Teaching the Next Generation About Wealth and Responsibility

Published on April 6, 2026

Generational wealth doesn’t disappear because families fail to invest well. It disappears because the knowledge, communication, and decision-making structures surrounding that wealth were never intentionally passed down.

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The Energy Tax

April 6, 2026
I have written for years that oil prices act like a tax on the economy, both in the US and globally. It is actually simply the price paid, but the effect on the economy is similar to a tax. If the price goes up, it takes more money from individual consumers that would otherwise be saved or spent somewhere else. Just like taxes.

Oil Shocks & Recessionary Outcomes

April 6, 2026
After more than three decades of watching oil markets upend economies, one pattern keeps repeating: investors learn the wrong lessons from the last shock. The 1973 OPEC embargo taught us that geopolitical disruptions are temporary.