Warren Buffett advocates the BDB way for his heirs.
Well obviously he would if he had met us but read what he does have to say in support of our investment philosophy, particularly about how he wants his fortune invested for his heirs. What applies in the USA is just as relevant here in the UK. Here is a link to his address to the Berkshire Hathaway shareholders;
As the article concludes…’At 85, Buffett is thinking about his legacy. He wants the best for his heirs, which is why he’s issued instructions that his personal wealth should be invested passively on his death.’
Warren Buffett is, remember, the most successful investor of the modern era. When he offers such candid advice as he did (in this article), it surely makes sense to pay attention.
If you have any questions arising from this please dont hesitate to contact us.