Prime Rate Credit

I just had to take the time to write about some financial and business news that I thought was the most compelling I’ve read in quite a while. It has to do with business genius and multibillion dollar CEO Warren Buffett, of the multimillion dollar holding company that you’ve probably head of in one form or another, Berkshire Hathaway.

Buffett is giving much of his fortune away, instead of just passing it on to his children when he passes on, because he believes that, like him, his children will do much better to carve out their own way in this world. He believes that just handing them the millions of dollars they would surely get if he were to just hand it over upon his death in his will, he would not be doing them a favor.

I agree 100%. As for if his 3 children all agree with that, I can’t say, but he is definitely building their character and not giving them a free ride, which I think is comendable. Rather, he is giving much of his fortune to Bill and Melinda Gates’ charitable foundation and his deceased wife’s charitable foundation.

Bravo Warren, bravo. All I can say is, you are truly a one of a kind business genius, as well as a truly down to earth and common sense man with family values and an excellent sense of what is right and wrong in this world.