Monday, June 26, 2006
Charity
Warren Buffett, the world's second-richest man valued at over $44 billion dollars, has announced his plans to give away about 85% of his wealth. The way he is doing it is interesting to me - very rational. The interview at the end of the article is even more interesting to me. That he is following through with a principle he mentioned 20 years ago is worth noting - that a very rich man should leave his children enough to do anything. He should not leave them enough to do nothing.
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