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  • Archive for August 12th, 2007

    WSJ: Why Rich Kids Don’t Stay Rich

    Posted by David on August 12th, 2007

    Rich kids, we hear, have it all. Money. Connections. Top educations. Cars and clothes. For those who are part of what Warren Buffett calls “the Lucky Sperm Club,” life is supposedly one long shopping trip with an no-limits ATM card.But what if it’s not? The great thing about America is that your parents’ social status is no guarantee of success.

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