I Love Warren Buffett!

Quote from the Wall Street Journal article on his recent shareholder conference:

Buffett Fields Questions on Planned Parenthood

Mr. Buffett also defended his charitable contribution to organizations that support women’s reproductive rights, such as Planned Parenthood.

A shareholder from St. James, N.Y., who said he brought one of his five daughters to the meeting, asked Mr. Buffett to explain why he supports organizations such as Planned Parenthood. “It just doesn’t seem to jibe with the hero that I studied,” the shareholder told Mr. Buffett amid boos from the audience.

“Men set the rules for a lot of years, and I think it’s wonderful that women can make reproductive choices,” Mr. Buffett replied, as shareholders applauded and cheered.

Mr. Buffett announced in June 2006 that he would pledge some 85% of his Berkshire stake, amounting to about $44 billion at the current stock price, to five charities, the largest of which is the Bill & Melinda Gates Foundation. His Buffett Foundation, which for decades was run by Mr. Buffett’s late first wife, Susan, long supported projects that promoted women’s right to birth control and abortion, as well as population control in developing countries.

“I think it’s a terrific organization,” Mr. Buffett added, referring to Planned Parenthood. “I really think it’s too bad that for millenia, women not only in the U.S. but all over the world, have had involuntary bearing of babies.

Thank you Mr. Buffett!!! You rule!


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