Re:The most successful people are just the luckiest, a new c...
by 609venezia on Monday October 21, 2019 @10:17PM
(#21319788)
> Divorce, scandal, drug addiction and various other personal issues can all be financially ruinous.
This is well-said. James Hughes advocates families account their balance sheets on human, intellectual, financial, and social capital. For very-long-term (50-100+ years and >3 generations), the human, social, and intellectual components are arguably more important than the financial one, and it is essential to mitigate liabilities like divorce etc.
This is well-said. James Hughes advocates families account their balance sheets on human, intellectual, financial, and social capital. For very-long-term (50-100+ years and >3 generations), the human, social, and intellectual components are arguably more important than the financial one, and it is essential to mitigate liabilities like divorce etc.
http://www.jamesehughes.com/articles/FamilyBalanceSheet.pdf