Yesterday, classes ended in my learning-in-retirement program. As usual, I took classes in subjects I know nothing about. I figure it’s never too late to learn something new.
As a result, I can boast that I have read all 577 pages of Thomas Picketty’s Capital in the 21st Century, his 2014 best seller that has reportedly been bought by many, but read by few. Fortunately, in retirement-learning, there are no final exams, but I actually learned a lot. And, it will be impressive to have that book prominently displayed, and looking like it’s been read, on our living room bookshelf. Our teacher, a semi-retired economics professor at MIT, claims that he learned something from our class too.
My other class was about how corporations work. The dozen or so students were happy to defer to the vast knowledge of our teacher, a lawyer who worked in government at the SEC, the private sector for a law firm and taught in a graduate business school. We learned how to form corporations (easy), how they are financed (pretty easy), and how they are governed (slightly complicated). We studied financial markets, takeovers, overseas operations and more (increasingly complicated). We got off on tangents about things like customer service, privacy and hiding funds in the Cayman Islands. We laughed a lot.
I’m not sure what I’ll do with all this knowledge. But isn’t it nice to have it?