05/11/2010 09:18 am ET Updated May 25, 2011

Peter Buffett, Warren Buffett's Son: Parents, Don't Spoil Your Kids

NEW YORK (Reuters) -- The son of billionaire investor Warren Buffett has an old-world spiritual message for today's money-rich parents: teach your children values and do not give them everything they want.

Musician and now author Peter Buffett preaches the message in his new book "Life is What You Make it: Finding Your Own Path to Fulfillment". Recently released in the United States, it describes how he wound up a "normal, happy" person instead of a spoiled child to one of the world's richest people.

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