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Warren Buffett

Does the Gates’ Letter 2017 answer Warren Buffett’s questions?

Suvojit Chattopadhyay's picture

Melinda and Bill Gates have made an annual tradition of publishing their thoughts on their work in global development, the challenges they face, and their goals for the future. These letters are a manifesto for their philanthropic work, most of which is channelled through the Bill and Melinda Gates Foundation.

The Gates structured their 2017 Annual Letter as a response to Warren Buffet’s (CEO of Berkshire Hathaway Inc.) letter to Melinda and Bill Gates, where he asked them to reflect on their work so far – on what had gone well, and what hadn’t; and to describe their goals for the future. He further said:

There are many who want to know where you’ve come from, where you’re heading and why. I also believe it’s important that people better understand why success in philanthropy is measured differently from success in business or government. Your letter might explain how the two of you measure yourselves and how you would like the final scorecard to read.

Buffet’s questions assume great significance given that in 2006, he pledged to donate 85% of his wealth to charity, and allotted a sum of about $31 billion to the Gates Foundation. These questions, from one of the most successful investor of our times, are essentially about how well his philanthropic investment in the Gates Foundation was doing. What had he helped them achieve?

Be bullish about investing in women, and … be better at everything

Leszek J. Sibilski's picture

“You make me proud to spell my name W-O-M-A-N.” Maya Angelou
 
On the morning of June 14, 2016, I found myself surrounded by 5,000 women as part of the first day of the first United State of Women Summit convened by The White House at the Walter E. Washington Convention Center. The #StateofWomen movement brought together activists from all 50 US states and from around the world. The Summit was a result of President Obama’s establishment of the White House Council on Women and Girls, which was initiated seven and a half years ago.
 
The two-day gathering focused on key gender equality issues including economic empowerment, health and wellness, educational opportunities, violence against women, entrepreneurship and innovation, as well as leadership and civic engagement. Participants had the opportunity to celebrate their achievements and to be inspired to meet the challenges yet to come. The stimulating plenary sessions were mixed with solutions seminars, entertainment, and exhibitions. The Summit  featured speakers such as First Lady Michelle Obama, Oprah Winfrey, Nancy Pelosi, Kerry Washington, Patricia Arquette, Tory Burch, and Shonda Rhimes among many others. The MCs of the Summit were two very powerful women’s right advocates: Valerie Jarrett and Tina Tchen. The stimulating plenary sessions were mixed with solutions seminars, entertainment, and exhibitions. 

The United State of Women