If Warren Buffet believes people with the "short straw" need help, why doesn't he just give away his money to individual people in less comfortable circumstances?
Edit: I'm not talking about "forming a charity". I'm talking about just giving actual money to actual individuals.
"Berkshire would not have achieved its results in any locale except America whereas America would have been every bit the success it has been if Berkshire had never existed." -- https://www.berkshirehathaway.com/letters/2024ltr.pdf
Not just a great investor, Buffet is a great man. Not many "self-made" billionaires think like that.
Discussion: https://news.ycombinator.com/item?id=43141481
With $334B in cash sitting around doing nothing, Buffett doesn't need anyone else to take care of the "short straws".
I wonder if the new political uncertainty in the USA is already priced in.
Both the S&P 500 and the Nasdaq 100 are at an all-time high.
Surprising, considering the new administration seems to shake up the US in a big way. Could go right, could go wrong - but shouldn't the uncertainty alone already devalue the US stock market?