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Bill and Melinda Gates Interview: Warren Buffett's Friendship & Impact

Bill & Melinda Gates2017-01-30interview21:06Open original ↗

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SpeakersOther15Questioner11Charlie3
Otherwell i think we feel super lucky to be close friends with warren we've gotten to do lots of fun things with warren we learned a lot from warren uh we're with warren uh when his after his first wife passed away and uh i'll support him there good friend of his kay graham passed away uh when uh she was in sun valley so there's been some ups and downs but mostly it's been great trips we've gotten more into travel places that he's never been before uh and uh he and i talk all the time about how the world's going you know what businesses are doing well uh what things we're surprised about uh so he's an amazing friend and a little bit of bridge thrown in there too right some bridge and golf is something excuse to hang out uh we play quite a bit of bridge i go to omaha uh once a year and we do bridge he comes here and we do bridge
Otherbridge he comes here and we do bridge and then uhand then uhand then uh a bit of bridge online he plays a lot ofa bit of bridge online he plays a lot ofa bit of bridge online he plays a lot of online bridge even even without mewell my mom was having an eventwell my mom was having an eventwell my mom was having an event and i was very busy on microsoft workand i was very busy on microsoft workand i was very busy on microsoft work but shebut shebut she convinced me to come meet kay grahamconvinced me to come meet kay grahamconvinced me to come meet kay graham and warren buffett so the two of usand warren buffett so the two of usand warren buffett so the two of us flew out there somewhat reluctantlyflew out there somewhat reluctantlyflew out there somewhat reluctantly because you know buying and sellingbecause you know buying and sellingbecause you know buying and selling stocks which is how i thought of warrenstocks which is how i thought of warrenstocks which is how i thought of warren wasn't a particular interest to me andwasn't a particular interest to me andwasn't a particular interest to me and didn't seem like value-addeddidn't seem like value-addeddidn't seem like value-added or you know that it related to the way ior you know that it related to the way ior you know that it related to the way i thought of the worldthought of the worldthought of the world it turned out that was completely wrongit turned out that was completely wrongit turned out that was completely wrong warren's understanding ofwarren's understanding ofwarren's understanding of business values because he has this verybusiness values because he has this verybusiness values because he has this very deep uh thinking about uhdeep uh thinking about uhdeep uh thinking about uh how things change and so he quicklyhow things change and so he quicklyhow things change and so he quickly asked me great questions he wasasked me great questions he wasasked me great questions he was explaining things to me andexplaining things to me andexplaining things to me and we knew that day that we'd be very closewe knew that day that we'd be very closewe knew that day that we'd be very close friendsfriendsfriends uh in fact we just couldn't get enoughuh in fact we just couldn't get enoughuh in fact we just couldn't get enough of each otherof each otherof each other that was july 5th 1991. one other sweet
Otherthat was july 5th 1991. one other sweet thing about this story is thatthing about this story is thatthing about this story is that so i was at a couple of the familyso i was at a couple of the familyso i was at a couple of the family dinners at the gates house where marydinners at the gates house where marydinners at the gates house where mary bill's mom was trying to convince him tobill's mom was trying to convince him tobill's mom was trying to convince him to come out tocome out tocome out to the family place at hood canal uh tothe family place at hood canal uh tothe family place at hood canal uh to meet kay grahammeet kay grahammeet kay graham and warren buffett and he was resistingand warren buffett and he was resistingand warren buffett and he was resisting because as he said he was really busybecause as he said he was really busybecause as he said he was really busy with microsoft andwith microsoft andwith microsoft and uh finally she said you know you knowuh finally she said you know you knowuh finally she said you know you know please come and he said momplease come and he said momplease come and he said mom okay i'll come for lunch and so it was aokay i'll come for lunch and so it was aokay i'll come for lunch and so it was a really busy day for himreally busy day for himreally busy day for him and we got a helicopter which was veryand we got a helicopter which was veryand we got a helicopter which was very unusual back then and flew out to theunusual back then and flew out to theunusual back then and flew out to the family place at hood canalfamily place at hood canalfamily place at hood canal and bill said okay mom i'm going to stayand bill said okay mom i'm going to stayand bill said okay mom i'm going to stay for lunch and then that's it i reallyfor lunch and then that's it i reallyfor lunch and then that's it i really have to go back and workhave to go back and workhave to go back and work and the helicopter sat out there and itand the helicopter sat out there and itand the helicopter sat out there and it stayed and it stayed and it stayed westayed and it stayed and it stayed westayed and it stayed and it stayed we stayed at hood canal for hoursstayed at hood canal for hoursstayed at hood canal for hours because um warren and bill just reallybecause um warren and bill just reallybecause um warren and bill just really hit it off on that first day
