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Warren Buffet's Missed Opportunity

The mogul could have created a nonprofit to challenge the Gates Foundation’s dominance.

That organization might have competed with Gates for experts, discovered novel problem-solving strategies, and helped guard various research fields against groupthink. “Most people with this sum of money would try to create their own foundation in their own image,” said Gene Tempel, then-executive director of the Center on Philanthropy at Indiana University. Donate City Journal is a publication of the Manhattan Institute for Policy Research (MI), a leading free-market think tank.

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