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Paul Murray's weblog, with news you may have missed and my $0.02 worth on a number of topics. "You can't make up anything anymore. The world itself is a satire. All you're doing is recording it."
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Tuesday, June 27, 2006
Warren and his gift
Lots of news coverage about Warren Buffett donating billions of dollars to the charitable foundation set up by Bill and Melinda Gates. Two worth noting that I've seen so far: 1. The NYT on their relationship: In public, there is a relaxed towel-snapping aspect to their relationship — as if they are making up for all those jocular moments that passed them by during their younger, more intensely ambitious years. 2. The Washington Post's Allan Sloan on the shrewd business aspects: I'm not dealing with the social aspects of Buffett's gift -- that's not my world. My world is finance, and any finance fan has to love the clever way that Buffett has set up his gift to take advantage of the Gates Foundation's expertise while simultaneously maximizing the gift's impact on the charitable world and minimizing the gift's downward pressure on Berkshire's stock price.
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