Posts Tagged ‘inheritance’

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Henry David Thoreau: Book Wealth

Posted by admin on Sunday, October 8, 2023

Meaning of Henry David Thoreau Money Quote: saying Books are treasured and represent the worlds wealth and an inheritance to enrich the world. Henry David Thoreau said:
 
 
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“Books are the treasured wealth of the world and the fit inheritance of generations and nations” — Henry David Thoreau

 

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In this quote, Henry David Thoreau is expressing his view that books are extremely valuable forms of knowledge and cultural inheritance.

When he refers to books as “the treasured wealth of the world”, he means they represent stores of wisdom, information, creativity and thought that are immensely rich in content. And by calling books the “fit inheritance of generations and nations”, Thoreau suggests they are meant to be passed down through the ages and shared widely, as vehicles for spreading ideas across societies and periods of history.

Overall, the quote conveys Thoreau’s belief that books comprise priceless intellectual and cultural legacies that deserve to be preserved and shared to benefit multiple generations into the future.

Thich Nhat Hanh: Inherit Happiness

Posted by admin on Friday, October 6, 2023

The most precious inheritance that parents is their own happiness. money, houses, received the richest inheritance of all Quote

 

“The most precious inheritance that parents can give their children is their own happiness. Our parents may be able to leave us money, houses, and land, but they may not be happy people. If we have happy parents, we have received the richest inheritance of all” — Thich Nhat Hanh

 

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This quote from Thich Nhat Hanh emphasizes that the most valuable gift parents can pass on to their children is their own state of happiness and well-being. Some key points in interpreting his perspective:

  • He suggests tangible assets like wealth, property or material goods, while useful, do not define a child’s upbringing or long-term success as much as the emotional environment set by content parents.
  • Thich Nhat Hanh portrays happiness as the “richest inheritance” one can receive from their caregivers because of its profound and lasting impacts on mental/social development.
  • His perspective conveys that children who grow up seeing their parents thriving and fulfilled are set up for healthy relationships and lives of their own as adults due to that psychological and interpersonal foundation.
  • However, reasonable people can disagree on definitions of happiness, and many factors influence both parents and their children.

Overall, the quote reflects Thich Nhat Hanh’s viewpoint that parental well-being profoundly shapes offspring, though a balanced interpretation acknowledges both nature and nurture play complex roles, as in ongoing discussions around multi-generational impacts on human development and society.

Robert Reich: Accumulate Billions

Posted by admin on Tuesday, May 16, 2023

Meaning of Robert Reich Money Quote: saying ways to super-wealth are limited to buying your way in, profiting from monopoly or inheriting wealth – not hard work. Robert Reich said:
 
 
Billion dollars Profiting monopoly Insider trading Payoffs Inheritance Quote
 

“There are basically 4 ways to accumulate a billion dollars in America: 1) Profiting from a monopoly 2) Insider trading 3) Political payoffs 4) Inheritance Don’t believe the self-made myth” — Robert Reich

 

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In this quote, Robert Reich is challenging the idea that billionaires in America become self-made through hard work and innovation alone. He suggests there are really only four main ways one can accumulate a billion dollars:

  1. By profiting from a monopoly, which allows domination of a market without competition.
  2. Through insider trading, or taking advantage of privileged confidential information unavailable to the average investor.
  3. Via political payoffs, meaning gaining wealth through lobbying or special favors from politicians.
  4. Through inheritance, by acquiring massive wealth simply by being born into a wealthy family rather than earning it themselves.

Overall, Reich is asserting that while some may portray themselves as entirely self-made, the reality is that billionaires often rely on one of these four less meritocratic means to amass their extreme fortune. He aims to dispel the notion that all billionaires achieved their status solely through hard work and talent.

Daniel Craig: Inheritance Distasteful

Posted by admin on Saturday, October 30, 2021

Daniel Craig Money Quote saying that rather than giving accumulated wealth to family, better to give it away or spend it. Daniel Craig said:
 
Daniel Craig Leave Great Sums Inheritance Distasteful quote
 

“But I don’t want to leave great sums to the next generation. I think inheritance is quite distasteful. My philosophy is: get rid of it or give it away before you go” — Daniel Craig

 

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In this quote, Daniel Craig is expressing his view that large inheritances are undesirable. He believes it is better either to donate substantial wealth to philanthropic causes during one’s lifetime or ensure that estates are broken up and not passed down intact to subsequent generations. C

raig seems to feel that accumulating vast sums just to bequeath to heirs is “quite distasteful,” possibly because it does not reflect merit-based achievement on their part or could undermine their work ethic and independence.

Overall, the quote conveys Craig’s philosophy that significant wealth is best redistributed or disposed of prior to death in order to avoid amassing dynastic fortunes and the potential pitfalls he associates with inherited riches being concentrated in few hands across generations.

