To The Moon

Warren Buffett said he would donate about $1.2 billion in Berkshire Hathaway stock to four family foundations, saying he is confident in the ability of his three children to give away his enormous fortune after his death.Buffett, 94 years old, amplified on a message he sent last year when he revealed that his three children, Howard, Susan, and Peter Buffett, would be responsible for giving away his wealth, which consists almost entirely of about $148 billion in Berkshire stock."The children have now more than justified our hopes and, upon my death, will have full responsibility for gradually distributing all of my Berkshire holdings. These now account for 99 1/2 % of my wealth," Buffett wrote to Berkshire Hathaway shareholders, according to a press release Monday.Buffett also elaborated on a decision he revealed a year ago, that the donation decisions after his death need to be unanimous among his three children. He noted that wealthy friends have questioned him about that requirement.

When a company's executives and board members sell their shares, it can raise concerns. But Nvidia's insider sales don't appear to be worrisome.