Sponsored by:

Welcome to The Miami Newsletter!

In today’s edition:

• Saturday’s only Florida Lottery jackpot winner is from Miami-Dade and worth $129,000.

• Upcoming Darius Concert

• A deep-dive into the life of William Jennings Bryan

• And more….

Quote of the Week

“Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.” 

–Pele

Sponsored

Investors have trusted this platform with +$1bn - here’s why

Through COVID, soaring inflation, and today’s crushing interest rates, a group of enterprising investors have collectively entrusted one billion dollars from their portfolios to Masterworks’ art investing platform.

Why? Because the contemporary art Masterworks offers—from legends like Picasso and Banksy—has demonstrated a low correlation to the stock market, inflation resistance, and exceptional appreciation potential. Not to mention Masterworks has completed 23 successful exits to date, distributing over $60+ million in net proceeds to investors in those offerings.

These investors didn’t need art expertise to diversify with blue-chip art, because Masterworks does all the heavy lifting, finding artists with appreciation potential (buying <3% of works offered) and then breaking an art offering into shares for you. If Masterworks sells a piece again for a profit, investors get a return. With 3 illustrative sales, Masterworks investors have realized net annualized returns of +17.6%, +17.8%, and +21.5%.

With 65,000+ investors, offerings can sell out quickly. Luckily, you can get priority access here.

Past performance is not indicative of future returns. Investment involves risk.

Disclosures:

The content is not intended to provide legal, tax, or investment advice.

No money is being solicited or will be accepted until the offering statement for a particular offering has been qualified by the SEC. Offers may be revoked at any time. Contacting Masterworks involves no commitment or obligation.

Contemporary art data based on repeat-sales index of historical Post-War & Contemporary Art market prices from 1995 to 2023, developed by Masterworks. There are significant limitations to comparative asset class data. Indices are unmanaged and a Masterworks investor cannot invest directly in an index. 

Net proceeds distributed back represents the total liquidation proceeds distributed back to investors, net of all fees, expenses and proceeds reinvested in Masterworks offerings, of all works Masterworks has exited to date.

See important Reg A disclosures at masterworks.com/cd.

Trivia

Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!

Which Miami landmark serves as a memorial to the early pioneers of Miami, offering panoramic views of the city and Biscayne Bay?

A) Vizcaya Museum and Gardens

B) Miami Tower

C) The Freedom Tower

D) The Miami Circle

Answer to Last Week's Trivia: The historic neighborhood known for its bungalows, leafy streets, and artsy vibe is B) Coconut Grove.

New

💼 Business

No rush from Florida Legislature to address ‘anxiety’ over post-Surfside condo laws. (Link)

UM booster John Ruiz’s company LifeWallet admits ‘substantial doubt’ about its future. (Link)

🏒 Sports

Just utilizing my skill set.’ Jonnu Smith’s versatility shines in Dolphins’ win over Commanders. (Link)

Tua Tagovailoa leads TD drive, plus more from Dolphins’ 13-6 win over the Commanders. (Link)

🏦 Finance

Saturday’s only Florida Lottery jackpot winner is from Miami-Dade and worth $129,000. (Link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

⚾ Chicago Cubs at Miami Marlins
loanDepot park, Miami
Fri, Aug 23rd - Sat, Aug 24th | (More info)

⚽ Monterey Bay F.C. at Miami FC
Pitbull Stadium, Miami
Saturday, Aug 31st | (More info)

Music & Concerts

🎵 French Montana
LIV, Miami Beach
Friday, Aug 23rd | (More info)

🎵 Darius
Zey Zey, Miami
Saturday, Aug 24th | (More info)

Family

📚 Back to School Family Day
1814 Brickell Avenue, Miami
Saturday, Aug 24th | (More info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “Miami celebrating a futuristic holiday with unique traditions” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

Miami Historical Events

The Lynching of Rubin Stacy (1935) - A dark chapter in Miami's history regarding racial injustice.

The lynching of Rubin Stacy in 1935 is a somber chapter in Miami's history, highlighting the deep-seated racial injustices that have marred the United States. Stacy, an African American man, was lynched by a mob in Fort Lauderdale, near Miami, after being accused of startling a white woman, an allegation that led to his arrest. Despite being in police custody, Stacy was forcibly taken by a mob and lynched, his body hung from a tree for public display. This act of brutal violence was not only a tragic reflection of the individual racism Stacy faced but also indicative of the systemic racial injustices prevalent in the South during this era. The lynching was widely publicized, with photographs of the event circulating nationally, serving as a stark reminder of the racial terror African Americans lived under.

