Family Fortunes
Author
Link
Cost
Paid
Published
2012
Full Name
Family Fortunes: How to Build Family Wealth and Hold on to It for 100 Years
Family Fortunes is a practical, actionable guide to getting and maintaining multigenerational wealth. It shows how families can successfully preserve their estates by ignoring most of what people think they know about the rich and, instead, training and motivating all family members to work together toward a very uncommon goal. The essential guide to passing wealth from one generation to the next, Family Fortunes is filled with concrete, practical advice you can put to use right away.
Family Fortunes explains:
- Why family money should not be invested in safe, conservative investments
- Why charitable giving is usually a waste of money, or worse
- Why it is not a good idea to let children go their own way
- Why you can't trust wealth professionals and why you should never entrust your money to money managers
- Why giving your children as much education as possible is not a good idea
- Why Warren Buffett and the rest of the rich people asking for higher tax rates are wrong to take the pledge
- Why Wall Street is a graveyard for capital
- Why most celebrity CEOs are a threat to the businesses they run
- Why modern capitalism is a failure