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Bill Gates: The Best Investment I’ve Ever Made

30 points by snake117 8y ago

bart3r 8y ago
no paywall version?
- Shoop 8y ago
  https://outline.com/B7NrVU https://outline.com/B7NrVU
- commoner 8y ago
  These open source browser extensions allow you to bypass paywalls on sites like the Wall Street Journal: https://github.com/iamadamdev/bypass-paywalls-firefox https://github.com/iamadamdev/bypass-paywalls-firefox https://github.com/iamadamdev/bypass-paywalls-chrome https://github.com/iamadamdev/bypass-paywalls-chrome The Firefox one also works on Firefox for Android.
deleted 8y ago
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misterdoubt 8y ago
Clickbait spoiled: it's his global health work, natch.
- slantedview 8y ago
  Another spoiler: Gates uses his philanthropy efforts as a backdoor mechanism for pushing special interests, some of which he owns personal stakes in, into new African markets. GMO crops and insecticides are pushed onto poor farmers and communities under the guise of keeping down mosquito populations, and western companies profit.
  - mryall 8y ago
    If mosquito populations are kept down, and African people benefit from decreased disease and famine, might it not be worth it? You seem to imply that there's something intrinsically bad in GMO crops, insecticides or making a profit. Technology and trade sounds like overall it is helping, based on the global health statistics I see.
    - cat199 8y ago
      you seem to imply that these are the only means to reduce disease and famine..
  - crisdux 8y ago
    Yes because famine and disease is much better. We should stop all progress because some people are making money.
    - cat199 8y ago
      this presumes gmo crops and high medicinal costs are required for these efforts. call me back when pharma companies don't use geographical price discrimination when they can get away with it, and when 'developed' countries aren't throwing away agricultural output on subsidies..
  - hannasanarion 8y ago
    How dare he supply farmers with nutritious high-yield seed. Real men farm with wheat cultivars from the stone age that look and taste like grass.
deleted 8y ago
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vertline3 8y ago
For me it is him eliminating the worm that is in drinking water. Uhm but I'm not sure of all of his investments and I was stuck behind the paywall. I hope his nuclear plans work.
whack 8y ago
Relevant paragraphs: > our goal was to save lives and stop suffering... But they’ve also been successful in the way that investments traditionally are: They’ve created a lot of wealth, because when people aren’t sick in bed, they can go to work or school. > The Copenhagen Consensus Center is a think tank that uses sophisticated algorithms and the best available data to compare alternate poverty-fighting strategies. Their tools have allowed us to test an interesting hypothesis: Suppose that our foundation hadn’t invested in Gavi, the Global Fund and GPEI and had instead put that $10 billion into the S&P 500, promising to give the balance to developing countries 18 years later. As of last week, those countries would have received about $12 billion, adjusted for inflation, or $17 billion if we factor in reinvested dividends. > What if we had invested $10 billion in energy projects in the developing world? In that case, the return would have been $150 billion. What about infrastructure? $170 billion. By investing in global health institutions, however, we exceeded all of those returns: The $10 billion that we gave to help provide vaccines, drugs, bed nets and other supplies in developing countries created an estimated $200 billion in social and economic benefits. > Every three to five years, each of these three organizations needs to raise new money. Most of the time, these “replenishments,” as they’re called, are spaced out, but that isn’t the case now. By a fluke of the calendar, Gavi, the Global Fund and the GPEI will all need more money over the next 18 months. The years 2019 and 2020 are the most important in recent memory for funding the fight against disease, and the urgent question for donors is: Will you continue to invest? Regardless of your feelings on Bill Gates the individual, it would be nice if Gavi, the Global Fund and GPEI could get a fraction of the attention he does.
true_tuna 8y ago
Don’t post advertisements for wsj subscription.

30 points by snake117 8y ago

bart3r 8y ago

no paywall version?

Shoop 8y ago
https://outline.com/B7NrVU https://outline.com/B7NrVU
commoner 8y ago
These open source browser extensions allow you to bypass paywalls on sites like the Wall Street Journal: https://github.com/iamadamdev/bypass-paywalls-firefox https://github.com/iamadamdev/bypass-paywalls-firefox https://github.com/iamadamdev/bypass-paywalls-chrome https://github.com/iamadamdev/bypass-paywalls-chrome The Firefox one also works on Firefox for Android.

deleted 8y ago

[deleted]

deleted 8y ago

[deleted]

misterdoubt 8y ago

Clickbait spoiled: it's his global health work, natch.

slantedview 8y ago
Another spoiler: Gates uses his philanthropy efforts as a backdoor mechanism for pushing special interests, some of which he owns personal stakes in, into new African markets. GMO crops and insecticides are pushed onto poor farmers and communities under the guise of keeping down mosquito populations, and western companies profit.
- mryall 8y ago
  If mosquito populations are kept down, and African people benefit from decreased disease and famine, might it not be worth it? You seem to imply that there's something intrinsically bad in GMO crops, insecticides or making a profit. Technology and trade sounds like overall it is helping, based on the global health statistics I see.
  - cat199 8y ago
    you seem to imply that these are the only means to reduce disease and famine..
- crisdux 8y ago
  Yes because famine and disease is much better. We should stop all progress because some people are making money.
  - cat199 8y ago
    this presumes gmo crops and high medicinal costs are required for these efforts. call me back when pharma companies don't use geographical price discrimination when they can get away with it, and when 'developed' countries aren't throwing away agricultural output on subsidies..
- hannasanarion 8y ago
  How dare he supply farmers with nutritious high-yield seed. Real men farm with wheat cultivars from the stone age that look and taste like grass.

deleted 8y ago

[deleted]

vertline3 8y ago

For me it is him eliminating the worm that is in drinking water. Uhm but I'm not sure of all of his investments and I was stuck behind the paywall. I hope his nuclear plans work.

whack 8y ago

Relevant paragraphs: > our goal was to save lives and stop suffering... But they’ve also been successful in the way that investments traditionally are: They’ve created a lot of wealth, because when people aren’t sick in bed, they can go to work or school. > The Copenhagen Consensus Center is a think tank that uses sophisticated algorithms and the best available data to compare alternate poverty-fighting strategies. Their tools have allowed us to test an interesting hypothesis: Suppose that our foundation hadn’t invested in Gavi, the Global Fund and GPEI and had instead put that $10 billion into the S&P 500, promising to give the balance to developing countries 18 years later. As of last week, those countries would have received about $12 billion, adjusted for inflation, or $17 billion if we factor in reinvested dividends. > What if we had invested $10 billion in energy projects in the developing world? In that case, the return would have been $150 billion. What about infrastructure? $170 billion. By investing in global health institutions, however, we exceeded all of those returns: The $10 billion that we gave to help provide vaccines, drugs, bed nets and other supplies in developing countries created an estimated $200 billion in social and economic benefits. > Every three to five years, each of these three organizations needs to raise new money. Most of the time, these “replenishments,” as they’re called, are spaced out, but that isn’t the case now. By a fluke of the calendar, Gavi, the Global Fund and the GPEI will all need more money over the next 18 months. The years 2019 and 2020 are the most important in recent memory for funding the fight against disease, and the urgent question for donors is: Will you continue to invest? Regardless of your feelings on Bill Gates the individual, it would be nice if Gavi, the Global Fund and GPEI could get a fraction of the attention he does.

true_tuna 8y ago

Don’t post advertisements for wsj subscription.