Earning vs Giving

Is one easier than the other?

Warren Buffett recently gave away most of his life-earnings to Bill and Melinda Gates foundation. And the man from Omaha has an interesting justificaton in this Charlie Rose video.

When it comes to earning money, he says, most people trust him with their money because they think that he can 'earn better' (than them). When it came to giving money, he says, he simply trusts Bill and Melinda with his money because he thinks that they can 'give better' (than him).

A sobering thought, no doubt, for the burgeoning nouveau-riche who are increasingly becoming charity chic.