Interview with Warren Buffet

Talking about the joys of making billions and giving it away.

…if we were to pick our United States Olympic team based on the eldest son and the eldest daughter of those who represented us in all the events 24 years ago, we would think that was asinine, but to hand the resources of society, and the resources to command the labour of society and the materials of society, to a bunch of people simply because they happen to have the right last name strikes me as just as foolish in terms of how you manage a society as it would be to pick an Olympic team.

The United States will compete in this world, and we believe in equality of opportunity. Well, how can you have equality of opportunity when you hand somebody billions of dollars just because they came out of the right womb?

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