A very nice quote from here:
Buffett, in India, said people should give. Do you (Ajit Jain) personally follow that, in terms of charity, give away personal wealth?
A difficult and personal question and my views have changed somewhat over time. We have a son who’s been diagnosed with a serious illness and before he was diagnosed, I was in favour of the Buffett philosophy. I always felt I have got this fame, this wealth, I didn’t deserve, it doesn’t belong to me. But after my son’s illness, things did change. I didn’t deserve this and he didn’t deserve what he is getting.
So, in terms of my giving, without getting into too much of details of how things have changed, one, we focus on the Foundation that’s trying to find a cure for his illness. Second, I feel guilty, inasmuch as in his earlier life when he was healthy, I wouldn’t let him spend money and have a nice time. So, I have taken a U-turn and now I spend a lot of money and freely.
I absolutely love the twist:) Unsuprisingly, the doode has lived his dream and his only goal is to avoid doing something stupid.
Buffett, in India, said people should give. Do you (Ajit Jain) personally follow that, in terms of charity, give away personal wealth?
A difficult and personal question and my views have changed somewhat over time. We have a son who’s been diagnosed with a serious illness and before he was diagnosed, I was in favour of the Buffett philosophy. I always felt I have got this fame, this wealth, I didn’t deserve, it doesn’t belong to me. But after my son’s illness, things did change. I didn’t deserve this and he didn’t deserve what he is getting.
So, in terms of my giving, without getting into too much of details of how things have changed, one, we focus on the Foundation that’s trying to find a cure for his illness. Second, I feel guilty, inasmuch as in his earlier life when he was healthy, I wouldn’t let him spend money and have a nice time. So, I have taken a U-turn and now I spend a lot of money and freely.
I absolutely love the twist:) Unsuprisingly, the doode has lived his dream and his only goal is to avoid doing something stupid.
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