Buffett/Berkshire - general news

[LC]

2 minutes ago, Pellom said:

An underrated part is I think he had a lot of respect for Melinda. 

 

He should gift her the shares for her charitable work, if you ask me.

[John Hjorth]

1 minute ago, Pellom said:

Hard to know if he thinks Gates did anything wrong (i.e., terminated the personal friendship/relationship) or whether he knows it wouldn't look good politically to give money to the foundation any longer. 

 

An underrated part is I think he had a lot of respect for Melinda. 

 

Yeah, @Pellom,

 

I think and speculate the same. The Squawk Box interview with Becky Quick tomorrow will be interesting to experience. I also share your thoughts about Warren Buffetts relationship with Melinda Gates.

 

- - - o 0 o - - -

 

Furthermore, I looked up the 2025 Donation Press Release on the Berkshire website, to compare :

 

2025 :

 

Quote

Today, Warren E. Buffett has converted 8,239 A shares into 12,358,500 B shares in order to donate 12,358,321 shares of Berkshire Hathaway “B” stock to five foundations: 9,433,839 to the Bill & Melinda Gates Foundation Trust, 943,384 shares to the Susan Thompson Buffett Foundation and 660,366 shares to each of the Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation. The donations will be delivered on June 30. Mr. Buffett’s ownership of Berkshire now consists of 198,117 A shares and 1,144 B shares.  ...

 

So the '5 percent of the remaining shares each year gifted' system and pattern appears this to be broken, after now 19 years, apart from the gift allocation changed. 'Wool in mounth' message about the next eight years donations.

[Pellom]

Pretty cool website here to track the various foundations of Warren's kids:
https://www.grantmakers.io/profiles/v1/470824755-sherwood-foundation/?page=2

https://www.grantmakers.io/profiles/v1/470824756-howard-g-buffett-foundation/

https://www.grantmakers.io/profiles/v1/470824753-novo-foundation/

 

It'll be interesting to see if these foundations follow Warren's mandate to give it all away within a certain period of time.