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unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them

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“unHeritage is definitely the lighthouse for protecting your family and wealth for generations. This book is a must read for anyone interested in legacy planning.” Enzo Calamo

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Center for Family Conversations

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The Center for Family Conversations (CFC) is a resource center that provides the integral tools and ideas in helping families establish a 100-year-plus Family Legacy Plan.

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THE TYCOON PLAYBOOK – How Business Empires Are Built

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The Tycoon Playbook course was created for business families who are already running a successful business and wish to ramp up their growth while preserving wealth for future generations. Specifically, the Playbook teaches high performance business owners the two most highly rewarded skills in business, namely deal-making and how to acquire cash flow producing business assets.

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CNN Financial News

China's rubber-stamp parliament: 3 things you need to knowThree thousand delegates have gathered in Beijing to kick off China's annual rubber-stamp parli [...]

Here's where people are flying private jetsIf you see a private plane in the sky, there's a pretty good chance it's coming from -- or [...]

Etsy files $100 million IPORead full story for latest details. [...]

HBO without cable will reportedly cost $15 a monthHBO without the rest of cable's trappings. We knew it was coming, we just didn't know when [...]

The 'Starbucks effect': Higher home pricesLiving near a Starbucks has its benefits for homeowners, whether you're a coffee drinker or not [...]

What Stephanopoulos doesn't understand about Brian Williams controversyWhile the television industry is wondering whether Brian Williams will ever return to "NBC Nigh [...]

David Geffen's $100M gift buys naming rights to NYC concert hallDavid Geffen's name is a staple on Hollywood credits lists. Now it will also be attached to one [...]

Mark Zuckerberg has one rule for hiringRead full story for latest details. [...]

Andy Lack leaves Broadcasting Board of Governors weeks after arrivingAn openly disappointed chairman of the Broadcasting Board of Governors confirmed on Wednesday that A [...]

Americans have a record $248 billion in 529 college savings accountsMore Americans are saving money for college using 529 accounts. [...]

Saudi Arabia: Don't blame us for oil's big plungeRead full story for latest details. [...]

Lumber Liquidators draws senator's ireA top U.S. senator is calling for a federal investigation into Lumber Liquidators. [...]

 

CNN Small Business News

These doctors do house calls -- for just $99Startup HEAL promises a doctor at your doorstep in under 60 minutes, for a flat fee of just $99. [...]

How to start a successful craft beer brewerySome Americans are ditching their boring day jobs to start their own craft breweries. It's not [...]

Obsolete jobs: Meet the guy who fixes Tom Hanks' typewriterSelf-described 'Last of the Mohicans' is still fixing typewriters after 55 years. [...]

#TheDress goes viral: Sales soar 347%Read full story for latest details. [...]

They're getting cash, free products, and YouTube-famousFameBit is helping brands place their products in YouTube videos. [...]

The woman who broke into the BBQ 'boys club'Melissa Cookston is a BBQ Pit Master Champion who runs three restaurants. Here's how she did it [...]

From street child in China to Intel mentorRead full story for latest details. [...]

It's Magic! Send a text, get anything you needRead full story for latest details. [...]

15 startups. One Silicon Valley bed and breakfast.Blackbox, a two-week Palo Alto accelerator, gives foreign entrepreneurs a soft landing to enter the [...]

Immigration reform: Is this the first step?Read full story for latest details. [...]

This razor could diversify Silicon ValleySilicon Valley entrepreneur Tristan Walker is in pursuit of a more colorful tech scene. [...]

How to make money with $1 slicesRead full story for latest details. [...]

 

CNN Money News

Americans have a record $248 billion in 529 college savings accountsMore than 12 million Americans have a 529 savings plan, a jump of more than 4% in the past year. [...]

What to do with a big, fat inheritanceFind yourself suddenly holding one big lump sum of cash? Here's what you need to know to make s [...]

The secret world of government debt collectionCNNMoney's exclusive investigation looks at the debt collectors hired by government agencies to [...]

Buffalo's $1 homes aren't as cheap as they seemRead full story for latest details. [...]

529 plans may soon cover more college expensesRead full story for latest details. [...]

Michael Jordan joins billionaires' clubRead full story for latest details. [...]

The millennial investor raking in a 250% returnJustin Brosseau started investing when at age 15. Friends laughed. Boy has that changed. [...]

This should be your first investmentRead full story for latest details. [...]

Identity theft tops list of consumer complaintsRead full story for latest details. [...]

'Corinthian 15' launch 'debt strike' over student loansA handful of former students, banded together as the "Corinthian 15," are claiming to be [...]

CEOs make double what NBA players doAfrican-American actor Hill Harper is telling kids if you want to get rich, start saving now and aim [...]

