Warren Buffett’s Best Investment by Bill and Melinda Gates

Read Bill and Melinda Gates in their 2017 annual letter addressed to their friend Warren Buffett, who in 2006 donated the bulk of his fortune to our foundation to fight disease and reduce inequity.

"A few months ago, Warren asked us to reflect on what impact his gift has had on the world.

What follows is our answer to him.

It’s a story about the stunning gains the poorest people in the world have made over the last 25 years. This incredible progress has been made possible not only by the generosity of Warren and other philanthropists, the charitable giving of individuals across the world, and the efforts of the poor on their own behalf—but also by the huge contributions made by donor nations, which account for the vast majority of global health and development funding.

Our letter is being released amid dramatic political transitions in these countries, including new leadership in the United States and the United Kingdom. We hope this story will remind everyone why foreign aid should remain a priority—because by lifting up the poorest, we express the highest values of our nations.

One of the greatest of those values is the belief that the best investment any of us can ever make is in the lives of others. As we explain to Warren in our letter, the returns are tremendous.

READ THE LETTER HERE: https://www.gatesnotes.com/2017-Annual-Letter