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Useless stress for Buffett
Old 03-29-2005, 04:43 AM   #1
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Useless stress for Buffett

Does a guy with all that money still have to get stressed out? *Wouldn't it be smarter for rich people like him to stay out of any more financial dealings, especially the shady ones? *He could be in a completely stress-free environment doing all sorts of fun things instead of having to be put in the hot seat answering investigators' questions. *Some people just don't know when to quit.

Buffett is called in AIG probe -- report By MarketWatch

NEW YORK (MarketWatch) -- Warren Buffett, the famed investor and chairman of Berkshire Hathaway Inc., reportedly has been called to answer investigators' questions in connection with their probe of a questionable transaction with American International Group Inc.

http://www.marketwatch.com/news/stor...eid=mktw&dist=

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Re: Useless stress for Buffett
Old 03-29-2005, 05:54 AM   #2
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Re: Useless stress for Buffett

When you're a larger than life figure like Buffett, everyon wants a piece of you. Poor guy.
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Re: Useless stress for Buffett
Old 03-29-2005, 06:08 AM   #3
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Re: Useless stress for Buffett

He's in it for the juice. The deal is the juice, not the money. I hear he is planning on leaving his children nothing, obviously this guy is a different cat.
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Re: Useless stress for Buffett
Old 03-29-2005, 06:25 AM   #4
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Re: Useless stress for Buffett

If Buffett ever retired, he'd be dead in six months or less. It's not the money, it's the game he likes.

Further, I doubt that he's crooked. Never say never, of course, but Mr. Warren likes deals not cons. Greenberg, maybe, but not Buffett.

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Re: Useless stress for Buffett
Old 03-29-2005, 06:43 AM   #5
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Re: Useless stress for Buffett

I do not think that he has an option not to appear.

I regard to quiting, he would'nt know what to do with his life without the thrills of the financial markets.

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It's not stress if you're obsessed.
Old 03-29-2005, 08:36 AM   #6
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It's not stress if you're obsessed.

Quote:
I hear he is planning on leaving his children nothing, obviously this guy is a different cat.
Buffett has said "I'll leave my kids enough money so that they feel they can do anything, but not enough to do nothing."

By any yardstick I think that his "kids" are successful. *Inheriting billions won't improve that.

Here's a Worth article that mentions Thayer Cheatham Willis, the Georgia-Pacific heiress, and her book "Navigating the Dark Side of Wealth: *A Life Guide for Inheritors." *It gives a good perspective on the issues, although I agree that wrestling with millions is probably a better deal than wrestling with poverty.

I see that Berkshire Hathaway is on sale today!
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