Stability is the Most Important Factor in Wealth Inheritance
The definition of stability is simple: how much trouble will I avoid by choosing you, and how much trouble will I invite by not choosing you.
Living well and living long are two different concepts. Getting rich quick and staying rich long are also two different concepts.
Every person who has achieved temporary success looks back at those who once succeeded before them and feels they themselves were the true trendsetters, while others are outdated. Just as those now considered outdated felt the same way about their predecessors during their own peak.
Did they ever predict their own future?
Only after a family has navigated multiple major economic cycles, experienced all sorts of ups and downs, will it truly begin to think about patterns on a century-long scale.
The vast majority of people lose their wealth for just two reasons.
First, they think they're too smart, make reckless investments hoping to get even richer, and end up losing everything.
Second, internal family conflicts tear them apart, leading to their downfall.
