Roughly 40 years ago, Warren Buffett’s son Peter got married to a woman named Marry, and there were together for 13 years before divorcing.
In the first year they were married, Buffett was already mega-rich, and Mary struggled to think of what to get her father-in-law, who could afford anything he wanted but with his simple tastes didn’t long for much.
Mary was a former executive at Columbia Records, and she and Peter’s son owned a music business together that was doing well. That got Mary thinking about what she could get her husband’s dad for Christmas.
Here’s what she told Think Advisor.
“I didn’t know what to get him, so I put together our music company’s balance sheet to show him that we were making money. I just wanted to show him, ‘Look, we’re doing good.’”
Mary reminisced about what a typical Christmas was like during those days, being married into one of the wealthiest families in the world. Suffice to say; it wasn’t what the holidays are like for most people.
“When the family got together in Laguna over Christmastime, all the titans of industry would be there. We’d have lunches and dinners, and they’d all talk about companies. Investing was the only thing Warren ever talked about!”
Even though Mary is no longer part of the family, she is a pretty big fan and has written nine books about Warren Buffett.