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The first words in the Template for Understanding are: “The economy is like a machine.” Clearly Ray Dalio is brilliant at making money, but that’s a heck of an odd thing to say.

The first words in the Template for Understanding are: “The economy is like a machine.” Clearly Ray Dalio is brilliant at making money, but that’s a heck of an odd thing to say.

Mark Zuckerberg may not have struck you as a classic family guy: 2.2 kids, mortgage, overweight Labrador, Sunday lunch with his nearest and dearest. But I think he should give the family way a try.

Mark Zuckerberg may not have struck you as a classic family guy: 2.2 kids, mortgage, overweight Labrador, Sunday lunch with his nearest and dearest. But I think he should give the family way a try.

The news that James Murdoch has stepped down as head of News International will again raise the succession stakes at the Murdoch-controlled family business – and no doubt fuel the ongoing non-Murdoch-control media frenzy following on from the troubles at News Corp.

The news that James Murdoch has stepped down as head of News International will again raise the succession stakes at the Murdoch-controlled family business – and no doubt fuel the non-Murdoch-control media frenzy following on from the troubles at News Corp.

You can’t be forever sacrificing your daughter, carving up your uncles and hanging yourself if you are also running a fourth-generation bottle factory in Leicestershire. There just aren’t enough hours in the day, for a start.

You can’t be forever sacrificing your daughter, carving up your uncles and hanging yourself if you are also running a fourth-generation bottle factory in Leicestershire. There just aren’t enough hours in the day, for a start.

Next-gens, and indeed others in family businesses, surely feel plenty of pressures, but they also have the promise of authentic rewards that Wall Street’s synthetic alpha males can’t dream of.

If you were to make a list of the things that Wall Street needs more of, then testosterone might not come high on the list. But according to a plastic surgeon who works there, there has recently been a constant queue of men asking for injections of the hormone to make them more aggressive.

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