A strategic mindset that treats capital as a multi-generational organism needing both growth nutrients and risk antibodies. Asset allocation gravitates toward durability—core real assets that shrug off inflation, high-quality credit ladders, equity sleeves diversified across policy regimes, and opportunistic overlays that pounce on dislocations without mortgaging tomorrow’s safety. Tax drag, fee friction, and behavioral leakage receive equal attention; trusts, insurance wrappers, and low-turnover vehicles blunt the erosive edges while governance frameworks lock in spending rules that shield principal from impulse.
Risk models focus on catastrophic tails rather than quarterly variance, stress-testing portfolios against regime shifts like currency devaluation or policy expropriation. Education tracks for heirs, philanthropic charters, and family constitutions round out the architecture, ensuring the fortune’s cultural and social capital survive alongside its balance sheet.
