RT Journal Article
SR Electronic
T1 The Four Seasons of Sustainable Wealth
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 45
OP 50
DO 10.3905/jwm.2007.690947
VO 10
IS 2
A1 Barbara R. Hauser
YR 2007
UL https://pm-research.com/content/10/2/45.abstract
AB The author suggests that the slogan describing an inevitable loss of private wealth in three generations (“shirtsleeves to shirtsleeves in three generations”) should be replaced by the positive one: “the four seasons of sustainable wealth.” As with the four seasons of a single life and the four seasons of a year in nature, each has its own priorities and its own contributions to the future season. Moreover, she argues that the four generation rotation, described by Strauss and Howe, can be used as a analogy for a cycle of four generations of private wealth, repeating themselves in the same order, cycle after cycle.TOPICS: Wealth management, in wealth management