Arthur Salzer was asked by Canadian Family Offices to share tomes both classic and new that inspired him professionally and personally
Family offices help clients manage their wealth, navigate complex financial and legal concerns and create succession plans.
But keeping up with all these details can leave little time for professional development and staying abreast of fresh ideas in their field. One way to keep up is reading books.
Let me share with you my six favourite books that can provide incredible amounts of wisdom and guidance, helping our families prevent the ‘shirtsleeves to shirtsleeves in three generations’ adage.
Each book either covers the financial capital or human capital of a family or a combination of the two. Education, governance and the effective management of financial and human capital is imperative for the success of a family over generations.”
- Arthur C. Salzer
Atlas Shrugged, by Ayn Rand: This book, and her previous work, The Fountainhead, had a great effect on my life. The insights into the current world, politics and the challenges that family enterprises face are prescient. My only regret was not reading this book until I was 40 years old.
The original Canadian Family Offices article may be found here.