Questionerhit it off on that first day and the other thing that was neat was about three or four years later i was somewhere with kay graham alone and she said to me you know melinda warren didn't need any new friends in his life he's you know he's he's got a lot of friends as we had by then learned amazing friends but she said you know there was just something really special between his friendship with bill and he really cherishes it and i knew bill felt the same way
Questionerwell warren from a very early age thought about stocks and why some went up and some went down he just got fascinated with it and for his entire life making predictions seeing where he was right and wrong adjusting his model he's been pretty obsessed with it and it's meant now he understands business like no one else in my case it was software and you know most people don't focus on one
Otheryou know most people don't focus on one thing and sothing and sothing and so if day and night you're kind of lookingif day and night you're kind of lookingif day and night you're kind of looking at it uhat it uhat it uh examining your mistakes you just getexamining your mistakes you just getexamining your mistakes you just get a bit ahead and you know who knows whya bit ahead and you know who knows whya bit ahead and you know who knows why warrenwarrenwarren was so able to focus on what he was butwas so able to focus on what he was butwas so able to focus on what he was but it's a beautiful thingit's a beautiful thingit's a beautiful thing uh you know he can explain things touh you know he can explain things touh you know he can explain things to people he's very humble about itpeople he's very humble about itpeople he's very humble about it uh but he's an expert in the true senseuh but he's an expert in the true senseuh but he's an expert in the true sense of the wordof the wordof the word and i think one of the important thingsand i think one of the important thingsand i think one of the important things that he told us about the foundationthat he told us about the foundationthat he told us about the foundation very early onvery early onvery early on was that to pick what we wanted to focuswas that to pick what we wanted to focuswas that to pick what we wanted to focus on and once we picked the bull's-eye ofon and once we picked the bull's-eye ofon and once we picked the bull's-eye of our targetour targetour target the other places pieces would drop awaythe other places pieces would drop awaythe other places pieces would drop away and it would be okayand it would be okayand it would be okay and because we were initially before weand because we were initially before weand because we were initially before we picked our focus we were getting lotspicked our focus we were getting lotspicked our focus we were getting lots and lots of letters fromand lots of letters fromand lots of letters from lots of worthy causes things that reallylots of worthy causes things that reallylots of worthy causes things that really tugged at your heart and your headtugged at your heart and your headtugged at your heart and your head and i think once he helped us see thatand i think once he helped us see thatand i think once he helped us see that it was really beneficial to us and we
Otherit was really beneficial to us and we really had did pick an initial early focus and have stuck to it and the other thing i'll say that he was just incredibly kind to me about in the early years after we started we got married and started to have children was he could see i was struggling between work which i love the foundation and the kids and he said don't worry melinda you know you're doing the right thing as a parent and you've got enough time to do what you're doing at the foundation too and he was just he's just very kind in that way
Otherwell warren's very uh careful about his time he keeps most of it free and that's amazing that you know lots of people would love to have him come give speeches and visit um but he he only does what what he thinks is necessary and that's that's a great lesson i mean it's so many we've learned so many lessons from him
