"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 ..... I would say its's neither right nor rational to be flooding them with money."
- Warren Buffett, the world's 2nd richest man, who donated US$31 billion of his personal fortune to the Bill and Melinda Gates Foundation.
Explaining why he had picked his friend, Bill Gates, who is 25 years his junior, as his vehicle for charity, he said:
"What can be more logical, in whatever you want done, than finding someone better equipped than you are, to do it."
Tuesday, June 27, 2006
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