Value Investing World

Tuesday, March 5, 2013

Bill Gates: We cannot stand still on polio, but we can push ahead and end it

At Microsoft I learned that innovation is the most powerful force for change in the world. Today, I see that same excitement and promise in my work in philanthropy.

Thanks to the accelerating pace of innovation, we are making new discoveries to drive progress against poverty, hunger, and disease.

Consider the decline in childhood deaths. In 1955, the year I was born, more than 20 million children under the age of five died. In 2011, that number was 6.9 million.

One of the key reasons behind that amazing progress is the power of immunisation. Vaccines work to save lives and protect children for a lifetime.

Vaccines have also brought us to the threshold of eradicating polio. In 1988 when the world set the goal of eradication, 350,000 children in 125 countries were paralysed by this horrible disease every year. Last year, there were fewer than 250 cases of polio worldwide.

Posted by Joe Koster at 3/05/2013
Labels: Bill Gates
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Value Investing World is a blog dedicated to promoting the multidisciplinary approach to investing and development of – as Charlie Munger describes it – a latticework of mental models. Although largely focused on linking to investing and economic material it deems of interest, it will also post and link to material from other disciplines that it thinks worth reading or watching, and will occasionally post investment ideas that it thinks are worthy of either investment or further investigation by those with a value investing philosophy.

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Useful Links and Other Recommended Reading

  • Buffett Partnership Letters
  • Berkshire Hathaway Shareholder Letters
  • Berkshire Hathaway Owner's Manual
  • Warren Buffett - A Compilation
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  • The Best of Charlie Munger: 1994-2011
  • Charlie Munger - The Art of Stock Picking
  • Charlie Munger - Academic Economics
  • Charlie Munger - The Psychology of Human Misjudgment
  • Charlie Munger - 2007 USC Law School Commencement Notes
  • Poor Charlie's Almanack
  • An Investing Principles Checklist from Poor Charlie's Almanack
  • 2007 and 2009 Interviews with Peter Bevelin
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  • BFBV @ MDI
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  • Apollo Investment Management - Reports and feature articles
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  • Fairfax Shareholder Letters
  • Francis Chou's Annual Letters
  • Grant's Interest Rate Observer
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  • Outstanding Investor Digest
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  • Sandman's Place
  • Corner of Berkshire and Fairfax
  • Reddit Security Analysis
  • Simoleon Sense
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  • GuruFocus
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  • Mises Institute
  • Yahoo Finance
  • EDGAR Company Filing Search
  • Nasdaq - Search Institutional and Manager Holdings
  • Stock Buyback Announcements
  • Insider Trading Activity
  • SEDI - Canada Insider Buying
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  • Conference Call Transcripts
  • Magic Formula Investing
  • Greenblatt / Magic Formula Related Screen
  • The Manual of Ideas
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  • 52 Week Low List
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  • A Reading Odyssey
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  • The Gates Notes

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  • Bill Gates quote from Charlie Rose interview (or, how the world's best companies are built by fanatics)
  • Charlie Munger - USC Law School Commencement - May 13, 2007
  • Charlie and Checklists
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  • Ed Thorp, Jack Schwager, and the Kelly criterion
  • Fully Translated: Li Lu's Foreword to Poor Charlie's Almanack
  • Interview with Andrew Boord
  • Ben Franklin's 13 Virtues
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  • Ben Franklin on Humility (and some crafty advice on persuasion)
  • Nassim Taleb and barbells
  • Nassim Taleb on Seneca
  • Seneca quotes (on time)
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  • Welcome Disagreement. Avoid Argument.
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  • Fortune: December 2001 - Warren Buffett on the Stock Market
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  • Warren Buffett's 2007 Shareholder Letter
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  • Seth Klarman Letters: 1995 - mid 2001
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  • What's the point of macro? - By: Dylan Grice
  • Tradewinds - David Iben’s September 2010 Commentary: Slumdog Millionaire
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  • Ricardo Semler Lecture: Leading by Omission
  • Hussman Weekly Market Comment: Tending Seeds - Reacting, Responding, Planting, and Watering
  • The Effect that Buying with a Margin of Safety has on Your Returns
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  • Steve Keen: Behavioral Finance Lectures
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  • What it takes to be great
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  • THE CHECKLIST - by Atul Gawande
  • The Most Astounding Fact About the Universe

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