Bill Perkins argues Warren Buffett's biggest return could have come from earlier giving

00:00 Speaker A

although Buffett is known for fantastic returns, I think the returns on the impact of his charitable giving at a earlier age would have outperformed his returns in the market.

00:09 Speaker A

I think that impact would be larger and so I think that the way he’s doing it, while it being generous, is suboptimal.

00:15 Speaker A

I don’t think it’s the most fulfilling path that you one could have.

00:19 Speaker A

What is the return on an investment of an education of a person? or what is the return on saving a life from starving today versus waiting in the future to save, you know, 10 more lives, right?

00:27 Speaker A

How empowering is that? My decumulation for Buffett would have started much, much earlier than where he is right now.

00:35 Speaker A

His best friend Charlie, I saw one interview where he says, I love going fishing and now I can’t because I can’t lift the tuna out of the ocean.

00:42 Speaker A

And I thought that was a sad thing but, you know, a stark reminder that certain activities belong at certain periods of your life.