Wednesday, October 1, 2008

Warren Buffet Quote

There is a new biography being released about Warren Buffet. There are numerous stories about how he has chosen not to leave his children any inheritance. This is not quite accurate. In his wife's will, the children were given $10 million dollars each and Warren gives them $1 million every five years. He is quoted as saying (I love this), "I wanted to leave my children enough money so they could do anything, but not so much as they could do nothing."


Caroline B. said...

Wise words. Would that every parent could do that for their children, what an amazing world it would be. And hopefully his children have learned all of his best investment lessons. In this day and age, it can be gone all too soon.

Kathleen said...