Questionerwe've learned so many lessons from him because he because he because he he's a he with his success he's a he with his success he's a he with his success he still makes himself available to his he still makes himself available to his he still makes himself available to his friends friends friends and he has time to constantly learn and and he has time to constantly learn and and he has time to constantly learn and not feel like he's behind not feel like he's behind not feel like he's behind or are over scheduled and and that's or are over scheduled and and that's or are over scheduled and and that's pretty unique pretty unique pretty unique sometimes when he'd be at our house and sometimes when he'd be at our house and sometimes when he'd be at our house and we'd be finishing up after a couple of we'd be finishing up after a couple of we'd be finishing up after a couple of days and bill would say something to him days and bill would say something to him days and bill would say something to him kind of on the way out the door and say kind of on the way out the door and say kind of on the way out the door and say goodbye about goodbye about goodbye about well you know maybe we can get together well you know maybe we can get together well you know maybe we can get together you know a couple of months from now you know a couple of months from now you know a couple of months from now and warren would pull out of his breast and warren would pull out of his breast and warren would pull out of his breast pocket his little calendar and he he'd pocket his little calendar and he he'd pocket his little calendar and he he'd look look look go well that day is quite free and bill go well that day is quite free and bill go well that day is quite free and bill would always say after warren left would always say after warren left would always say after warren left because bill was in the throes of because bill was in the throes of because bill was in the throes of running microsoft running microsoft running microsoft oh i want my calendar to be like that oh i want my calendar to be like that oh i want my calendar to be like that someday someday someday but i think it also helped you kind of but i think it also helped you kind of but i think it also helped you kind of see wow you could create this free time see wow you could create this free time see wow you could create this free time and and and and that it would be beneficial i mean
Questionerand that it would be beneficial i mean and that it would be beneficial i mean bill really aspired to that bill really aspired to that bill really aspired to that and then the other thing i will say and then the other thing i will say and then the other thing i will say about friends that warren taught us is about friends that warren taught us is about friends that warren taught us is first of all we got to meet his close first of all we got to meet his close first of all we got to meet his close circle of friends after that circle of friends after that circle of friends after that initial hood canal meeting he invited us initial hood canal meeting he invited us initial hood canal meeting he invited us very quickly to go to this gram group very quickly to go to this gram group very quickly to go to this gram group meeting that he had up in victoria meeting that he had up in victoria meeting that he had up in victoria canada which we went to canada which we went to canada which we went to and we got to see these incredibly um and we got to see these incredibly um and we got to see these incredibly um high quality friends that he surrounded high quality friends that he surrounded high quality friends that he surrounded himself with and i think that was really himself with and i think that was really himself with and i think that was really a lesson for us a lesson for us a lesson for us to pick your friends carefully but to to pick your friends carefully but to to pick your friends carefully but to cherish them cherish them cherish them and then the other thing i saw warren do and then the other thing i saw warren do and then the other thing i saw warren do in the early years with us and then i in the early years with us and then i in the early years with us and then i heard from his friend group he did the heard from his friend group he did the heard from his friend group he did the same with them is same with them is same with them is as he's reading something he will send as he's reading something he will send as he's reading something he will send it out to you and share it with just a it out to you and share it with just a it out to you and share it with just a little note on the top little note on the top little note on the top and it's a really great way that he's and it's a really great way that he's and it's a really great way that he's sharing what he's learning with you he sharing what he's learning with you he