24 hours with a U.S. diplomatCharlie Slater has spent the last 21 years working in U.S. embassies worldwide. His latest post is V [...]

 

Fortune Magazine

Will Mmmhops be a hit?Hanson is attempting to chart with a new microbrew. [...]

NBA confirms L.A. Clippers sale to ex-Microsoft CEO Steve BallmerDonald Sterling sues the NBA for damages and demands to be reinstated as owner. [...]

FBI and SEC probe into Carl Icahn and golfer Phil MickelsonAuthorities are looking into the potenial insider trading. [...]

Google launches "right to be forgotten" service in EuropeNow European citizens can request to have search results removed. [...]

Zuckerberg's latest donation reawakens concerns over mixed results in NewarkFacebook founder and his wife donate $120 million to Bay Area schools, claim to have learned from pr [...]

Five crazy things Steve Ballmer has doneIn light of Ballmer placing the highest bid on an NBA team in history on Thursday, here are some of [...]

Four ways Apple could have the "best" product pipeline everFrom the obvious upgrades to the bold and daring. [...]

The all-time most popular stories are...Scoops on movers and shakers, from Marissa Mayer to Mark Zuckerberg to Rupert Murdoch, are the most [...]

Web browsers aren't fun anymoreMozilla updates Firefox, but is it enough to bring old users back? [...]

Valeant injects more cash into bid for Botox-maker AllerganRevised offer worth around $53 billion comes days after drugmaker's last bid. [...]

How to get employees to save for retirementAutomatically enrolling workers into a savings plan and reminding them how much they can lose may ju [...]

Pacing nervously with... Jamin Warren, founder and CEO, Kill ScreenHanging backstage with the videogame arts and culture impresario ahead of his annual two5six confere [...]

 

Reuters Business News

BEIJING (Reuters) - China on Thursday announced an economic growth target for this year of around 7 [...]

TOKYO (Reuters) - Asian stocks slipped on Thursday after Wall Street continued to pull back from rec [...]

BARCELONA/BRUSSELS (Reuters) - Germany and the European Commission slapped down talk of a third fina [...]

NEW YORK (Reuters) - U.S. private employers added fewer jobs than expected last month, with the gain [...]

NEW YORK (Reuters) - U.S. oil futures rose on Wednesday and benchmark Brent pared losses as OPEC mem [...]

BEIJING (Reuters) - China aims to grow its economy by around 7 percent in 2015 and to keep consumer [...]

(Reuters) - UBS Group AG has hired a team of three executives for its U.S. consumer and retail inves [...]

 

Reuters Economy News

CARACAS (Reuters) - Venezuela confirmed on Tuesday it had entered a recession while inflation remain [...]

WASHINGTON (Reuters) - The Obama administration on Tuesday bowed to months of growing pressure over [...]

NEW YORK (Reuters) - Investors backed away from global equity markets on Tuesday, with light volume [...]

NEW YORK (Reuters) - U.S. stocks fell on Tuesday as investors engaged in profit-taking to pull major [...]

NEW YORK (Reuters) - Crude futures closed up slightly Tuesday, getting some relief from a weak dolla [...]

 

Reuters Business Video

Stocks continued to fall back from record levels hit earlier in the week. Healthcare stocks were a b [...]

McDonald's U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to [...]

McDonald's decision to phase out human antibiotics from its chicken supply is part of the fast [...]

 
 

Warren Buffet

 
  • Buffett helps Burger King bite off U.S. tax

    Buffett helps Burger King bite off U.S. tax   Warren Buffett’s company Berkshire Hathaway is helping fund Burger King’s corporate move to Canada. Does it mesh with his previous comments on taxes?

     
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  • The Giving Pledge – WARREN BUFFETT

    The Giving Pledge – WARREN BUFFETT

    The Giving Pledge – WARREN BUFFETT       “Were we to use more than 1% of my claim checks (Berkshire Hathaway stock certificates) on ourselves, neither our happiness nor our well-being would be enhanced. In contrast, that remaining 99% can have a huge effect on the health and welfare of others.”  

     
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  • Chuck Feeney – Recipient Of The Forbes 400 Lifetime Achievement Award For Philanthropy

    Chuck Feeney: Recipient Of The Forbes 400 Lifetime Achievement Award For Philanthropy   Warren Buffett commends the founder of Atlantic Philanthropies, an organization that has pledged more than $6.5 billion in grants to promote education, health, peace and human dignity throughout the world. 

     
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  • Bob Browne: A Lesson in Tax-Deferred Investing from Warren Buffett

    Bob Browne: A Lesson in Tax-Deferred Investing from Warren Buffett   As investors look to build wealth, they can learn both tax strategy and investment strategy lessons from Warren Buffett’s recent sale of Graham Holdings Company.  

