Wit and wisdom of Warren Buffett
D.Murali
What is success? “Having people love you that you want to have love you,” says the Oracle of Omaha, Warren Buffett. Love is not something you can buy with money, he cautions. “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.”
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hindu.com
What an ironic statement coming from a man whose wife left him after 25 years of marriage. He was shattered for years thereafter, I understand. Neither sought a divorce, probably because he couldn't bear seeing a big chunk of his fortune part from his control. And his wife encouraged other women to get involved with him. The young waitress who ultimately became his longtime mistress was set up for him by his wife. Humiliating, in my opinion.
While Buffet is a great investor, there's no reason to look on him as a fount of wisdom for other areas of life.
More Buffet family messiness:
Warren Buffett disowns adopted granddaughter
Warren Buffett recently got married, and now he's announcing a divorce: According to Page Six, Buffett has disowned Nicole Buffett, the adopted daughter of his son Peter, via snail mail after she appeared in Jamie Johnson (of the Johnson & Johnson dynasty) documentary "The One Percent" which is his second film about the lives of the very rich....
AN infuriated Warren Buffett has renounced one of his granddaughters - telling her she is no longer his relative "legally or emotionally" because she took part in a documentary about the lives of the very rich.
Nicole Buffett, the adopted daughter of Buffett's son Peter and biological daughter of Peter's ex-wife Mary, was featured in Jamie Johnson and Nick Kurzon's documentary, "The One Percent," which debuted at the Tribeca Film Festival this year and is a follow-up to Johnson's "Born Rich."
Enraged that Nicole not only participated in the documentary, but also plugged it on National Public Radio and "Oprah," Buffett wrote Nicole an "angry letter" two weeks ago telling her she was no longer part of his life, a source tells Page Six.
Buffett wrote, "I have not emotionally or legally adopted you as a grandchild, nor have the rest of my family adopted you as a niece or a cousin."
"He was angry Nicole was using the Buffett name to promote herself and said he no longer considered her his granddaughter," our source added.
Indeed, asked for comment, a rep for the mega-billionaire said, "Nicole is not Mr. Buffett's granddaughter. She is the daughter of a former daughter-in-law of his who was married to his son for only about 10 years."
This response shocked Nicole's friends. "We have seen pictures of her on his knee when she was 4. She spent family summers with him. She calls him Grandpa and always has. This is amazing," one pal said.
In the movie, Nicole tells interviewers, "I've been very blessed to have my education taken care of, and I have had my living expenses taken care of while I'm in school. After we're out of school, we don't get any money from our family . . . Money is the spoke in my grandfather's wheel of life."
When Nicole received Buffett's letter, she taped another interview with Johnson last week, in which she said: "To pretend like we don't have a familial relationship is not based in reality. I've spent months and years of my life at his home in Omaha with just my twin sister . . . I'm shocked and I'm hurt.
"The fact that now [Buffett] would tell me . . . that you don't consider us real grandchildren is unbelievable, to not only myself and my sister, but to my father."
wallstfolly.typepad.com
BTW Buffet's claim that he didn't adopt his granddaughter (he even speaks for the nieces and cousins) is irrelevant. His son adopted her and thus she is part of the family and rightly goes by the family name just like any other child. I have a feeling after he is gone, the children and grandchildren are going to be penning an interesting tell all book. |
