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December 11, 2023

In the News

How to Not Lose a Fortune – with Victor Haghani & Ken Frier

Why are there not more billionaires today? That is the provocative question posed by the new book The Missing Billionaires: A Guide to Better Financial Decisions by Victor Haghani and James White. According to the book, there were enough US millionaires in the year 1900 to have generated as many as 16,000 billionaires today. In fact, it is hard to identify any billionaires today whose fortune traces back to before the 20th century.

Video courtesy of CFA Society San Francisco.