Tuesday, June 27, 2006

Bravo for Warren Buffett

From the New York Times:
Warren E. Buffett's $31 billion gift to the Bill & Melinda Gates Foundation will help the foundation pursue its longstanding goal of curing the globe's most fatal diseases, Mr. Gates said yesterday, along with improving American education.

The foundation hopes to use the enormous gift, among other things, to find a vaccine for AIDS, Mrs. Gates said. And Mr. Gates went further, saying that while he might be "overly optimistic," he believed there was a real shot at finding cures for the 20 leading fatal diseases, as well as ensuring that every American has a chance at a decent education.

"Can that happen in our lifetime?" Mr. Gates said, sitting next to Mr. Buffett at the New York Public Library, where the gift was formally announced after news of it broke on Sunday. "I'll be optimistic and say, Absolutely."
This is an example of what good people can do with great wealth; recognize that with their good fortune comes an obligation to help others.
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