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He also pulled off the difficult feat of anticipating the October 1987 stock market crash and liquidating most of his assets in time.
For most Japanese, irrespective of wealth, financial "planning" consists in placing leftover assets in time deposits of less than a year.
Beyond the strategic trajectories and paths, the essence of foundations coincided with the ability to ensure the family business' sustainability, including, in a more structured way, the theme of the generation passage and the maintenance of capital assets in time.
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If – eventually – the companies cannot, for the sake of the human race, be allowed to extract a great many of the assets they own, then many of those assets will in time become valueless.
The hidden message: Hold onto your oil company shares because their precious asset could in time become more and more valuable.
An analysis by Boston Consulting Group of total shareholder returns at banks in the 12 months to November 2007 showed that, in general, the more diversified players performed better in this crisis than the less diversified ones.Francisco González, the boss of BBVA, says that bigger banks not only enjoy the advantage of diversity but also have much more scope to sell off assets in times of trouble.
He said its restructuring was on track – including the sale of UK business Abbey Life this week; that the bank had reduced its exposure to risky clients; that it had made €1bn of first-half profits; and it had €215bn of easy-to-sell assets in times of crisis.
Your brain is wired to protect your assets in times of trouble.
Eddie Lim, founder of Point, believes that his company can not only help individual homeowners get access to traditionally illiquid assets in times of need, but can help the overall housing market.
Rather than deplet their meger savings of sell productive assets in times of crisis, families can borrow from this fund (without interest) to ensure that their children's essential needs are met.
From 1900 onward, when the so-called Risikoflotte ("risk fleet"—i.e., a deterrent for potential attackers) was established under the second navy law, it became obvious that the navy was intended not only for actual defense but also as an alliance asset in time of peace.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com