Warren Buffet has been in the news recently. He is 94 years old. He is a very wise and successful man in investing and business management. I thought his advice in this article for parents was very good.
This exert from Warren Buffet’s article on CNBC stands out to me:
“In his letter, Buffett recalled that over the years he witnessed “many families driven apart after the posthumous dictates of the will left beneficiaries confused and sometimes angry. Jealousies, along with actual or imagined slights during childhood, became magnified.”
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