     
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  • Buffett on technology replacing jobs

    Buffett on technology replacing jobs   Warren Buffett explains why he thinks it’s progress to have technology replacing human jobs, but acknowledges that people who are left behind need support. 

     
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  • Warren Buffett on Giving Away His Money and the Gates Foundation

    Warren Buffett on Giving Away His Money and the Gates Foundation

    Warren Buffett on Giving Away His Money and the Gates Foundation     The Giving Pledge is a campaign to encourage the wealthiest people in the world to make a commitment to give most of their wealth to philanthropic causes. The campaign specifically focuses on billionaires and was made public in 2010 by Warren Buffett and Bill Gates. The Huffington Post reported in April 2012 that “81 billionaires committed to giving at least half of their fortunes to charity”. As of April 2013, 105 billionaires have signed the pledge. The following are signatories to the Giving Pledge as of April 2013:[12] Bill Ackman and wife Karen Paul Allen John D. Arnold and wife Laura Manoj Bhargava[13] Steve Bing Nicolas Berggruen Sara Blakely[14] Arthur Blank Michael Bloomberg Richard Branson[15] and wife Joan Eli Broad and wife Edythe Charles Bronfman[13] Edgar M. Bronfman Warren Buffett Steve Case and wife Jean John Caudwell Leon G. Cooperman and wife Toby Joe Craft Joyce and Bill Cummings Ray Dalio and wife Barbara John Paul DeJoria John Doerr and wife Ann Doerr Barry Diller and Diane von Furstenberg Glenn Dubin and wife Eva Larry Ellison Chuck Feeney Andrew Forrest and wife Nicola Ted Forstmann Phillip Frost and wife Patricia Bill and Melinda Gates Dan Gilbert and wife Jennifer[13] David Green and wife Barbara Jeff Greene and wife Mei Sze Harold Hamm and wife Sue Ann Reed Hastings and wife Patty Quillin[13] Lyda Hill Barron Hilton Chris Hohn Jon Huntsman, Sr. and wife Karen Mo Ibrahim Carl Icahn Irwin M. Jacobs and wife Joan George Kaiser Vinod Khosla and wife Neeru Sidney Kimmel Richard Kinder and wife Nancy Kenneth Langone and wife Elaine H.F. Lenfest and wife Marguerite Peter B. Lewis[13] Lorry I. Lokey George Lucas Duncan MacMillan and wife Nancy Alfred E. Mann Joe Mansueto and wife Rika Bernie Marcus and wife Billi Red McCombs and wife Charline Michael Milken and wife Lori George P. Mitchell Tom Monaghan Gordon Moore and wife Betty[13] John Morgridge and wife Tashia Dustin Moskovitz and Cari Tuna Patrice Motsepe and wife Precious Elon Musk Jonathan M. Nelson[13] Pierre Omidyar and wife Pam Bernard Osher and wife Barbro Ronald Perelman Jorge M. Perez and wife Darlene[13] Peter George Peterson T. Boone Pickens Victor Pinchuk Hasso Plattner Vladimir Potanin Azim Premji[16] Julian Robertson David Rockefeller Edward W. and Deedie Potter Rose David M. Rubenstein David Sainsbury John Sall and wife Ginger Henry Samueli and wife Susan Herb and Marion Sandler Vicki and Roger Sant Denny Sanford Lynn Schusterman Walter Scott, Jr. Thomas Secunda and wife Cindy Harold Simmons and wife Annette Jim and Marilyn Simons Jeff Skoll John A. Sobrato, wife Susan and son John Michael Sobrato Patrick Soon-Shiong and wife Michele B. Chan Ted and Vada Stanley Tom Steyer and wife Kat Taylor James E. Stowers and wife Virginia Vincent Tan Claire and Leonard Tow[13] Ted Turner Albert Lee Ueltschi[13] Dr. Romesh Wadhwani and wife Kathleen[13] Sanford Weill and wife Joan Shelby White, widow of non-signatory Leon Levy Charles Zegar and […]

     
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  • Warren Buffett & Bill Gates on Measuring Performance – Lugen Family Office

