which seemed to challenge one of the longstanding axioms about retirement planning. Buffett noted that upon his death, the trustee of his wife’s inheritance was instructed to put 90% of her money into a very low-fee stockindex fundand 10% into short-term government bonds.1This is what is...
If you’re Warren Buffett, you give it away. Buffett stunned the world in June 2006 when he announced the donation of the vast majority of his wealth to theBill & Melinda Gates Foundation, which focuses on world health concerns, U.S. libraries, and global schools, among other issues. It...
The goal is to keep costs to a minimum while generally sticking to Buffett’s hypothesis when it comes to his wife’s investments. Although Vanguard Funds do do offercommission-free ETFs, I recommend a mutual fund for the S&P 500 investment. The Vanguard 500 Index Fund Admiral Shares charges...
return on invested capital. He has established the Buffett Foundation, designed to accumulate money and give it away after his and his wife's deaths--though the foundation has given millions to organizations involved
Warren Buffett said Charlie Munger was a trusted business partner, but he's also been able to look elsewhere for personal support. "I trust my children and my wife totally," Buffett said. "But that doesn't mean I ask them what stocks to buy." "In terms of managing money, there wasn...
years old at the time, on his 76th birthday in 2006. She had lived with him since his wife moved to San Francisco in 1977. Susie, his daughter, lives in Omaha and serves on the national board of Girls, Inc., as well as doing charitable work through the Susan A. Buffett Foundation....
Warren Buffett Warren Buffett is a business magnate, investor, and philanthropist, best known as the chairman and CEO of conglomerate Berkshire Hathaway. Learn how Warren Buffett became the business magnate that he is today Warren Buffett’s Investment Strategy ...
Out of the 105 Warren Buffett quotes in this article, the quote below succinctly sums up Buffett’s investment strategy: “We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business: ...
Preston is married to his lovely wife, Demi, and they proudly raise their two nieces, Kelly and Jenny, and their son and daughter, Tyler and Claire. In his free time, he enjoys camping, golfing, tennis, and any type of outdoor activity....
Buffett is donating 10.45 million shares to the Bill & Melinda Gates Foundation, which has received more than $39 billion of Berkshire stock overall. He is also donating 1.05 million shares to the Susan Thompson Buffett Foundation, named for his late first wife, and 2.2 million shares split ev...