Buffett's TV Refusal

A story about Warren Buffett's extreme frugality with his children, even after becoming wealthy.

"There was a time when his daughter was living in a really crappy apartment and she had just had a baby. One of Buffett's friends goes to check on her and the daughter can barely see the TV because it's a little small black and white TV.

The friend goes, 'Warren, you should buy her a big screen TV man, she just had a baby, she's sitting in this shitty apartment, just buy her a TV.' And he wouldn't do it. He didn't want to buy her a TV. It took convincing - he's like 'I don't want to spoil them.'

He's really cheap and didn't seem like the best father."

SP

Sam Parr

Host of MFM and fitness influencer

Sam Parr is a serial entrepreneur and business media pioneer.

In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.

Sam led the charge in making newsletters popular when few believed in their potential.

After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.

Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.

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