Thursday, June 29, 2006

In giving, Buffet completed the circle of capitalism

After much reflection, the Sage of Omaha has finally passed through the looking glass. And as in creating it, Warren Buffet’s philosophy of giving his wealth remains the same: seeking long term growth of value. His disdain for diversification and all high-cost intermediaries the idea brings with it, his focus on decades rather than quarters in terms of returns, his long term seeking of a charity that will do the “most good” rather than “some good” are direct reflections from his 30-year mirror of investing — more bang for the buck, in this case a ‘social’ bang.

Opinion in The Indian Express, June 29, 2006

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