Regarding the Warren Buffet big donation story:
His children will not inherit a significant proportion of his wealth. These actions are consistent with statements he has made in the past indicating his opposition to the transfer of great fortunes from one generation to the next. Buffet once commented, "I want to give my kids enough so that they could feel that they could do anything, but not so much that they could do nothing."
How wrong is it that I sincerely hope that this makes the Paris Hilton-types of the world wake up in a cold sweat in the middle of the night?
His children will not inherit a significant proportion of his wealth. These actions are consistent with statements he has made in the past indicating his opposition to the transfer of great fortunes from one generation to the next. Buffet once commented, "I want to give my kids enough so that they could feel that they could do anything, but not so much that they could do nothing."
How wrong is it that I sincerely hope that this makes the Paris Hilton-types of the world wake up in a cold sweat in the middle of the night?