Othersharing what he's learning with you he knows you'll care about itknows you'll care about itknows you'll care about it and it's a way to keep his friends closeand it's a way to keep his friends closeand it's a way to keep his friends close who live all over the country and it's awho live all over the country and it's awho live all over the country and it's a modelmodelmodel we've ended up following too now that wewe've ended up following too now that wewe've ended up following too now that we have a broader you know network ofhave a broader you know network ofhave a broader you know network of friends that aren't just in seattle it'sfriends that aren't just in seattle it'sfriends that aren't just in seattle it's it's he's taught us so many thingswell we're lucky that susie came along awell we're lucky that susie came along awell we're lucky that susie came along a lot of these trips we did with warrenlot of these trips we did with warrenlot of these trips we did with warren uh you know we got warren over inuh you know we got warren over inuh you know we got warren over in china and susie was there andchina and susie was there andchina and susie was there and we got warren on this train trip allwe got warren on this train trip allwe got warren on this train trip all over the u.s andover the u.s andover the u.s and susie came along on that you know hesusie came along on that you know hesusie came along on that you know he lovedlovedloved having her come and be part of the thinghaving her come and be part of the thinghaving her come and be part of the thing some nights they would sing for us uhsome nights they would sing for us uhsome nights they would sing for us uh warren likes to sing susie was awarren likes to sing susie was awarren likes to sing susie was a phenomenal uh singerphenomenal uh singerphenomenal uh singer and you know he alwaysand you know he alwaysand you know he always loved loved the time he got with herloved loved the time he got with herloved loved the time he got with her yeah there was just an incredible warmthyeah there was just an incredible warmthyeah there was just an incredible warmth between them that was palpable when youbetween them that was palpable when youbetween them that was palpable when you were with both of them in an easy waywere with both of them in an easy waywere with both of them in an easy way between thembetween them
Otherbetween them and susie loves people loved people andand susie loves people loved people andand susie loves people loved people and loved their stories and she wouldloved their stories and she wouldloved their stories and she would somebody you'd never met before shesomebody you'd never met before shesomebody you'd never met before she would go out she was so gregarious andwould go out she was so gregarious andwould go out she was so gregarious and reallyreallyreally get to know them not at a superficialget to know them not at a superficialget to know them not at a superficial level but deeplylevel but deeplylevel but deeply and then it was great because warrenand then it was great because warrenand then it was great because warren sort of relished that about susiesort of relished that about susiesort of relished that about susie and then he would often carry thoseand then he would often carry thoseand then he would often carry those stories with him in a shorter versionstories with him in a shorter versionstories with him in a shorter version um but there was a warmth between themum but there was a warmth between themum but there was a warmth between them that was reallythat was reallythat was really beautiful to see and a very susie had abeautiful to see and a very susie had abeautiful to see and a very susie had a very wide smile and it came out in hervery wide smile and it came out in hervery wide smile and it came out in her singingsingingsinging and it came out in how she treated otherand it came out in how she treated otherand it came out in how she treated other people we didn't know warnpeople we didn't know warnpeople we didn't know warn in the early days um he claims that hein the early days um he claims that hein the early days um he claims that he was completelywas completelywas completely uh not good at socializing and dealinguh not good at socializing and dealinguh not good at socializing and dealing with peoplewith peoplewith people and and yet when you hear some of hisand and yet when you hear some of hisand and yet when you hear some of his humor and his naturalnesshumor and his naturalnesshumor and his naturalness at handling things you know i think he'sat handling things you know i think he'sat handling things you know i think he's a little bit exaggeratinga little bit exaggeratinga little bit exaggerating but he definitely feels they grew up
Questionerbut he definitely feels they grew up together uhtogether uhtogether uh and that being aware of social causesand that being aware of social causesand that being aware of social causes uh including some around race a lotuh including some around race a lotuh including some around race a lot around womenaround womenaround woman that susie was at the van garden hethat susie was at the van garden hethat susie was at the van garden he completely loved that agreed with hercompletely loved that agreed with hercompletely loved that agreed with her supported hersupported hersupported her a lot of the foundations he supporteda lot of the foundations he supporteda lot of the foundations he supported carried oncarried oncarried on uh that work one had named afteruh that work one had named afteruh that work one had named after her uh so they they reallyher uh so they they reallyher uh so they they really developed the friends uh you knowdeveloped the friends uh you knowdeveloped the friends uh you know figured out how to do things together sofigured out how to do things together sofigured out how to do things together so hehehe he feels like he became umhe feels like he became umhe feels like he became um good at at talking to people being outgood at at talking to people being outgood at at talking to people being out in public with people because she wasin public with people because she wasin public with people because she was more natural at that
