Warren Buffett Warned Gates Foundation CEO About Danger of ‘ABCs’

  • Warren Buffett warned the Bill & Melinda Gates Foundation’s CEO about the “ABCs” last year.
  • The investor sees arrogance, bureaucracy, and complacency as major threats to large organizations.
  • Buffett, who has gifted $33 billion to the foundation, once called the ABCs “corporate cancers.”

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Warren Buffett told the CEO of the Bill & Melinda Gates Foundation that the greatest threats to the philanthropic…

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