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The best investment in the world

By Vern Gowdie - posted Friday, 24 January 2020


Valuable lessons on how to create a rich life

The only lasting things that you can pass on to your children are not assets, but your value system, and yourself as the best role model you can be.’

Michael Cannon Brookes Snr

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This extract came from the following article:

Money Morning

Source: AFR

[Click to open in a new window]

I thought it was a great quote.

Michael Cannon-Brookes Snr is the father of one of Australia’s richest persons…Michael Cannon-Brookes Jr.

Michael Cannon-Brookes Jr and his business partner Scott Farquhar founded tech company Atlassian. According to Australian Financial Review on 2 January 2020…

The two brains behind Atlassian again featured highly on this [rich] list. Mr Cannon-Brookes' and Mr Farquhar's respective $13.5 billion and $13.2 billion…’

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His dad’s sage advice of ‘being the best role model you can be’, sums up our parenting responsibility in a nutshell.

If we follow that advice, then there’s a pretty good chance your value system will be inherited.

There were a couple of other notable extracts from the article that reinforced the values we should hold near and dear.

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This article was first published in Rum Rebellion.



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About the Author

Vern Gowdie has been involved in financial planning since 1986. In 1999, Personal Investor magazine ranked Vern as one of Australia’s Top 50 financial planners.
His contrarian views often place him at odds with the financial planning profession today, but Vern’s sole motivation is to help investors to protect their own and their family’s wealth. Follow him on Twitter @RumRebellionAus

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Creative Commons LicenseThis work is licensed under a Creative Commons License.

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