He can only make billions in profits when he has billions to invest. If he kept giving everything away it would take him much longer to make the same amount of money.
I’m sorry what? He hasn’t made anything. The value created by the companies he owns is generated by the workers. He simply takes all that value that they’ve generated, and gives a poultry amount of it towards charities and NGOs to whitewash his reputation.
You don’t understand that he and his ilk perpetuate the systems that result in healthcare and education being out of reach for so many people. All billionaires do a bit of philanthropy because look at how easy it is to fool people into thinking they deserve their obscene wealth.
You’re making a lot of wild accusations about a financial investor who doesn’t even regularly attend shareholder meetings. As someone who has gone to business school and worked in corporate, I can tell you that you’re subscribing way too hard to the hollywood painting of investors. It’s fine if you disagree but you are just making assumptions at the end of the day and I’m providing documented metrics.
I’m subscribing to the Marxist view of the capitalist class. I don’t form my opinions based on movies and I’m not sure what movies you’ve seen that paint investors in the way I’m describing them, but do you have any recommendations, because they sound awesome.
Please stop before you embarrass yourself further. This is r/neoliberal[1][2] levels of bourgeois boosterism. Next you’re going to clutch pearls over poor Brian Thompson’s tragic death.
He can only make billions in profits when he has billions to invest. If he kept giving everything away it would take him much longer to make the same amount of money.
I’m sorry what? He hasn’t made anything. The value created by the companies he owns is generated by the workers. He simply takes all that value that they’ve generated, and gives a poultry amount of it towards charities and NGOs to whitewash his reputation.
He’s not a nice guy, he’s a greedy ghoul.
You still don’t seem to understand he’s using his talent to help the less fortunate
https://www.forbes.com/sites/chasewithorn/2024/06/28/warren-buffett-just-gave-another-53-billion-to-charity/
Here’s an article about how he recently donated 5.3 billion in June to efforts towards healthcare, education, and grants
Do you think you would be capable of that kind of philanthropy in your lifetime?
You don’t understand that he and his ilk perpetuate the systems that result in healthcare and education being out of reach for so many people. All billionaires do a bit of philanthropy because look at how easy it is to fool people into thinking they deserve their obscene wealth.
And what have you done to help the cause?
I don’t steal tens of thousands of other people’s labour value, so I’m already orders of magnitude better for people than Warren Buffet.
You’re making a lot of wild accusations about a financial investor who doesn’t even regularly attend shareholder meetings. As someone who has gone to business school and worked in corporate, I can tell you that you’re subscribing way too hard to the hollywood painting of investors. It’s fine if you disagree but you are just making assumptions at the end of the day and I’m providing documented metrics.
I’m subscribing to the Marxist view of the capitalist class. I don’t form my opinions based on movies and I’m not sure what movies you’ve seen that paint investors in the way I’m describing them, but do you have any recommendations, because they sound awesome.
Please stop before you embarrass yourself further. This is r/neoliberal[1][2] levels of bourgeois boosterism. Next you’re going to clutch pearls over poor Brian Thompson’s tragic death.
“The cause” 😂 This is the most unserious response I can imagine. I’m going to remember this one; it’s really impressive.