#690: Why Billionaires Shouldn't Give It All Away with Johann Kurtz

Rebecca Shamblin's "Leaving a Legacy" is a comprehensive guide for transforming family tree data into a captivating family history book. The book walks readers through each step, from initial planning and thorough research to the writing process and final publication. It emphasizes the importance of using primary sources and incorporating personal anecdotes to create a compelling narrative. The book also provides practical advice on organizing content, selecting appropriate images, and utilizing various software tools. Ultimately, it empowers readers to create a lasting legacy for their families.

Victor Haghani's "The Missing Billionaires" delves into the intriguing question of why many inherited fortunes have dwindled over time. The book explores the crucial role of risk management in long-term wealth preservation, highlighting how both excessive and insufficient risk-taking can lead to financial ruin. Haghani emphasizes the importance of making rational, systematic financial decisions, particularly concerning investment strategies and spending habits. He provides a framework for readers to navigate the complexities of wealth management and achieve sustainable financial growth. The book serves as a valuable guide for financially literate individuals seeking to optimize their investment approach and secure their financial future.

In 'Bowling Alone', Robert D. Putnam presents extensive data showing how Americans have become disconnected from family, friends, neighbors, and democratic structures. He argues that this decline in social capital has significant negative impacts on physical and civic health. The book explores various factors contributing to this decline, including changes in work, family structure, suburbanization, and the influence of technology such as television and the internet. Putnam also discusses historical precedents and potential solutions for reviving civic engagement and social connections.

Die with Zero presents a provocative philosophy and practical guide on how to get the most out of your money and your life. Bill Perkins argues against over-saving and under-living, advocating for investing in experiences early and maximizing positive life experiences. The book introduces concepts like 'time-bucketing,' 'net worth curve,' and 'fulfillment curve' to help readers optimize their life stages and make the most of their resources. Drawing from his own life experiences and insights from psychological science and behavioral finance, Perkins makes a compelling case for living large and accumulating memorable experiences rather than wealth.