It is axiomatic in highest level wealth planning that families have "four capitals." Wealth is one, then there are several others, like social capital, intellectual capital, spiritual capital, political capital (pick any three beyond filthy lucre, or stock up on all five.) I mentioned this to The Happy Tutor, since I thought it might help him grow, protect and transmit the four Capitals from Tess, who now owns a controlling interest in the world, to Audrey, her 9.6 year old daughter whose mission is to own, rule, and save the world.
Now, be aware, Tutor is an ordained Catholic Priest with a degree from Oxford, class of 1457. While he did graduate, he was primarily known for roistering, as a close friend of Dr Rabelais, whose best medicine was laughter. Tutor is a bit antique in his outlook. He has not kept up to date with the latest innovations in Wealth and Virtue, Wealth and the Will of God, or Wealth and Wisdom consulting. He relies mostly on the Gospels, the Ten Commandments, and his own unique blend of moral instruction, Carnival, and corporal punishment. So, I would not take his reaction very seriously. But what he said was, "Capitals? Virtues are liabilities. Virtues are what we owe to God, parents, and neighbors. If we leave these bills unpaid we are morally bankrupt, and accounts are settled in hell, which starts in life, as the death of our humanity. Check the commandments, and while you are at it, read up on Coveting. Why twice among the "shalt nots"? What is the point of emphasizing that there is more to our lives than coveting? Could this not be a message from God, via Moses, that we not worship false gods, the golden idol, or prostitute ourselves outside the holy of holies, when we can do better for ourselves inside, as we do, Phil, here in Wealth Bondage?" I warned you. Tutor is Tutor. I am amazed Tess, she who owns it all, has not yet exiled him for good. I would say the Ten Commandments are the biggest platitudes of all. You can't get very far in this business with those. Tutor's own dismal career should be a lesson to us all.
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