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Richmond Times-Dispatch, Va., Bob Rayner column.

Richmond Times-Dispatch (Richmond, VA)

| July 02, 2006 | COPYRIGHT 2007 Richmond Times-Dispatch. (Hide copyright information)Copyright

Byline: Bob Rayner

Jul. 2--Warren Buffett sure bought some fine headlines when he decided to donate two-thirds of his estate to a foundation run by fellow mega-billionaire Bill Gates and his wife.

There's little doubt that much good will be accomplished with the $30 billion Buffett intends to gradually funnel to the Gates Foundation, doubling its endowment.

Buffett clearly believes he's the best judge of how to dispose of the $44 billion or so he's earned during a career as one of history's great investors. He's surely right about that.

So it's a little odd -- a bit ironic, even -- when we recall that Buffett has been a vocal opponent of …

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