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Oracle of Omaha launches cartoon

Warren Buffett said he hopes to teach good financial habits. Warren Buffett said he hopes to teach good financial habits.
Associated Press / April 29, 2010

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OMAHA — The long-delayed cartoon featuring financial lessons from billionaire Warren Buffett will finally debut this weekend at Berkshire Hathaway’s annual meeting and online.

Buffett said he hopes the series will teach children good financial habits.

“I just hope that they become more financially savvy and start thinking about certain principles of saving and learning and that sort of thing at an earlier age than perhaps they would otherwise,’’ Buffett said yesterday.

The “Secret Millionaire’s Club’’ cartoon is designed to teach key financial principles such as avoiding debt, supply and demand, and the importance of pursuing your dreams. Some of the messages are similar to the advice Buffett gave the 44 groups of college students he met with over the past school year, but they’ve been reworked.

“They’re fairly simple lessons, but sometimes simple is best,’’ he said.

The series focuses on four children who find some baseball memorabilia worth millions that they sell to save their community center. Buffett helps them manage the money they have left after saving the center.