A New Generation Enters the Bonner Gene Pool

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*** Last week, we went to visit our first grandson. He looked just like his father when he was a baby.

Born in 2008, he could expect to live to the 22nd century. What marvels…what disasters…what might he see? We can’t imagine.

What will he turn out to be?

The gene pool is remarkably diverse. We have six children – each one is completely different from the others. There are traits we can spot. One has Uncle John’s hair. Another has Aunt Eleanor’s temper. One looks just like a photo of Elizabeth’s grandfather. Another is timid and retiring, like Aunt Lillian.

What will these children become? They are now in their late teens and twenties, but still we don’t know. One is out in L.A., learning the film trade. “An awful business,” says he. Another is looking for work as an actress in London…learning to live with rejection and to avoid drinking too much champagne at theatre parties. One has already begun a family of his own…and his career – in the family publishing business. The others are still in school, not sure what they should study or where they should go.

And now, we mix another generation of genes into the Bonner pool…and wonder what will become of the tadpoles.

*** Poor Henry. He is a good student and a smart kid. Henry is in one of the best schools in France, but the teachers tend to grade more severely than in the United States. He has never studied in an English- speaking school. And when it came to take the SAT tests for American colleges, he found himself at a disadvantage; he didn’t understand some of the terms. Still, he applied to a group of elite colleges – on the advice of his guidance counselor.

So far, most of the news from them has been negative. He got on the waiting list for some…was rejected by others…and accepted only by a few, not necessarily the ones he was hoping for. His was among the largest group of college applications ever recorded, say the papers. At Johns Hopkins, for example, there were some 16,000 applicants for only 2,000 places. The odds were against him.

“Maybe I’ll take a year off,” he says, “And give myself time to think about what I really want to do. Maybe I don’t really want to be a doctor, after all.”

Bill Bonner
The Daily Reckoning Australia

Bill Bonner

Bill Bonner

Best-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.
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3 Comments on "A New Generation Enters the Bonner Gene Pool"

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christina
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Congratulations Mr Editor, that’s excellent news! :-)

Annette
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Congratulations!!

Coffee Addict
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Henry should enrol in the medical program at Bond University on the Gold Coast, Queensland. They have an excellent program with heaps of North American students there who really love it . I understand that the fees for a private international student are in the vicinity of 50,000 to 70,000AUD) pa. The link is http://www.bond.edu.au

The value of some so called “elite colleges” is grossly overstated. What is of actual importance is the quality of the program and the grades a student actually receives.

Perhaps Dan could flick pass this suggestion to Bill.

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