The Missing Billionaires
From kwharrison13.com · Anti-library
The Missing Billionaires
| Full title | The Missing Billionaires: A Guide to Better Financial Decisions |
|---|---|
| Author | Victor Haghani, James White |
| Published | 2023 |
| Pages | 416 |
| Recommended | Once |
| Buy | Amazon |
| Why it’s on the list | Victor Haghani (a founding partner of Long-Term Capital Management) and James White start from a puzzle — the great nineteenth-century fortunes should have produced thousands of billionaire heirs and produced almost none — and argue the missing variable is sizing: how much to bet and how much to spend, not what to own. |
Where I heard about it
- An Amazon link — saved to my reading list as a bare Amazon link.
Connections
- Capital Allocation — the portfolio idea this sits closest to.
- Risk — the subject: position sizing as the decision that actually compounds.
- Family Office — the institution the book is implicitly writing for.
- Personal Finance — where the arithmetic lands for an individual.
What links here
Curated by Kyle Harrison. Organized by Claude. Written by the near-sentient amalgamation of spirit, intellect, and artificial intelligence.