Warren Buffett Interview: The Best Life Advice I’ve Ever Received

Billionaire Warren Buffett, widely considered the smartest investor on the planet and known for his modest lifestyle despite astronomical wealth, was recently asked the best advice he ever received. Surprisingly, it wasn’t about money, finances or wealth creation. It was about parenting. Here’s what Buffett said about the best advice he’s 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. – Warren Buffett


Warren Buffett donates $1.5 billion to Gates Foundation

Investor Warren Buffett has donated another $1.5 billion to the Bill & Melinda Gates Foundation, part of his plan that began in 2006 to donate 99 percent of his wealth. According to a filing with the Securities and Exchange Commission, Buffett donated on Thursday 19.34 million Class B shares of his insurance and investment company [...]

Warren Buffett lunch bids top $1.5 million

The annual charity auction for lunch with legendary 80-year-old investor Warren Buffett began on Sunday night, and by midday on Monday, bids already topped $2 million. The six bids placed thus far have come from two anonymous bidders. Last year’s winner paid $2.63 million for the right to dine with Buffett at the Manhattan steakhouse [...]

Billionaire Warren Buffett on Apple

“Even though Apple may have the most wonderful future in the world, I’m not capable of bringing any drink to that particular party and evaluating that future,” Warren Buffett said. “I simply look at businesses where I think I have some understanding of what they might look like in five or 10 years.” – from [...]

Warren Buffet donates $1.6 billion to Gates Foundation

Billionaire Warren Buffett has donated $1.93 billion to five charitable foundations, including $1.6 billion to the Bill & Melinda Gates Foundation, which combats global hunger and funds U.S. education initiatives. Buffett, 79, is giving away a personal fortune – estimated at $47 billion by Forbes magazine. Buffett gave another $330 million to four other charities. [...]

Bill Gates & Warren Buffett’s $600 Billion Challenge

Bill Gates, Melinda Gates, and Warren Buffett are asking the nation’s billionaires to pledge to give at least half their net worth to charity, in their lifetimes or at death. If their campaign succeeds, it could change the face of philanthropy. Here’s Fortune with the report: Gates and Buffett started what can be called the [...]

Carlos Slim Helu is the richest man

The annual Forbes billionaire list says Mexico’s Carlos Slim Helu is the richest man in the world, finally edging out Microsoft founder Bill Gates and signaling the rising wealth in developing nations.

Lifetime Honorary Chairman of Telefonos de Mexico Carlos Slim Helu participates in the Wall St. Journal CEO Council on ‘Rebuilding Global Prosperity’ in Washington in this November 16, 2009 file photo. He is the richest man in the world on Forbes rich list.

Kevin Lamarque/Reuters/File