Friday, July 09, 2010

Warren Buffett: on the best advice he ever received

"The power of unconditional love. I mean, there is no power on earth like unconditional love. And I think that if you offered that to your child, I mean, you’re 90 percent of the way home. There may be days when you don’t feel like it — it’s not uncritical love; that’s a different animal — but to know you can always come back, that is huge in life. 

That takes you a long, long way. And I would say that every parent out there that can extend that to their child at an early age, it’s going to make for a better human being."

Buffett is in the process of donating 99 percent of his wealth to charity, and recently gave away about $2 billion. He has joined forces with Bill and Melinda Gates on an initiative to persuade the world's billionaires to donate half their fortunes to charity. (from an interview with Yahoo! News)

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