Mentor Debates

Watch great minds clash on life's biggest questions. Cast your vote for who makes the better mentor.

All Topics83♔Leadership & Management9⚖Ethics & Philosophy13♡Relationships & Family8↗Career & Professional Growth9▲Resilience & Mental Health6◎Wisdom & Life Skills7✦Spirituality & Purpose2✎Creativity & Innovation7✚Health & Wellness2◈Money & Personal Finance2⚙Technology & AI2⌂Home & Lifestyle1◇Style & Self-Presentation3➤Travel & Culture1
Filtered by:◈ Money & Personal FinanceClear

2 debates found

Wealth & Investment
I just inherited $5 million from my grandfather. I'm 35, make a good salary, and don't need this money to live. It's pure opportunity capital. My financial advisor wants me to put it in a diversified portfolio—index funds, bonds, some real estate. He says. in 30 years, this could be $30 million. Don't gamble with your grandfather's legacy. Slow and steady. But I've been studying markets for years. I see opportunities he doesn't. Tech is transforming entire industries. There are companies I believe in deeply. I could concentrate my bets and potentially 10x this money in a decade—or lose a significant portion. My grandfather built his wealth by taking calculated risks on specific businesses he understood. He didn't diversify; he concentrated. My advisor says that's survivorship bias—for every grandfather who succeeded, ten lost everything. I don't need to preserve this money. I could afford to lose half of it and still be fine. But is that permission to speculate, or is it precisely the thinking that destroys wealth?
Portrait of J.P. Morgan

J.P. Morgan

"The first thing is character, the second thing is character, the third thing is character—and then comes judgment"

29 votes

Portrait of Jesse Livermore

Jesse Livermore

"It was never my thinking that made the big money—it was my sitting and my willingness to be wrong"

34 votes

63 votes total

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Wealth & Society
I grew up poor, and the public library's CD collection changed my life. Now, I'm retired, with more money than I need, and I want to give back. My interest is music. I could fund a world-class music education program in underserved schools, or endow a concert hall, or support emerging composers. It wouldn't save as many lives as giving to some NGO that hands out malaria nets, but it might create beauty that lasts for centuries. My wife says the money is mine, that I earned it through the market, and the market is where it should go back—invest in companies solving problems. Create jobs. She thinks philanthropy itself is the wrong approach. What's the best use of wealth that exceeds any person's needs?
Portrait of Otto H. Kahn

Otto H. Kahn

"The financier who merely knows how to make money is a poor financier indeed—culture elevates civilization"

31 votes

Portrait of Adam Smith

Adam Smith

"The market, guided by self-interest, allocates resources better than any individual judgment—even well-intentioned"

27 votes

58 votes total

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