"The richest families in Florence in 1427 are still the richest families in Florence"
Remarkable. Several indications that wealth can somehow cross through many centuries. I wonder how much this can be attributed to owning real estate.
@stevenroose Glad to look at this post, initially i've read about it in Taleb's "Skin in the game"
Yeah, you haven't seen old money until you've been to northern Italy. 😳
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