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>why doesn't he just give away his money to individual people in less comfortable circumstances? How many people are there in less comfortable circumstances? 1
by tim333 2y ago
>why doesn't he just give away his money to individual people in less comfortable circumstances?
How many people are there in less comfortable circumstances? 100m? 1bn? Buffett personally doesn't have the time to go handing money to everyone.
He is, probably sensibly, a believer in the conventional system in functional countries - taxes get paid to the government which then has policies to help the less well off.