My family trees actions included such egregious sins as being immigrants (fight a generation to survive), and then the next generation fighting to send their kids to college, that generation fighting to learn what tf this world even is, and then me and my brothers learning from mistakes / growing up in the environment where you’d have exposure to know. So you basically have a system that takes 4 generations to get into “just do the right thing” and I think that’s not altogether uncommon.
Meanwhile, Donald Trump is born to great inherited wealth and manages to, on basis, generate terrible returns on it, and is still labeled “a success” and is still wealthy. In fact we installed extra safety nets to make sure that someone that rich couldn’t hit the pavement, and even built in a back-up job as president for them. That same person ends a family tree in generation 2 or 3.
Absolutely - the first few generations grinding and boostrapping are hard. Doesn't it make you feel great thought that 3-4 generations after you, with the proper planning and effort, they could be centimillionaires?
Honestly not really, because I’m so disconnected from the first generation that I could project that out to 3-4 generations after me and realize — who am I building this for, who even _is_ that person? Maybe they’re awesome and they use it for good, maybe they don’t. It’s capricious, almost like how taking all of that money in taxes would be capricious.
It’s a fun thought exercise I guess but I wouldn’t greenfields a system like that.
Meanwhile, Donald Trump is born to great inherited wealth and manages to, on basis, generate terrible returns on it, and is still labeled “a success” and is still wealthy. In fact we installed extra safety nets to make sure that someone that rich couldn’t hit the pavement, and even built in a back-up job as president for them. That same person ends a family tree in generation 2 or 3.