Tenzin Partners

Frank Noble, 86, retired from his demanding job in forestry in Australia when he was in his 50s. He said having hobbies, taking on part-time work, and traveling have helped him feel fulfilled. He also attributes his successful early retirement to having financial stability and no mortgage. At 86, he has now been retired for roughly the same amount of time as he worked. Looking back, he wouldn't change a thing and still would have chosen to retire early. After high school, Frank decided to pursue a career in forestry. He worked for the Forest Commission and was in charge of assessing pine plantations in many parts of Victoria, Australia. At the pinnacle of his career, he managed a team of up to 250 people, including four assistant regional managers who were exceptionally good at what they did. Frank didn't find his job stressful, but it was complex. He loved interacting with staff but always thought he'd retire early because the job was extremely demanding. Eventually, the Premier (the heads of the state governments in Australia) offered incentives for senior staff to retire. Source: Business Insider #EarlyRetirement #FinancialPlanning #Investing #RetirementAdvice #LiveBelowYourMeans #FinancialDiscipline #ActiveRetirement #MeaningfulLife #RetirementGoals #FinancialFreedom #ForestryCareer #Australia #LifeAfterRetirement #HobbiesAndTravel

On June 3, 2025, it will be 75 years since the first successful ascent of Annapurna by Maurice Herzog and Louis Lachenal. This historic climb marked the beginning of a new era in Himalayan mountaineering. Despite the popularity of the Annapurna region, other peaks like Annapurna II, III, and IV remain largely overlooked by climbers. The article highlights the legacy of these lesser-known peaks and their significance in the mountaineering community. Sophie Lavaud, a French-Swiss and Canadian national, holds the distinction of being the first French person, first Swiss woman, and first Canadian to summit all 14 8000-meter mountains in the world. Unlike many in this field, Sophie was not born in the high Alps nor influenced by Alpine culture during her upbringing. Instead, she comes from the luxury hotel business, having worked as the Sales and Marketing Director for the luxury Hotel Richemond in Geneva. She discovered her passion for mountaineering later in life. As a mountaineering enthusiast, it's exciting to see expeditions like this—those that go beyond records and commercial peaks, and instead explore the less-traveled, message-driven corners of the Himalaya. Based on how I know her, Sophie says, "Alone in the Himalaya, I'll go nowhere. No matter what happens on the mountain, the important thing is to get home to tell the story." And this, I believe, will be a story worth following. Source: The Himalayan Times #Annapurna #Mountaineering #Himalayas #ClimbingHistory #Adventure #Nepal #OutdoorExploration #LegacyClimb #HiddenPeaks #MountainExpeditions #SophieLavaud #8000MeterPeaks #WomenInMountaineering #LateBloomers #LuxuryHotelBusiness

Warburg Pincus LLC has hired Andrew DiGeronimo from LGT Capital Partners to co-lead its GP-led secondaries strategy. DiGeronimo, who has nearly 17 years of experience in secondaries, will join Vishnu Menon, a long-time Warburg veteran, in leading the firm's new Partnership Solutions unit. This strategy will focus on single-asset and concentrated multi-asset continuation vehicles, primarily in North America and Europe, with some investments in Asia. Source: Secondaries Investor #WarburgPincus #LGTCapitalPartners #PrivateEquity #Secondaries #InvestmentStrategy #Finance #BusinessNews #GPled #ContinuationVehicles #GlobalInvestment #Leadership

A recent report by Unstop reveals that 83% of engineering graduates and 46% of business school graduates in India do not have job or internship offers. The survey, which included responses from over 30,000 Gen Z professionals and 700 HR leaders, highlights a significant disconnect between graduates' expectations and the job market. Additionally, 51% of Gen Z professionals are seeking multiple income streams through freelancing and side gigs. The report also points out gender pay gaps, with two-thirds of female arts and science graduates earning less than ₹6 LPA, while their male counterparts generally earn more. However, business and engineering schools show pay parity. Source: Business Standard #Unemployment #EngineeringGraduates #BusinessGraduates #JobMarket #GenZ #Freelancing #GenderPayGap #IndiaEconomy #CareerTrends #EmploymentChallenges

