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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