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While I agree that everyone should invest in a better manner, Im more than a little sceptical about ‘misjudging scale, which is just a roundabout way of saying that people invested too much in a few assets. Isnt that just a way of saying that they should have diversified? Yes, of course, it is.
It’s pretty easy to squander vast sums of money. Just ask the descendants of the wealthiest Americans.
Victor Haghani and James White's book 'Missing Billionaires: A Guide to Better Financial Decisions' unpacks what went wrong for the U.S.'s once-richest…
The curious case of China’s missing billionaires Jack Ma, CEO of Alibaba, speaks in Paris on May 16, 2019. PHOTO: AFP The curious case of China’s missing billionaires This is not the first time billionaires have gone missing in China It appears that the dragon in East Asia is under fire once again from the global community. This time it is because of the missing billionaire, Jack Ma, largely hailed as the face of new China. So where is Ma? This is the question that has irked many political observers, both at home and abroad. Not falling prey to speculation and propaganda, China has a tai...