Make Generational Wealth: Main St vs Wall St Recessions, Portfolio Math, Fed Watchers & Family Offices
Pirates of Finance
00:00
The Third Generation's Hubris
In America, the third generation usually blows it. It's like writing a memoir or creating a family office is like, I want my family to manage this wealth into perpetuity. You get into some really weird spaces sometimes about how that money's being managed. Most family offices don't actually have a core why. We all got really lucky. We won the sperm lottery and no one wants to mess this up.
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