A Smart $100 Million Investment in Girls
It looks like Peter Buffett has acquired his father Warren's knack for finding the highest-yield investments. The younger Buffett, along with his wife Jennifer, just announced a collaboration with the Nike Foundation to put $100 million into programs that will benefit adolescent girls in the developing world. Like the cleverest stock pick, this venture is almost guaranteed to bring impressive short-term returns and will steadily increase in value over generations.
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