2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

Classic 22: Life and investing w/ Mohnish Pabrai

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is Buffett a Famous Cloner?

When I was about 40 years old, Buffett had just given a pledge to the Gates Foundation and his foundation of his three kids where he would give away 5% of his booksheck shares every year. He always wanted to compound till the end and then give it away at the end. So that formula is not going to end up Buffett with zero. When he did that 5%, he was 76 years old when he did that. It's one of the most powerful models one can adopt to make your life great.

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