I recently came across an article in the Economic Policy Journal that details how New Money turns into Old Money. The fundamentals are the fundamentals. There are no shortcuts, no magic, and very little mystery, but it never hurts to review them again. – BGT
I had an interesting conversation with an OMG (Old Money Guy) last week. He was elaborating on his self-discipline, which is the stuff of legend among his family members and friends. He exercises every day. He works only 8 hours a day, but adds 3 hours on Saturday mornings to tie up loose ends and … More Old Money and Karma
News article from the early 1960’s. Odds are, with his work ethic and frugal habits, Mick’s grandchildren will be Old Money. – BGT
How modern preppies got the style but forgot the values. by Susan Cheever. Published in Newsweek on August 6, 2012. SUMMERING used to go with trust funds and prepping at St. Paul’s and double-barreled names that ended in Roman numerals. These days summer at the beach has become an American right that we hold to be self-evident. … More Speaking of Values, Susan Cheever
Enjoy the summer!
Life is like a restaurant. When you arrive, the place is already up and running under written regulations and unwritten rules that you may never know and that are unlikely to ever change. You enter and are probably treated as politely as you treat those who run the place. You are judged to a certain … More Life is Like a Restaurant