Saturday, July 01, 2006

Guardian Unlimited | Special reports | 'His approach to philanthropy is similar to his approach to stocks - he wants it to make a huge difference'

Guardian Unlimited | Special reports | 'His approach to philanthropy is similar to his approach to stocks - he wants it to make a huge difference': "His approach to philanthropy is similar to his approach to stocks - he wants it to make a huge difference'

The Sage of Omaha expects a nuclear catastrophe, but is still looking to the future

Andrew Clark in New York
Friday June 30, 2006
The Guardian

If anything gives the world's second richest man sleepless nights at his home in Omaha, Nebraska, it is the certainty that a nuclear holocaust will wipe out the planet. Warren Buffett is convinced the world will end in catastrophe - the only variable in the equation is when the big bang will happen.

The 75-year-old billionaire is fond of explaining that as the population rises, the number of 'bad guys' goes up. By all the laws of probability, one of them will eventually get hold of an atom bomb."

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