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Family Fortunes: How To Build Family Wealth And Hold On To It For 100 Years
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Selected As One Of Motley Fools 5 Great Books You Should Readadvice On Managing Your Wealth From Bestselling Author Bill Bonnerfrom Trusted New York Times Bestselling Author Bill Bonner Comes A Radical New Way To Look At Family Money And A Practical, Actionable Guide To Getting And Maintaining Multigenerational Wealth. Family Fortunes: How To Build Family Wealth And Hold On To It For 100 Years Is Packed With Useful Information, Interwoven With Bonner'S Stories About His Own Family'S Wealth Philosophy And Practices.A Comprehensive Guide That 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. This Book Is A Mustread For All Individual Investorseven Those Who Do Not Plan To Leave Money To Their Childrenbecause It Challenges Many Of The Most Ubiquitous Principles And Rules Of Investing.You Might Expect A Book On Family Wealth To Be Extremely Conservative In Its Outlook. Instead, The Bonners Announce What Is Practically A Revolutionary Manifesto. They Explain: 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, And Moreyou Will Come Away With A Very Different Idea As To What Family Wealth Is All About. It Is Not Stodgy. Not Boring. Not Mossbacked And Reactionary. On The Contrary, It Is The Most Dynamic, Forwardlooking Capital In The World. 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.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages does the book have? A: The book has three hundred fifty-two pages. This length allows for detailed exploration of the topic of family wealth.
- Q: What is the binding type of this book? A: The book is hardcover. This binding provides durability and a premium feel, suitable for frequent reading.
- Q: What are the dimensions of the book? A: The book measures five point nine one inches in length, one point three inches in width, and nine point zero two inches in height. These dimensions make it easy to handle and store.
- Q: Who is the author of this book? A: The author is Bill Bonner. He is a bestselling author known for his insights on wealth management and investing.
- Q: What genre does this book belong to? A: This book is categorized under investing. It focuses on strategies for building and preserving family wealth over generations.
- Q: Is this book suitable for beginners in investing? A: Yes, the book is suitable for beginners. It provides foundational insights into family wealth management that anyone can understand.
- Q: How can I apply the advice in this book? A: You can apply the advice by involving all family members in wealth management discussions and decisions. The book offers actionable steps for multigenerational wealth preservation.
- Q: Is this book appropriate for young readers? A: No, this book is not specifically meant for young readers. It addresses complex financial concepts that are better suited for adults.
- Q: What is the main focus of the book? A: The main focus is on building and maintaining family wealth for one hundred years. It challenges conventional investing wisdom and offers a new perspective.
- Q: How should I store this hardcover book? A: Store the book upright on a shelf or in a bookcase. Keeping it in a dry environment will help maintain its condition.
- Q: Can I return the book if I don’t like it? A: Yes, you can typically return the book if you are unsatisfied. Check the specific return policy of the retailer for details.
- Q: What if the book arrives damaged? A: If the book arrives damaged, contact the retailer for a replacement or refund. Most retailers have customer service to address such issues.
- Q: Is there a warranty or guarantee for this book? A: No, books generally do not come with a warranty. However, retailers may offer return policies for unsatisfactory products.
- Q: What unique perspectives does the author offer? A: The author offers perspectives that challenge traditional views on family money, emphasizing collaboration and unconventional investment strategies.
- Q: Will this book help me if I don’t plan to leave money to my children? A: Yes, the book is beneficial even if you do not plan to leave money to children. It presents valuable insights for all individual investors.
- Q: What key themes are covered in the book? A: Key themes include family collaboration in wealth management, critiques of conventional financial advice, and strategies for long-term preservation of wealth.