The Daily Buffett

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Investing for a Better World

October 5th

If you're in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.

Warren Buffett

In the realm of investing, it's easy to become engrossed in personal profits, the rise and fall of the market, and the endless pursuit of wealth. However, as fortunate individuals, we hold a responsibility to the broader society.

But what does it entail to consider the broader society? This extends far beyond charitable donations or occasional acts of kindness. It means acknowledging the systems of inequality that enabled our wealth - systems that often keep most people in a perpetual state of striving.

Considering others also involves aligning our investment strategies with the goal of social good. It doesn't mean sacrificing profits, but rather making decisions that both grow our wealth and contribute to the common good. It's about redefining what success means in investing.

The true measure of our success isn’t solely in how much we accumulate for ourselves. It's also about the impact we have on others and on society as a whole. This is more than an investment philosophy - it's a guideline for life.

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