Quote:
Originally Posted by Invincible
Its a Chinese saying. I have been contemplating it since one hour but failed to arrive any conclusion.
Is it True or False? Your Comments.
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Meaning: It's rare the wealth of a family can last for three generations (the 2nd may see the value of hard work, the 3rd, forget it).
Year zero: First generation: Wealth creation
Year 45: Second generation: Wealth preservation
Year 75: Third generation: Wealth destruction
It is true in mostly cases.
We often hear that the person's forefathers were tycoons, and they lived like kings. But now their children own small business.