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I would not use the Time article as a reliable source, it cites the 70/90% figures a study by the "Williams Group wealth consultancy", which of course is trying
by jhundal 9y ago
I would not use the Time article as a reliable source, it cites the 70/90% figures a study by the "Williams Group wealth consultancy", which of course is trying to sell its services to wealthy clients.
I've seen the statistic quoted in so many places, yet have never found a link to the actually study. No info on sample size; we don't even have a definition of 'wealth' used in the study.
- marnett 9y agoThe sample size is 2000 families over 20 years. Better submarine piece here [1]. [1] https://www.wsj.com/articles/SB10001424127887324662404578334663271139552 https://www.wsj.com/articles/SB10001424127887324662404578334...