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"Today, the most dangerous advice you can give a child is `Go to school, get good grades and look for a safe secure job,marlboro lights,' " he likes to say. "That is old advice,for usa jerseys, and it's bad advice. If you could see what is happening in Asia, Europe, South America, you would be as concerned as I am."
It's bad advice, he believes, "because if you want your child to have a financially secure future, they can't play by the old set of rules. It's just too risky."
I asked him what he meant by "old rules?" .
"People like me play by a different set of rules from what you play by," he said. "What happens when a corporation announces a downsizing?"
"People get laid off,cheap newports," I said. "Families are hurt. Unemployment goes
up."
"Yes, but what happens to the company, in particular a public company on the stock exchange?"