Yeninko of the Umlaut

Tuesday, June 27, 2006

Why I Love Warren Buffet.

It isn’t only because his plans for his $44,000,000,000 fortune consist of “giv[ing] nearly all of it away within months” to none other than the Bill and Melinda Gates foundation which has "focused much of its efforts on global health, backing the development, testing, manufacturing and delivery of vaccines for diseases such as malaria, tuberculosis and acute diarrhea that kill millions of children in developing countries every year."

But because of this little tidbit:

"Neither Susie [his now deceased wife] nor I ever thought we should pass huge amounts of money along to our children...Our children are great. But I would argue that when your kids have all the advantages anyway, in terms of how they grow up and the opportunities they have for education, including what they learn at home -- I would say it's neither right nor rational to be flooding them with money."

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