outperform the averaged returns   Warren Buffett’s following declaration in his most
       and suburban children today can not even get to a park.   of five hedge funds of funds (after all fees) that the firm   recent shareholder letter, emphasizing what he has
       According to the Trust for Public Land the average large   carefully picked for the contest. Now, at the end of 2013,   been  advocating  for  years.  If  what follows, a most
       U.S. city allows for about 9% of its land to parks. To add   Vanguard’s Admiral shares — the S&P index fund that’s   personal admission, posted in the most public manner
       insult to injury it is so often the case that unstructured time   carrying Buffett’s colors — were up for the six years   possible, doesn’t convince you that what I have
       spent in nature has been replaced with highly structured   that began Jan. 1, 2008 by 43.8%. For the same period,   been citing as option #2 throughout this series is
       activities, like a lesson with an instrument or a team sport   Protégé’s five funds of funds, on the average, gained only   advantageous, nothing will.
       where rules and outcomes are determined by adults, often   by an estimated 12.5%. Go Buffett!!         Buffett states: “My money, I should add, is where my
       highly competitive ones. Children and their needs have      (By the end of 2018, the end of the bet on Dec. 31,   mouth is: What I advise here is essentially identical to
       not  changed  the  world WE have created for  them has   $1 million invested in the funds chosen by Seides would   certain instructions I’ve laid out in my will. One bequest
       changed! Adults have taken most of those opportunities   have gained $220,000 in the same time period Buffett’s   provides that cash will be delivered to a trustee for my
       away and it is up to us to put them back!! HOW?!? Infuse   low-fee investment would have earned $854,000.)  wife’s benefit. (I have to use cash for individual bequests,
       more nature into cities and towns. Plant more trees to   The Real Shocker                           because all of my Berkshire Hathaway shares will be
       create that creative natural environment and also absorb      If you can stand one more joke, the shock and surprise   fully distributed to certain philanthropic organizations
       polluted stormwater or provide protection from climate   that Buffett’s decision provoked is similar to what   over the 10 years following the closing of my estate.)
       changing conditions such as floods.                 happened when a beloved Pope died and went to heaven.   My advice to the trustee could not be more simple: Put
          There is no one correct way to explore and respect   Saint Peter greeted him in a firm embrace. “Welcome your   10% of the cash in short-term government bonds and
       NATURE! We just need to focus on providing nature based   holiness, your dedication and unselfishness in serving   90% in a very low-cost S&P 500 index fund. (I suggest
       experiences, every day, that will enrich young lives and   your fellow man during your life has earned you great   Vanguard’s.) I believe the trust’s long-term results from
       provide a means for greater resiliency and adaptability in   stature in heaven. You may pass through the gates without   this policy will be superior to those attained by most
       the face of ongoing, changing, and challenging climatic   delay and are granted free access to all parts of heaven.   investors –– whether pension funds, institutions, or
       conditions!! Doing so improves the health and mental   Is there anything special which your holiness desires?”  individuals –– who employ high-fee managers.”
       well-being of our youth; expands their creativity and      “Well, yes,” the Pope replied. “I have often      Now That’s As Good As It Gets!
       helps nature. Our legacy is our youth as they will be the   pondered some of the mysteries which have puzzled
       stewards of our natural world and it is up to you to help   and confounded theologians through the ages. Are      For copies of this and other articles that have
       them learn to love and respect and care for it.     there perhaps any transcripts that recorded the actual   appeared in this column, go to bobkronish.blogspot.com.
                                                           conversations between God and the prophets of old? I   Send comments to bobkro@hotmail.com. 





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