Subject: Re: IV
I reviewed DAF’s in the past and passed on it. Why? F.E.E.S

Being a heavily concentrated Berkshire owner for over two decades, turning over my charitable to the croupier is something like asking the fox to guard the henhouse.

Brings to mind the joke from Fred Shwed’s Where-are-the-customers-yachts; “my firm made money, I did, two for three ain’t so bad”

If the goal is to do maximum good for charity, DAF isn’t the best way.

Others comment?