Munger: Wealthy Parents Must Inherit Wealth or Children Will Hate Them
David Senra · Sessions: David Senra (Founders Podcast) · Acquired · Mar 29, 2023 · at 1:09:52
David Senra shares personal advice given to him during a private dinner with Berkshire Hathaway vice chairman Charlie Munger regarding generational wealth.
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“And he's like, he definitely feels that some of them are going to be less motivated because they're born rich, but he said this was the most surprising thing. But he goes, you have to give them the money anyways or they're going to hate you for it.”
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