8 years ago
How Warren Buffett’s Son Would Feed the World
When his three children were young, Warren Buffett installed a dime slot machine on the third floor of the family’s house, in Omaha, Nebraska. The objective was to convey the dangers of gambling, but it also meant the children’s allowance remained in his hands. “I could then give my children any allowance they wanted, as long as it was in dimes, and I’d have it all back by nightfall,” he remarked once at a Berkshire Hathaway annual meeting.
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