Jul 20, 2017 · 1 min read
This is the difference between new money and old. The really rich can let their idiot sons lose money in bad deals and investments for a generation and still be OK. Sometimes grandpa (the genius founder of the dynasty) was so smart, capable, and paranoid that he made it impossible for any one person to truly fuck up.
When you own real stuff, like uranium mining rights or really good farmland, you can have two or three generations of weak minded nincompoops in charge of the store and not lose the house in the Hamptons.
