A lot of rich men, when younger, say that they will not leave so much of the wealth to their children. Then they get older and realize what other old men realized.
A lot of rich men, when younger, say that they will not leave so much of the wealth to their children. Then they get older and realize what other old men realized.
Which is what?
That it's a lot cooler saying noble things than actually DOING noble things.
Evolutionary psychology is stronger than whatever they thought previously.
Sad.
You only have to get rich once, you will not get rich for the second time, and opportunity to get rich occurs only once in every many generations.
We live in neo feudalism. The hard part is getting to a billion but once you do your family will be part of the elite for centuries.
What’s wrong with that? Are you more entitled to Warren Buffets billions than his children are?
Me personally? No. The labor whose value he extracted and hoarded through his investing? Yes, they are.
Don't grow old
These are jobs with titles we are talking about it says nothing about Buffets assets or will.