I believe Warren Buffet is donating most of his money and giving hardly any to his kids. We think wow that is great, that’s admirable, they want to teach their kids some valuable lessons. I believe this is a total cop-out. I believe that you are copping-out of the personal responsibility as a parent. Falsely associating that because I have money and because my kids will be born into wealth, they won’t be able to learn valuable lessons of hard work, work ethic, the proper morals, and the standards from which to conduct yourself.
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