Toni Morrison: Inherit Inheritance

Posted by admin on Thursday, December 31, 2020

Toni Morrison Money Quote saying the wealthy get inheritances to keep them in the money along with the rest of the old-boy network. Toni Morrison said:
 
Everybody gets everything handed to them. The rich inherit it. I don't mean just inheritance of money Quote
 

“Everybody gets everything handed to them. The rich inherit it. I don’t mean just inheritance of money. I mean what people take for granted among the middle and upper classes, which is nepotism, the old-boy network” — Toni Morrison

 

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In this quote, author Toni Morrison appears to be criticizing the advantages that people born into wealthy or well-connected families take for granted. She notes that the rich not only inherit money through family wealth, but they also benefit from “nepotism” and networking among people of similar socioeconomic status (“the old-boy network”).

Morrison suggests these social privileges effectively give upper- and middle-class people a head start in life by providing access to opportunities through family connections.

In contrast, those without wealth or social status do not have the same advantages “handed to them” automatically. The quote implies Morrison believes class privilege allows some to easily obtain benefits that others have to work much harder to achieve on their own merits alone.

Daymond John: Legacy Inheritance

Posted by admin on Sunday, February 24, 2019

Daymond John Money Quote saying that leaving money to kids is not as important as leaving them something valuable as humans. Daymond John said:
 
I don’t want to leave my kids an inheritance, I want to leave them a legacy Quote
 

“I don’t want to leave my kids an inheritance, I want to leave them a legacy” — Daymond John

 

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In this quote, businessman and TV personality Daymond John is expressing that he does not simply want to provide financial wealth to his children through inheritance after he passes away. Rather, his goal is to establish a “legacy” for them through the example he sets and accomplishments he achieves in life. Some key points:

  • While inheritance is about transferring material assets, a legacy is about passing on one’s reputation, values, life lessons and influence to future generations through one’s actions and impact.
  • John seems to want his children to feel proud of the path he carved out and be inspired by his example, work ethic, principles for success, and any positive change he helped create – not just receive a lump sum of money.
  • Implicitly, John is striving to build a lasting reputation and body of work that will continue motivating his family and others even after he is gone.

Overall, the quote conveys John’s ambition to leave behind more than monetary gain – he wants his legacy to be the inspiration and guidance he provided to help others succeed, through demonstrating perseverance, vision and strong character in his own career and life.

William Lloyd Garrison: Slaveholder Man-Stealer

Posted by admin on Monday, December 10, 2018

William Lloyd Garrison Money Quote saying in an essay titled “No Compromise with the Evil of Slavery” that nothing justifies anyone to accept slavery’s existence. William Lloyd Garrison said:
 
Every slave is a stolen man; every slaveholder is a man-stealer. By no precedent, no example, no law, no compact, no purchase, no bequest, no inheritance, no combination of circumstances, is slaveholding right or justifiable Quote
 

“Every slave is a stolen man; every slaveholder is a man-stealer. By no precedent, no example, no law, no compact, no purchase, no bequest, no inheritance, no combination of circumstances, is slaveholding right or justifiable. While a slave remains in his fetters, the land must have no rest” — William Lloyd Garrison

 

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In this quote, William Lloyd Garrison is passionately condemning the institution of slavery in America. Specifically:

  • He states that every slave is a “stolen man”, as they have been unjustly taken from their freedom against their will by slaveholders.
  • Garrison then declares that every slaveholder is therefore a “man-stealer”, having illegally kidnapped and detained people for profit through the practice of slavery.
  • He firmly asserts that there is no acceptable legal, moral or historical precedent that can justify or make right the practice of owning other human beings as property.

Overall, Garrison is forcefully arguing that slavery is an inherently and irredeemably wrong violation of basic human rights and dignity. He suggests through this quote that as long as the evil of slavery continues to persist, allowing unfreedom and suffering, then the nation can have no true peace or justice.

Birthday December 10, 1805 – Died May 23, 1879

 

Alfred Nobel: Inherited Wealth Misfortune

Posted by admin on Sunday, November 25, 2018

Alfred Nobel Money Quote saying relatives shouldn’t get much inheritance be passed to his relatives. Alfred Nobel said:
 
I regard large inherited wealth as a misfortune, which merely serves to dull men's faculties. A man who possesses great wealth should, therefore, allow only a small portion to descend to his relatives Quote
 

“I regard large inherited wealth as a misfortune, which merely serves to dull men’s faculties. A man who possesses great wealth should, therefore, allow only a small portion to descend to his relatives” — Alfred Nobel

 

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This quote from Alfred Nobel suggests that vast inherited wealth can have a negative impact by reducing people’s motivation and ambition. Nobel seems to believe that when people inherit large sums of money, it removes some of the drive and necessity to work hard, learn new skills, and develop their talents fully. He implies that very wealthy heirs may not reach their full potential if they do not have to earn a living.

By leaving only a “small portion” of assets to relatives, Nobel appears to think people will be more likely to make their own way in the world and make the most of their abilities, rather than simply living off others’ fortunes. The best interpretation is that Nobel valued self-sufficiency and felt that extremely large inheritances could breed complacency rather than independence and achievement.

November 25, 1867 Swedish chemist Alfred Nobel patents dynamite

 

December 10 Nobel Prize Day

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