The aftermath of Rubin Stacy's lynching brought national attention to the issues of lynching and racial violence in the United States, yet it also underscored the pervasive nature of racial discrimination and the long struggle for civil rights and justice for African Americans. Despite the horror of the event, it catalyzed efforts by civil rights organizations to fight for anti-lynching legislation and equal rights. However, justice for Rubin Stacy and countless victims of racial violence remained elusive, reflecting the systemic barriers to racial equality and the need for continued advocacy and reform.

Rubin Stacy's lynching is a painful reminder of Miami's past, one that necessitates reflection and action towards racial reconciliation and justice. It serves as a call to acknowledge and address the historical and ongoing issues of racism and inequality in the community. The legacy of such events emphasizes the importance of education, dialogue, and commitment to justice in overcoming the shadows of racial injustice. By remembering Rubin Stacy and other victims of racial violence, Miami can confront its past and work towards a more inclusive and equitable future for all its residents.

Famous People From Miami

William Jennings Bryan (1860–1925): Famous orator and politician, his involvement in Miami's real estate made a lasting impact.

Early Life and Education (1860-1881)

Born in Salem, Illinois, William Jennings Bryan was raised in a climate of strong religious faith and political discourse, which shaped his views and oratory skills from an early age. His education at Illinois College and Union College of Law laid the foundation for his illustrious career in law and politics.

Rise in Politics (1882-1896)

Bryan quickly made a name for himself in the political arena with his captivating speeches and progressive views. His advocacy for the common people and his stance against monopolies propelled him to national prominence, culminating in his nomination for president by the Democratic Party in 1896.

The Great Commoner (1897-1912)

Despite his loss in the presidential election, Bryan's influence continued to grow. Known as The Great Commoner for his ability to connect with the average American, he remained a leading figure in the Democratic Party, advocating for peace, democracy, and reform.

Secretary of State and World War I (1913-1915)

Serving as Secretary of State under President Woodrow Wilson, Bryan worked tirelessly for peace and diplomacy. However, his pacifist stance led to his resignation at the brink of World War I, highlighting his commitment to his principles.

The Scopes Trial (1925)

In one of his final public roles, Bryan participated in the famous Scopes Trial, defending the teaching of creationism over evolution. This controversial stance reaffirmed his deep religious convictions and his prowess as an orator.

Miami's Real Estate Visionary (1916-1925)

Bryan's move to Miami marked a new chapter in his life, where he became deeply involved in the city's real estate development. His investments and advocacy for Miami's potential as a paradise on earth contributed significantly to the city's growth and prosperity.

Connection to Miami (1916-1925)

In Miami, Bryan found a new platform for his ideals, promoting the city as a beacon of opportunity and beauty. His efforts in real estate development were pivotal in shaping Miami's landscape and establishing it as a major city in Florida.

Bryan's Legacy in Politics and Oratory (1860-1925)

Throughout his life, Bryan's oratory skills and political activism left an indelible mark on American society. His campaigns for social justice, economic equality, and peace shaped the nation's policies and discourse.

Advocacy for Peace and Democracy

Bryan's unwavering commitment to peace and democracy was evident in his opposition to American imperialism and his efforts to prevent the United States from entering World War I. His legacy in diplomacy and peace advocacy remains influential.

Key Achievements:

• Renowned as one of America's greatest orators and a leading political figure.

• Three-time Democratic nominee for President of the United States, advocating for populism and economic reform.

• Served as Secretary of State, promoting peace and diplomacy.

• Played a pivotal role in Miami's early 20th-century real estate boom, contributing to its development and growth.

• Advocated for the teaching of creationism, highlighting his commitment to religious principles.

William Jennings Bryan's life was a testament to his exceptional abilities as an orator and a politician, deeply influencing American politics and policy. His involvement in Miami's real estate marked a significant chapter in his life, showcasing his vision and contributing to the city's development. Bryan's legacy, characterized by his commitment to the common people, peace, and democratic values, continues to resonate, underscoring the impact of his life and work on the nation and the city of Miami.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Matthew Larsen

Poll