
Total Assets“I might send our youngest son to Japan next year. I made it very clear to him: I don’t need you to study artificial intelligence or AI. Why? You don’t seem that smart, and you’re not an IT guy. Just learn Japanese well and aim to get into Keio University—that’s good enough. There are all these traditional Japanese noble girls there; just marry one. Ideally, her family members are all in their 80s or 90s. Then you can just lie flat and win. When her 80- or 90-year-old family members pass away in the next couple of years, the house will be yours, the equity will be yours, the land will be yours, the wealth will be yours, the savings will be yours. We’ll just participate in Japan’s 40-year wealth redistribution of existing assets. Warren Buffett uses money to participate; we use people. It’s essentially the same. You buy stocks; I marry off my son. Both are ways to participate in the redistribution of existing wealth.” — Fu Peng on Japan
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