Bill Gates, Warren Buffett: Primer for Giving
Gleaned from public interactions of Warren Buffett and Bill and Melinda Gates in India.
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- A child who gets a vaccine does not ask where the money for the vaccine is coming from.
- There are no rules of success in philanthropy; in fact, there should be failures, which make the successes more important.
- The reason we would like the money donated to be spent quickly is because we would like to know and trust the people who head the foundations that utilise it.
- The biggest breakthroughs will come in bringing the advantages of digitisation to the poor to transform their lives.
- Donating our personal wealth is not the same as donating company wealth. Our companies will carry on doing what they are doing and our actions are independent of that.
- The biggest thing about philantrophy is the amount of time you need to give it, which is far more important than the money.