Charliewell i'm different from warren that whatwell i'm different from warren that whatwell i'm different from warren that what i like isi like isi like is equations and science andequations and science andequations and science and chemistry physics crazy software thingschemistry physics crazy software thingschemistry physics crazy software things so it's a little different domain uh butso it's a little different domain uh butso it's a little different domain uh but the rigor aboutthe rigor aboutthe rigor about hey do i really know what i'm talkinghey do i really know what i'm talkinghey do i really know what i'm talking about hey there's this great book let'sabout hey there's this great book let'sabout hey there's this great book let's just keep reading morejust keep reading morejust keep reading more about this thing uh and a fascinationabout this thing uh and a fascinationabout this thing uh and a fascination with the world i mean both of us
Questionerwith the world i mean both of uswith the world i mean both of us in the end based on what we know want toin the end based on what we know want toin the end based on what we know want to think why did that happen what's goingthink why did that happen what's goingthink why did that happen what's going to happen in the future how could weto happen in the future how could weto happen in the future how could we shape that in ashape that in ashape that in a slightly better way uh where theslightly better way uh where theslightly better way uh where the the best practices and so we lovethe best practices and so we lovethe best practices and so we love talking about the worldtalking about the worldtalking about the world and and what we expect and he'll oftenand and what we expect and he'll oftenand and what we expect and he'll often have a different way of looking athave a different way of looking athave a different way of looking at things he can explainthings he can explainthings he can explain uh those things to me like the you knowuh those things to me like the you knowuh those things to me like the you know europe's financial situation it's beeneurope's financial situation it's beeneurope's financial situation it's been fascinating to hear how he thinks aboutfascinating to hear how he thinks aboutfascinating to hear how he thinks about thatthatthat we both love to work hard umwe both love to work hard umwe both love to work hard um we both uh you know get around the worldwe both uh you know get around the worldwe both uh you know get around the world talk totalk totalk to interesting people uh you know neitherinteresting people uh you know neitherinteresting people uh you know neither of usof usof us uh like frivolous things umuh like frivolous things umuh like frivolous things um you know he's not you know he doesn'tyou know he's not you know he doesn'tyou know he's not you know he doesn't know much about cooking orknow much about cooking orknow much about cooking or art or a huge range ofart or a huge range ofart or a huge range of of uh of things tell the early diceof uh of things tell the early diceof uh of things tell the early dice story how you all connected over thatstory how you all connected over thatstory how you all connected over that well that's just a mathematical problemwell that's just a mathematical problemwell that's just a mathematical problem where um
Otherwhere umwhere um there's three dice andthere's three dice andthere's three dice and the idea is that you pick one and thenthe idea is that you pick one and thenthe idea is that you pick one and then he picks anhe picks anhe picks an another one and then you roll againstanother one and then you roll againstanother one and then you roll against each other to seeeach other to seeeach other to see who's getting the highest rolls andwho's getting the highest rolls andwho's getting the highest rolls and because you get to pick the first onebecause you get to pick the first onebecause you get to pick the first one isn't that you know must not there beisn't that you know must not there beisn't that you know must not there be one of the threeone of the threeone of the three that is the best one to pick uhthat is the best one to pick uhthat is the best one to pick uh well i'd done a lot of math so fairlywell i'd done a lot of math so fairlywell i'd done a lot of math so fairly quickly after i looked at them iquickly after i looked at them iquickly after i looked at them i realizedrealizedrealized this is an unusual set of dice wherethis is an unusual set of dice wherethis is an unusual set of dice where uh it's non-associative that isuh it's non-associative that isuh it's non-associative that is there's dice two's better than dice onethere's dice two's better than dice onethere's dice two's better than dice one and dice three is better than dice twoand dice three is better than dice twoand dice three is better than dice two anyway so the second guy can