1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Buffett-Gates team has truly lofty goals

July 04, 2006

We all made a big deal out of Warren Buffett's decision to give $31 billion to the Bill and Melinda Gates Foundation and, I guess, a $31 billion donation does qualify as a big deal.

What Gates hopes to do with the money is a bigger deal, however. He plans to use it to cure the 20 most fatal diseases in the world and, while he's at it, make sure that every American has a decent education.

"Can that happen in our lifetime?" Gates asked during a ceremony announcing Buffett's gift. "I'll be optimistic and say, absolutely."

I don't know if the Gates Foundation will be successful in its quest. I hope it will - but Gates' lifetime is likely to be longer than mine.

What struck me - and, most likely, what struck Warren Buffett - was the sheer audacity of the goal. Gates wants to end deadly diseases and, at the same time, ensure quality education for all Americans.

Read the complete article

Rating: 0.0/5 (0 votes)


Please leave your comment:

More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners

brettHigh Quality
kw1123S&P Consistent Growth
pbarker46Low 3 Hist Values
pbarker46Hist. Low Shiller PE
pbarker46Hist. Low PS
pbarker46Hist. Low PB
pbarker46Begin here
DBrizanOUSA beater CDN 20FEB2017
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)