Deepak Chopra: Buffett, Schmuffett

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This afternoon brings with it a somewhat unlikely entrant to the Warren-Buffett-Ain't-All-That camp: Deepak Chopra. Says Chopra:

Frankly, I think common citizens can solve problems that rich people can't. Rich people didn't bring down the Berlin Wall, and we need to remember that. Rich people didn't found Solidarity in Poland. They didn't bring Nelson Mandela to power. They didn't set up a foundation to give money to Gandhi or Martin Luther King...I think there's a better way to give right now. We can all participate, and it doesn't cost a dime. Each of us could begin to solve the world's problems by giving our good will.

For the millionth time, Deepak: just because goodwill impairment is a non-cash charge doesn't mean it's not costing you anything. That's it. You're out of the M&A group.
A Better Way to Give Than Buffett [Huffington Post]

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