alwaysanyway so the second guy can alwaysanyway so the second guy can always always winalways winalways win uh anyway it was just a kind ofuh anyway it was just a kind ofuh anyway it was just a kind of interesting problem but warren was sointeresting problem but warren was sointeresting problem but warren was so proud of himself he had theseproud of himself he had theseproud of himself he had these dice tucked in his pocket i remember hisdice tucked in his pocket i remember hisdice tucked in his pocket i remember his breastplate where's his pants bite butbreastplate where's his pants bite butbreastplate where's his pants bite but he pulls his dice outhe pulls his dice outhe pulls his dice out and we are walking outside of the mainand we are walking outside of the mainand we are walking outside of the main house at our hood canal property out at
Questionerhouse at our hood canal property out at uh out at this vacation house at hood canal and he's got him he starts describing him so he and bill are walking and i'm kind of watching this and so he starts saying and then somehow you guys end up there's a car parked in front of the house and they've got the dice on the hood of the car i think and they're going through it and warren is just beaming because bill figured it out and so you say it was just a math problem not everybody connects over just a math problem and i want to add one thing about susie about the way i think that susie helped warren which is i think we weren't there but we heard the old stories of how she worked to really help him connect to the kids which i think is a role that a lot of women play but she i think was particularly thoughtful about it but warren's also very clear that susie
Questionerbut warren's also very clear that susie behind the scenes helped him think through who should be on the berkshire board right around the time that they put charlotte geyman on he eventually put bill on the board and others and that her counsel about what he needed on that board over the long haul given what he was thinking the board's main role was was really helpful and the other thing i will say that he said to me along the way that was really sweet is i was being a bit tough on bill at one point about some way i wanted him to change and he said to me he reached over he said melinda be patient it took a long time for susie to shape me and i was just really nice warren's clearly older and um and so and i think with time comes wisdom and so i think bill has held warren out now for many years as his role model of who he would like to be
Otherlike to be and so that's a really beautiful thing to watch and um i think they have very similar minds about focus about thinking about big problems of the world thinking about how you might solve them who do you learn so i think those pieces of their minds are incredibly similar and i think what bill is purposely learning from warren and watching warren is also how to bring the best out in people warren again i didn't know him when he was younger but he is really good now about complimenting people in a sincere way saying what their best is and i think that partly comes with wisdom and age and bill is learning learning how to do that and warren's learning how to do that and warren's role modeling it well mostly as a peer but there are times where he's a bit more like a father figure uh when i was going through the antitrust trials and you know sort of that was
Charliethat was uh challenging for me you know his counsel his thoughtfulness uh was was more like a father figure and i've learned way way more from him than he's learned from me but most things we're doing we're when we're chatting about the world or playing bridge you know we're two very equal friends uh who share their their opinions
Charliewarren's good at concentrating and that's largely virtue uh you know sometimes it can be a problem but you know deep deep expertise uh you know doesn't just grow on trees and warren's got it
Otheri think the other thing that you've learned from warren you had it but you have really are refining it is that um warren loves to teach i mean the reason he has all these business school kids come is he loves to teach and bill has always said if you know something you only know if you know something deeply if you can teach it to somebody
Otherdeeply if you can teach it to somebody else and so i see bill doing that a lot these days around the house inside the foundation not just saying this is how we should do something to a foundation team but but teaching them how he's thinking through it and i think some of that actually role modeling of comes from warren
Otherwell warren is in a certain sense the smartest person i know because i can't imagine how he does what he does you know i work with a lot of people in math and science who are mind-blowingly smart uh smarter than me in a lot of things but at least you know it's in a dimension where i can understand ah if i studied that a little more you know i i sort of get how they do it warren's ability to size up people and businesses you know say in the financial crisis where he knew to invest in goldman and not in aig it's it's a pretty magical thing and
