Warren Buffett on Gov't Intervention

[bamacre]

We both put $500 into PayPal next month, signing a contract that the money will be donated to a charity if Buffet gives away his money when he dies. If he doesn't, you get the money.

Put your money where your mouth is.

Poor charity. Why don't you guys put up something that won't deflate in value while Buffet still walks the earth. By the time they get that $500, it won't buy a pair of socks for a homeless man.



LK, I agree with you here. This is not about money to Buffet, it's a game, and he loves to play it.

 

[IHateMyJob2004]

I would probably say the same thing if I was one of the lucky few that have profited off of said "government intervention" at the expense of everyone else.

Darwin333 ... now that username is ironic.

 

[IHateMyJob2004]

Sure is odd that he spends so much time making even more money. I wonder why he hasn't given his wealth away already so that he can personally see the good that his charity has done?

What he wears and where he lives has little relevance. I know a rich bastard whose big thing is cigars. My cheap ass clothes probably cost more than his but he spends more on a single cigar than a years worth of my clothing costs.

I really don't have anything against the man. If he wants to make money, great. If he wants to give it all away, great. Just don't expect me to buy some bullshit that even though he is one of the very few making a ton of money that he is really only doing it to give it away after he dies. If he gives it all away tomorrow I will be more than happy to apologize.

Buffett has actually talked openly about this. Really, Darwin333? You need to re-register with a new username.

clue: it involves compounding.

 

[Darwin333]

Buffett has actually talked openly about this. Really, Darwin333? You need to re-register with a new username.

clue: it involves compounding.

It also involves risk (unless your a bankster of course).

I tell ya what, since I really really didn't give a shit about Buffett before this topic and I still don't, I will pretend that all of you are right and that the fact that he personally profited off of the actions has nothing whatsoever to do with his statements because he won't be able to spend the money after he dies.

Happy?