Foundations, For Better or For Worse

Most of us don’t question the basic operating procedures of private foundations. They are what they are. But if not for a turn of events a century ago, the common business model for foundations could have evolved in a much different – and, to my mind, much better –...

The Few

You may have seen this recent video on wealth inequality. It graphically shows how 40% of the nation’s financial assets are now owned by only 1% of the population. By contrast, the 80% of Americans with the least wealth control only 7% of the assets. Or, to put it...

Learning From Warren

I am pleased to discover that I have a few things in common with Warren Buffett. (Unfortunately,  being fabulously wealthy is not one of them.) Like Warren, I’m not one for formalities, and I’m known to appreciate a bargain. So I got a kick out of hearing the...