    Warren Buffett & Bill Gates on Measuring Performance – Lugen Family Office

    Warren Buffett & Bill Gates on Measuring Performance, Wealth, Billionaires, Financial Crisis   Performance measurement is the process of collecting, analyzing and/or reporting information regarding the performance of an individual, group, organization, system or component. It can involve studying processes/strategies within organizations, or studying engineering processes/parameters/phenomena, to see whether output are in line with what was intended or should have been achieved.   Performance measurement has been defined by Neely[1] as “the process of quantifying the efficiency and effectiveness of past actions”, while Moullin[2] defines it as “the process of evaluating how well organisations are managed and the value they deliver for customers and other stakeholders”. Discussion on the relative merits of these definitions appeared in several articles in the newsletter of the Performance Management Association.[3]   Wikipedia – Performance Measurement   The wealth effect is an economic term, referring to an increase (decrease) in spending that accompanies an increase (decrease) in perceived wealth.   The effect would cause changes in the amounts and distribution of consumer consumption caused by changes in consumer wealth. People should spend more when one of two things is true: when people actually are richer, objectively, or when people perceive themselves to be richer—for example, the assessed value of their home increases, or a stock they own goes up in price.   Demand for some goods (especially Inferior goods) typically decreases with increasing wealth. For example, consider consumption of cheap fast food versus steak. As someone becomes wealthier, their demand for cheap fast food is likely to decrease, and their demand for more expensive steak may increase.   Consumption may be tied to relative wealth. Particularly when supply is highly inelastic – or in the case of monopoly – one’s ability to purchase a good may be highly related to one’s relative wealth in the economy. Consider for example the cost of real estate in a city with high average wealth (for example New York or London), in comparison to a city with a low average wealth. Supply is fairly inelastic, so if a helicopter drop (or gold rush) were to suddenly create large amounts of wealth in the low wealth city, those who did not receive this new wealth would rapidly find themselves crowded out of such markets, and materially worse off in terms of their ability to consume/purchase real estate (despite having participated in a weak Pareto improvement). In such situations, one cannot dismiss the relative effect of wealth on demand and supply, and cannot assume that these are static. (see also General equilibrium).   However, according to David Backus, an NYU economist, the wealth effect is not observable in economic data, at least in regards to increases or decreases in home or stock equity.[2] For example, while the stock market boom in the late 1990s (q.v. dot-com bubble) increased the wealth of Americans, it did not produce a significant change in consumption, and after the crash, consumption did not decrease.[2]   Economist Dean Baker disagrees and says that “housing wealth effect” is […]

     
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  • Buffett Grandson: Our Plans to Change the World

    Buffett Grandson: Our Plans to Change the World   Sept. 17, 2013 (Bloomberg) — Howard W. Buffett, executive director of the Howard G. Buffett Foundation, talks about his public management class at Columbia University and new book “40 Chances: Finding Hope in a Hungry World.” Buffett is the son of Berkshire Hathaway Inc. Director Howard Buffett and grandson of Chairman Warren Buffett. He speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)  

     
  •  
  • Three Generations of Buffett: We’re the Lucky Ones

     
  • Three qualities that the people you hire should have

     
  • Investing in yourself – Warren Buffett

     
  • Passion and Energy – Warren Buffett

     
  • Chains of Habit – Warren Buffett

     
  • 7 Warren Buffett Quotes on Investing

     
  • Warren Buffet & Tony Robbins speak on the journey to success

     
  • How to Stay Out of Debt: Warren Buffett – Financial Future of American Youth (1999)

     
  • Warren Buffett Accepts Lifetime Achievement Award from Bono at Forbes 400 Summit

     
  • Bono Serenades Warren Buffett At Forbes 400 Summit

     
  • Berkshire Hathaway, 3G Capital to buy Heinz for $23bln

     
  • Motsepe Joins Warren Buffet’s giving pledge

     
  • Warren Buffet’s Thoughts on Wall Street Compensation and Value to Society

     
  • Charlie Rose – Carol Loomis on Warren Buffett (11/26/12)

     
  • Warren Buffett wants his MTV

     
  • Why Buffett is giving away his money

     
  • The Best of Value Investing

     
  • Business Lessons From Billionaire Warren Buffett

     
  • Bill Gates talking about Warren Buffett

     
  • Charlie Rose – An Hour with Warren Buffett

     
  • Warren’s Wisdom – Warren Buffett

     
  • Warren Buffett Revealed

     
  • Biography Channel – Warren Buffett (3/4)

     
  • Biography Channel – Warren Buffett (2/4)

     
  • Biography Channel – Warren Buffett (1/4)

     
 
 
 

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Reuters Wealth News

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(Reuters) - Warren Buffett telling the rest of us about the advantages of conglomerates is like Will [...]

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(Reuters) - JPMorgan Chase & Co Treasurer Craig Delany, who also oversees the bank's Chief [...]

 

MarketWatch Personal Finance

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Not surprisingly, four of them have worked at Facebook. [...]

Activist fathers and others petition Amazon for inclusion and recognition. [...]

Autonomous cars could take the human error out of driving. [...]

 
 
 
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