TAO OF WARREN BUFFET # 22

” Money to some extent ,sometimes lets you be in more interesting environments. But it can’t change how many people love you or how healthy you are.”

How-To-Make-Money-When-You-Are-A-KidThe truth is that excessively large mounts of money can actually create a deal of misery in your life. Your children wont work because they think they are going to inherit a fortune, which means that they never develop any of the self-esteem that work created, which means that they end up being bitter and spending their time wishing you an early demise. If you are insanely rich ,you may end up being surrounded by a bunch of sycophants who will fill your life with lies to stroke your illusion of grandeur till you look like a fool to the rest of the world .And instead of doing adventurous things with your money and life ,you end up spending all your time guarding your wealth from your servants ,lawyers,accountants,& so-called money managers, all of whom will assist you in making your money theirs.

Warren believes that children who inherit great wealth tend to do nothing with their lives, nor does he believe that it is good for society if there is an upper class created by inherited wealth. He believes that a country prospers better if society is a meritocracy, with people earning what they get .For this reason he donated the $32 billion fortune he made from investing to charity, so that it would go back to help the very society that created it let this noble thought find a place in the hearts of all who make their fortunes in the world.

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s