Building trust at work involves more than just honesty; it requires consistency, empathy, and understanding. Experts emphasize that trust is built daily through actions and responses. Leaders must demonstrate authenticity, logical reasoning, and empathy to create a safe environment where team members feel comfortable speaking up. Trust is often broken when leaders judge before validating others or fail to show genuine care for their perspectives. Source: Forbes #TrustAtWork #Leadership #WorkplaceCulture #TeamDynamics #BusinessStrategy #EmployeeEngagement #CorporateCulture #ManagementTips #WorkplaceTrust #LeadershipSkills

Ripple has achieved a significant victory as the SEC officially dropped its four-year-old lawsuit against the company. This marks the end of a long battle between the regulator and the crypto industry. The lawsuit, which accused Ripple of raising $1.3 billion through the sale of its XRP token without registering it as a security, has been a major point of contention. Ripple's Chief Legal Officer, Stu Alderoty, stated that this victory throws a major wrench into the SEC's plans to regulate crypto through enforcement. XRP saw an 11% increase following the announcement. Source: CNBC #Cryptocurrency #Ripple #SEC #CryptoRegulation #XRP #Blockchain #CryptoNews #FinancialMarkets #LegalVictory #TechNews

Scientists are alarmed by the rapid melting of glaciers, which has accelerated significantly since 2000. Glaciers outside of Greenland and Antarctica have lost about 270 billion tonnes of ice annually, equivalent to the water consumption of the entire global population over 30 years. This phenomenon is raising global sea levels, with every centimeter of rise exposing another 2 million people to annual flooding. The situation is worsening, with glacier losses increasing by 36% over the past decade. The most dramatic changes are seen in Central Europe, which has lost 39% of its glacier ice in 23 years. The future impact depends on how quickly global temperatures can be reduced. Source: TDC #ClimateChange #GlacierMelt #SeaLevelRise #EnvironmentalImpact #GlobalWarming #WaterSecurity #Sustainability #ClimateScience #Flooding #CentralEurope

Steven Catudal, a consultant at Oliver Wyman, shared his experience working in Saudi Arabia for six months. He noted the intense heat and the subtle differences between the Dubai and Riyadh offices. Catudal observed that the Riyadh office had more local staff, while the Dubai office was more expat-driven. He appreciated the grand scale and impact of projects in Saudi Arabia, feeling that they were building something for the future. Catudal also took advantage of affordable flights to travel around the region on weekends. Source: Business Insider #Consulting #SaudiArabia #WorkAbroad #MiddleEast #CareerExperience #ExpatLife #BusinessTravel #WorkCulture #GlobalBusiness #OliverWyman

A new study reveals the staggering scale of market manipulation in the crypto world, with fewer than 500 people responsible for $3.2 trillion in artificial trading and $250 million in profits. These bad actors orchestrate pump-and-dump schemes via Telegram, inflating cryptocurrency prices through fake recommendations and hype before crashing the prices. The study, published on Cornell University's preprint server arXiv, highlights the significant impact of these manipulative practices on the crypto market. Source: Fast Company #Cryptocurrency #MarketManipulation #CryptoTrading #PumpAndDump #Blockchain #CryptoNews #FinancialMarkets #Investment #TechNews #DigitalCurrency

Scientists are alarmed by the "new normal" observed on the slopes of Mount Everest, where warmer and drier climate conditions are raising the snow line. This shift is leading to more frequent wildfires and concerning water shortages. Satellite images reveal that the elevation at which snow accumulates is rising at abnormal rates, with the snow line increasing by nearly 500 feet between December 2024 and January 2025. This trend, which has been ongoing since early 2021, is attributed to sublimation, where snow evaporates into the air instead of melting into water. The higher snow line poses a serious risk of water shortages and crop failures for nearby communities. Source: TDC #ClimateChange #MountEverest #SnowLine #Wildfires #WaterShortages #EnvironmentalImpact #GlobalWarming #Sustainability #ClimateScience #Himalayas