TIP295: Mohnish Pabrai on Value Investing & Philanthropy (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
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Philanthropy: Strategies and Principles
This chapter explores the intricate relationship between philanthropy and effective impact measurement, emphasizing alignment with charitable missions and the adoption of successful strategies. It shares insights on the '2% formula' for giving, inspired by Warren Buffett, while discussing the philosophical considerations of when to engage in charitable contributions. The narrative highlights the challenges and integrity faced by a nonprofit organization during crises, reaffirming the importance of values in philanthropy and business.
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