Three Things I’ve Learned From Warren Buffett

I’m looking forward to sharing posts from time to time about things I’ve learned in my career at Microsoft and the Gates Foundation. (I also post frequently on my blog.)

Last month, I went to Omaha for the annual Berkshire Hathaway shareholders meeting. It’s always a lot of fun, and not just because of the ping-pong matches and the newspaper-throwing contest I have with Warren Buffett. It’s also fun because I get to learn from Warren and gain insight into how he thinks.
Here are three things I’ve learned from Warren over the years:

7 Secrets Wealthy People Know about Amassing and Maintaining a Fortune

Becoming wealthy enough to keep the wolf from your door doesn't mean an end to unwanted callers. For every newly minted billionaire, there are cautionary tales of the well-heeled undone by visits from the the tax man, the loan officer and Uncle Sam himself.

A fortune requires finesse. As well as a willingness to embrace financial exotica, trips to Bermuda and the drive to start your own business--as a survey of FORBES' knowledge of the world's wealthiest people reveals. Below are seven tricks, secrets and maneuvers regularly conducted by those with more than a shekel or two to accumulate and maintain their fortunes.

Forbes Photographs 'Titans of Philanthropy'

Would you want to be remembered most for the money you made or the money you gave away? These 12 "Titans of Philanthropy," who grace the cover of Forbes magazine for its 30th annual Forbes 400 issue, which ranks the richest people in the world, have clearly chosen the latter path.

The portrait, taken by Forbes contributing photographer Michael Prince in the Trustees Room of the New York Public Library, captures a dozen people who represent a breathtaking amount of wealth -- and good will -- all in one room: not less than $126 billion in net worth for this esteemed bunch of philanthropists, including Oprah Winfrey, who stands over Warren Buffett and Bill Gates like a ministering angel. Laura Arrillaga-Andreessen sits on the lap of her husband, Marc Andreessen, and rocker philanthropist Jon Bon Jovi lounges on the rug.