Saving my children
Warren Buffet has decided to give away 85 percent of his $44 billion fortune to the Bill and Melinda Gates Foundation, in part, he says, because he doesn't believe in "dynastic wealth.'' What that means is that his heirs are just going to have muddle through with a measly $6.8 billion.
I don't believe in dynastic wealth, either. Of course, I came up with a slightly different solution to the problem. I became a jounalist.
If you don't amass a fortune in the first place, you don't have to worry about what to do with it.
Thank God. I've spared my kids the bane of wild, raging wealth.
I don't believe in dynastic wealth, either. Of course, I came up with a slightly different solution to the problem. I became a jounalist.
If you don't amass a fortune in the first place, you don't have to worry about what to do with it.
Thank God. I've spared my kids the bane of wild, raging wealth.
posted by Michael Riley at 9:59 AM
5 Comments:
you became a "jounalist" who can't spell or type!
Mr. Riley, there is much wisdom in what you say. I have two sisters-in-law who married two brothers who inherited huge piles. Their father had been chairman of one of America's largest companies. I have witnessed for many years problems of motivation, discipline, etc., which have plagued their families. (Like you, I don't have to worry about the affliction of inherited money.)
whoever said "money can't buy happiness" is poor and jealous!
gee, let's see how more cliches we can come up with..they seem to be "a dime a dozen"..
yeah, ray..they are bad to the bone..
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