Why We Should All Be Thankful … and Have Won the Lottery

My wealth has come from a combination of living in America, some lucky genes, and compound interest. Both my children and I won what I call the ovarian lottery. (For starters, the odds against my 1930 birth taking place in the U.S. were at least 30 to 1.)…

~ Warren Buffett, From his “Giving Pledge” Speech, 2010

Buffett has often cited what he calls “winning the ovarian lottery,” which he feels Americans win the day they are born in the US. In lengthier speeches on the same topic, he cites the many aspects of your life which are determined at birth: the political and economic system you are born into, your health, sex, skin color and your level of intelligence.

While our country is certainly not perfect, we are thankful for its many virtues and the opportunities it has provided to so many of us. On this Thanksgiving Day, we hope you appreciate the good fortune that so many of us have, simply by being born in the US.

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We are truly thankful to our clients, who have placed their trust in our firm.

We are very thankful for the referrals that our clients and friends have made on our behalf to their friends and relatives.

We are thankful for the clients who have requested our advice and counsel in projects beyond investing and financial planning, such as helping them with their estate planning, review of insurance and the sale of businesses.

We wish all of you a very Happy Thanksgiving, which is shared with those who are most important to you.

 

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