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Charles Munger, the longtime business partner of Warren Buffett recently told students, "I believe Costco does more for civilization than the Rockefeller Foundation.” Munger went on to talk about his suspicion of people who try to do good.
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The iconic Doonesbury comic strip continues a segment about the Giving Pledge.
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ABOUT SEAN STANNARD-STOCKTON
Sean Stannard-Stockton is the president and chief investment officer of Ensemble Capital Management, located in Burlingame, CA, midway between San Francisco and Silicon Valley. From 2006 through 2012, Sean authored the Tactical Philanthropy blog and wrote regular philanthropy columns for both the Financial Times and the Chronicle of Philanthropy. In 2012, Sean officially ended the blog to focus on growing Ensemble Capital.
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