The Investing Secrets of Warren Buffett—and how to profit from them

Warren Buffett is also questioned frequently about his philosophy regarding inherited wealth. He has made his opinions on the subject public, and has indicated that he worries that too large of an inheritance would make his three children spoiled. While it is uncertain the amount bequeathed to his children, it is known that after his death, Buffett’s shares of Berkshire-Hathaway are to be left to the Buffett Foundation and distributed to charitable causes. Perhaps this philosophy stems from Buffett’s own frugality.......