Questionerit's it's a pretty magical thing and i don't know anyone else who's like that at all he is he's pretty singular he's one of the smartest people we know and i think but with his smarts also comes wisdom and you don't always see those paired in people and um with his smarts also comes humility and so he'll make often make a self-deprecating joke because he's putting the other person at ease right and uh boy that humility and that humor that comes with it that's quite unique no he's the best at that he is the best of anybody we know we should all try to be 20 percent as as good at that
Questionerwell warren had decided that uh susie would manage the the giving away process and uh she had a board and was uh doing some of that and so it's a complete shock when susie uh got sick and and and died uh before warren and so he had to come up with a new plan and we were pretty stunned when
Questionerand we were pretty stunned when he said at one point he'd be logical if some of this uh would go to your foundation and then a few weeks later he was saying yeah no i i think i might really do it so it was completely out of the blue um i mean amazing but not not something that was part of the plan until that uh tragedy not at all and i think and when we heard about it and then got some time to reflect on our own actually twice once on a walk we were in the foothills in colorado and another time in our neighborhood which is we often walk to reflect or to talk about big issues um we both had tears because what it would mean for the world to have warren's wealth given back to inequities wow and and for us this this we were so pleased for the world but huge responsibility right i mean we wanted to do it well but it's really unbelievable well warren's going to have a legacy in
Otherwell warren's going to have a legacy in so manyso manyso many different areas i mean for philanthropydifferent areas i mean for philanthropydifferent areas i mean for philanthropy in general uhin general uhin general uh you know he really initiated the givingyou know he really initiated the givingyou know he really initiated the giving pledge got uspledge got uspledge got us involved in that idea that's going toinvolved in that idea that's going toinvolved in that idea that's going to drive a lot more philanthropydrive a lot more philanthropydrive a lot more philanthropy the largest single gift gift ever giventhe largest single gift gift ever giventhe largest single gift gift ever given waswaswas what he gave away that day to ourwhat he gave away that day to ourwhat he gave away that day to our foundation andfoundation andfoundation and and his children's foundations andand his children's foundations andand his children's foundations and you know it's our job to make sure thatyou know it's our job to make sure thatyou know it's our job to make sure that uhuhuh polio eradication malaria eradicationpolio eradication malaria eradicationpolio eradication malaria eradication uh getting rid of health and equity uhuh getting rid of health and equity uhuh getting rid of health and equity uh caused by all these infectious diseasescaused by all these infectious diseasescaused by all these infectious diseases that over the decades ahead thatthat over the decades ahead thatthat over the decades ahead that warren's money allows that to happenwarren's money allows that to happenwarren's money allows that to happen and you know we're on our way things areand you know we're on our way things areand you know we're on our way things are are going wellare going wellare going well uh you know he checks in but he reallyuh you know he checks in but he reallyuh you know he checks in but he really counts on us to be the hands-oncounts on us to be the hands-oncounts on us to be the hands-on uh managers i think we have a shareduh managers i think we have a shareduh managers i think we have a sharedbelief belief belief uh between ourselves and him thatuh between ourselves and him thatuh between ourselves and him that that all lives do have equal value andthat all lives do have equal value andthat all lives do have equal value and that if you given the rightthat if you given the rightthat if you given the right tools and and the right opportunity
Othertools and and the right opportunity people will lift themselves out of poverty so whether that's a drought resistant seed or whether that's a woman having access to a family planning tool or not having malaria that they can go out and live the life that they want to live and so that shared mission is a is a really amazing thing that we have and then i think you know he surprised us you know over six years ago when he had this big idea of because we've been talking for a while about the right thing to do in the united states is not to have wealth handed down we absolutely had that shared belief but he came to us you know about six and a half years ago and said hey what if what would it be like could we get other billionaires to give away their wealth not even knowing how much so that big idea eventually got announced you know five five years ago from now as the giving pledge but that was his initial idea and it got refined over time but wow you want to talk about an additional legacy incredible