Quote:
Originally Posted by SaintessHeart
Buffett actually doesn't really care about the money he earns, he only cares about how much he loses. 
He is one of the most eccentric rich people in the world, he earns money from the stock market just to give himself satisfaction, and he throws practically all the money back into the market again.
There is a recent article which a reporter blasted him for being "useless" and "pathetic" for not being able to make a concrete stand while testifying against Goldman Sachs, claiming that he's "doing it to protect his investments". From what I know, he doesn't invest much in financial firms because he already owns one (Berkshire Hathaway). It is funny that many people have illogical concepts about real philanthropists like him. |
Buffett isn't a REAL philantrophist. He's a
philantrocapitalist.
Paul Newman might be more suitable.
http://en.wikipedia.org/wiki/Newman%27s_Own
He makes zero profit out of it, unlike Buffett, who still gets a small slice of the pie.