I have been fortunate to have three kids (well, now in their 30s) who have always been talented and able to use it. Fortunately, they don't have to shoot three-pointers, and they know enough about what shots to take.
This week the oldest got a significant promotion at her public company, into the elite ranks. For me, an interesting thing is that I'm not surprised she excels at the tasks necessary to perform her organization's functions. I would not necessarily have bet on the management / leadership that is also needed.
This week I was with her daughters (ages 5 and almost 9) for three days (a snow day and a baffling five-day weekend in progress at a critical time). I can't help but speculate and wonder what they will be like as adults, both as persons and on the job. You know, just like everybody else does.
In our family, we never talk about how much people make. I didn't with my parents, my sibs, kids, anybody. That was reinforced one day when my mother-in-law told my wife how much my wife's sister was making. We're not telling you anything.
I know my son got a lot of pre-IPO shares from his employer, and he explains how that worked and still works. Just never the amounts or value.
I know many families are very open, and some day I will spell out our financial situation as part of estate planning.
The 10-K her company filed mentions her new position, her base salary, and bonus plan. Pretty nice. I mentioned to her last year that as a shareholder I thought the compensation of the most senior executives from their annual data was too high for a company that size and profitability. You know, like if you as CEO make several million in salary and bonus and incentives, maybe your company should be bigger or making more money that shareholders see.
I have been fortunate to have three kids (well, now in their 30s) who have always been talented and able to use it. Fortunately, they don't have to shoot three-pointers, and they know enough about what shots to take.
This week the oldest got a significant promotion at her public company, into the elite ranks. For me, an interesting thing is that I'm not surprised she excels at the tasks necessary to perform her organization's functions. I would not necessarily have bet on the management / leadership that is also needed.
This week I was with her daughters (ages 5 and almost 9) for three days (a snow day and a baffling five-day weekend in progress at a critical time). I can't help but speculate and wonder what they will be like as adults, both as persons and on the job. You know, just like everybody else does.
you have to accept reality. it was stolen but there is no way to prove it.
We're in position to help our two grandchildren, even if they end up not needing it. Even if our unmarried son has one some day, that's a small number.
Working through the extended family tree looking for second and third cousins, I have distant relatives with large numbers of offspring, such as one with 35 grandchildren at the time of her death, and another one with 28.
You can't be tight with that many of them, or do much to help financially. Of course, financial support is not your responsibility anyway.
on February 16, 2025, 6:24 am
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