Morning Traders,
Markets have a habit of taking with one hand and giving with the other.
After yesterdays questions about Diamond Joe and his $275 million black hole that he will let others soak up
(woops), and just how regulators continue to allow sharks to swim freely around the financial and business community with no disguise other than an expensive pin striped suit, today we have reason to sing as the modern
day 'Robin Hood' is exposed in all his contemporary glory for all to see and admire. The news hit early this morning,
that Warren Buffet had made the biggest ever annual donation of $2 840 000 000 to charities that will go
some way to alleviating suffering for some of the most disadvantaged communities in the world.
'Warren Buffett has donated about $2.84bn of Berkshire Hathaway Inc stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire’s plan to give away nearly all of his wealth.
The 10th annual donation, Buffett’s largest, comprised 20.64m Class “B” shares of Berkshire and increased Buffett’s total contributions to the charities to more than $21.5bn.
The Gates Foundation, which focuses on improving education and health and reducing poverty, received about 15.76m shares, or 76% of the total donated.'
Good news stories do came from financial markets, and this is one that i love hearing about. The guru for
money makers worldwide, can also be seen to be the guru for compassionate money donators across the globe.
A great way to start our Friday
Have a great day traders
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- Morning Traders Friday 15 th July
Morning Traders Friday 15 th July
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