10 Ways To Get Rich


What better person to tell you how to become wealthy than one whose name ┬áis a long term fixture on the Forbes List?Here are Warren’s tips on how to get rich,put together by Alice Schroeder: Read more of this post

Buffett Family Philanthropy

Here is an article I came across by chance today.I think it’s worth sharing.

Daddy Givebucks: Lessons Learned When Warren Buffett Hands You $1 Billion

By: Jeff Bailey September 1, 2009


Three years ago, Warren Buffett gave each of his kids $1 billion to give away — suddenly thrusting them into the philanthropic elite. Here’s what they learned.


For all the talk of how Warren Buffett is a normal, aw-shucks Midwestern guy, we know he is not just like us. We don’t play bridge with Bill Gates. We may get calls asking for capital infusions, but they’re from our kids, not from GE and Goldman. And these days, we certainly don’t get 10% dividends on our stocks.

But ask Buffett about his kids — Susie, 56, an Omaha knitting-shop owner; Howie, 54, an Illinois farmer; and Peter, 51, a New York-based new-age musician — and he turns into your typical, gushing dad. “All three are smart. They have good judgment,” he says. “They’re just very decent human beings.”

So decent, he thinks, that three years ago, when he pledged $30 billion in Class B Berkshire Hathaway stock to the Bill & Melinda Gates Foundation, he also promised each of his children $1 billion in shares for their charitable foundations. (All four foundations are receiving their stock grants in annual installments, with the remainder to be paid out upon his death.) Read more of this post

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