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Life's about planting trees for others: Warren Buffett

BANGALORE: On the second day of his India trip on Wednesday, Warren Buffett was a busy man, having a brief chat with the Karnataka CM before a factory visit to the only Buffett investment in India, TaeguTec India, a high-end tooling company. After pounding the shop floor, addressing employees and planting a sapling, it was time for a meeting with city CEOs. Before leaving for Delhi, the 'Sage of Omaha' spoke exclusively to TOI. Excerpts. Q. We noticed that when you were planting the tree, there was a different Warren Buffett, different from the persona of an investor or a philanthropist. You seemed to open up in a different way. A. Well, I like to think that I open up even otherwise (laughs). But part of life is to plant trees that other people will sit under. Somebody planted a tree for me long ago in the form of an educational institution and I sat under that tree, metaphorically. The same happened in one area after another in my life. Q. The chairman of Infosys, Narayana Murthy, talks of compassionate capitalism. Is philanthropy going to be the compassionate side of capitalism? A. I think philanthropy should be part of humanity. I don't relate it to capitalism or to business. When you have everything that you possibly could need yourself and other people need what you have that is of no use to you and has enormous use to them, I think you need to do something about it.

                                                                                                               
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