The article? Instead of talking about a heroic act by one of the most successful women on the planet, it focuses the attention on bashing her former husband. Those two things are quite literally not related, and puts a negative light on philanthropic efforts.
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It's an opportunistic, click-optimized hit piece with zero insight or thoughtfulness targeted at stoking the flames of our worst impulses.
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Replying to @zackkanter @paigeleskin
Oh I agree. I just thought you meant the headline, which is all I ever read there these days because the content doesn't justify the paywall most of the time. So I am habituated.
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Though I also agree that Jeff should give and it is not OK that he hasn't.
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Replying to @roybahat @paigeleskin
It seems to me that one of the worst things that the best capital allocator in the world could do is give too early.
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Replying to @zackkanter @paigeleskin
Is Bezos a capital allocator? Buffet is, was. Bezos seems to be an operator (arguably, the single best in the world) who allocates just as well within Amazon and occasionally invests personally. What evidence is there that he's a capital allocator for his personal wealth?
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Amazon figured out that e-commerce businesses generate float bc they get paid immediately and they don’t pay their vendors for 30-90 days. Investing that float let him build AWS and 400 other businesses. Best capital allocator of our lifetime.
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Agreed -- still *within Amazon* capital allocation. There's no evidence I see that his personal money has been allocated in any meaningfully performant way. His stock in Amazon would compound just the same -- that's a derivative of how he manages the Amazon balance sheet.
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Buffett’s capital is all “within” Berkshire Hathaway. How would a ceo allocate capital outside their company other than returning cash to investors?
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By borrowing against their personal stock holdings, which is how many of them buy planes, estates, etc. despite it being locked up. P.S. Buffett's pledge to hand his money to Gates to give away is one of the most courageous capital allocation choices of all time IMHO.
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I’m not sure I agree that levering up makes someone a good capital allocator.
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Fair
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