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The Best Way To Lose $5 Billion Dollars

FYI: When 120 of the Commodore’s descendants gathered at Vanderbilt University in 1973 for the first family reunion, there was not a millionaire among them.

This is the story told in Fortune’s Children: The Fall of House Vanderbilt. Before I finish this story, I want to highlight a saying popularized by the great Charlie Munger, Warren Buffett’s long time business partner:
Regards,
Ted
https://ofdollarsanddata.com/the-best-way-to-lose-5-billion-dollars-4779b4085217
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