Buffett does not believe that it is wise to bequeath great wealth and plans to give most of his money to his charitable foundation. ... Buffett is not cutting his children out of his fortune because they are wastrels or wantons or refuse to go into the family business - the traditional reasons rich parents withhold money. Says he: "My kids are going to carve out their own place in this world, and they know I'm for them whatever they want to do." But he believes that setting up his heirs with "a lifetime supply of food stamps just because they came out of the right womb" can be "harmful" for them and is "an antisocial act." To him the perfect amount to leave children is "enough money so that they would feel they could do anything, but not so much that they could do nothing." For a college graduate, Buffett reckons "a few hundred thousand dollars" sounds about right.
Warren BuffettRelated topics
act antisocial anything believe business came children college cutting enough family few food fortune great hundred leave lifetime money nothing perfect place refuse rich right thousand traditional wealth whatever wiseRelated quotes
I used to be a hide-bound Tory simply for traditional and antiquarian reasons-and because I had never done any real thinking on civics and industry and the future. The depression-and its concomitant publicisation of industrial, financial, and governmental problems-jolted me out of my lethargy and led me to reëxamine the facts of history in the light of unsentimental scientific analysis; and it was not long before I realised what an ass I had been. The liberals at whom I used to laugh were the ones who were right-for they were living in the present while I had been living in the past. They had been using science while I had been using romantic antiquarianism. At last I began to recognise something of the way in which capitalism works-always piling up concentrated wealth and impoverishing the bulk of the population until the strain becomes so intolerable as to force artificial reform.
H. P. Lovecraft
In fact, there is something puzzling about the Higgs mass we now do observe. It is generally known as the "hierarchy problem.” Since it is the Higgs mass that sets the scale for the masses of all other known elementary particles, one might guess that it should be similar to another mass that plays a fundamental role in physics, the so-called Planck mass, which is the fundamental unit of mass in the theory of gravitation. (It is the mass of hypothetical particles whose gravitational attraction for one another would be as strong as the electric force between two electrons separated by the same distance.) But the Planck mass is about a hundred thousand trillion times larger than the Higgs mass. So, although the Higgs particle is so heavy that a giant particle collider was needed to create it, we still have to ask, why is the Higgs mass so small?
Steven Weinberg
The Doctrine of a Perfect God; in whose nature nothing arbitrary or changeable can have a place; in whose Highest Being we all live, and in this Life may, and ought at all times to be, blessed;-this Doctrine, which ignorant men think they have sufficiently demolished when they have proclaimed it to be Mysticism, is by no means Mysticism, for it has an immediate reference to human action, and in deed to the inmost spirit which ought to inspire and guide all our actions. It can only become Mysticism when it is associated with the pretext that the insight into this truth proceeds from a certain inward and mysterious light, which is not accessible to all men, but is only bestowed upon a few favourites chosen from among the rest:-in which pretext the Mysticism consists, for it betrays a presumptuous contemplation of personal merit, and a pride in mere sensuous Individuality.
Johann Gottlieb Fichte
Senator Obama and I have had and argued our differences, and he has prevailed. No doubt many of those differences remain.
These are difficult times for our country. And I pledge to him tonight to do all in my power to help him lead us through the many challenges we face.
I urge all Americans ... I urge all Americans who supported me to join me in not just congratulating him, but offering our next president our good will and earnest effort to find ways to come together to find the necessary compromises to bridge our differences and help restore our prosperity, defend our security in a dangerous world, and leave our children and grandchildren a stronger, better country than we inherited. Whatever our differences, we are fellow Americans. And please believe me when I say no association has ever meant more to me than that.
John McCain
When you tell me that father Adam was made as we make adobies from the earth, you tell me what I deem an idle tale. When you tell me that the beasts of the field were produced in that manner, you are speaking idle words devoid of meaning. There is no such thing in all the eternities where the Gods dwell. Mankind are here because they are the offspring of parents who were first brought here from another planet, and power was given them to propagate their species, and they were commanded to multiply and replenish the earth. The offspring of Adam and Eve are commanded to take the rude elements, and, by the knowledge God has given, to convert them into everything required for their life, health, adornment, wealth, comfort, and consolation. Have we the knowledge to do this? We have. Who gave us this knowledge? Our Father who made us; for he is the only wise God.
Brigham Young