Another anecdote. I have a friend who manages his families (started by his father and grandfather) private market investment company. The family is worth nine figures.

He pulled his people back into the office because he said he "felt" like they were not working. Despite graduating from Harvard and from Harvard Business School he could not offer any qualitative or quantitative data to back up his "feelings." He lets his people WFH on Friday's but says he schedules video calls on that day to make sure they are working.

He said, "When they are working from home, I do not know if they are walking their dog for an hour but if they are in the office, I know they aren't."

What made this conversation laughable was that he and I were at a country club having lunch and bullshitting for half the day, on a weekday, while our kids (who had the day off from school) were playing a sport together. He stepped away more than once for "meetings" that he took from his cell phone.

It was laughable.