The key facts seem to be that extraordinarily large amount of money that was previously going to the Bill and Melinda Gates Foundation (from Buffet’s 2006 letter), which has a good track record, is now going to 3 of Buffet’s relatively unknown children (compared to the Foundation) for the vague purpose of “help people”. There’s a lot of uncertainty and potential for less effective causes; we don’t really know what these 3 people are going to agree on to donate. How can you persuade 3 strangers with ~$130b to donate to different causes, especially when they already have their own causes and when other charities (at least in the US) are going to be looking at them? Someone else will have to think about that one.
The key facts seem to be that extraordinarily large amount of money that was previously going to the Bill and Melinda Gates Foundation (from Buffet’s 2006 letter), which has a good track record, is now going to 3 of Buffet’s relatively unknown children (compared to the Foundation) for the vague purpose of “help people”. There’s a lot of uncertainty and potential for less effective causes; we don’t really know what these 3 people are going to agree on to donate. How can you persuade 3 strangers with ~$130b to donate to different causes, especially when they already have their own causes and when other charities (at least in the US) are going to be looking at them? Someone else will have to think about that one.