titled "Why we swing for the fences." The 7,000-word letter highlights the accomplishments of the Gates Foundation over the past twenty years and the lessons they've learned after spending $53 billion to solve some of the world's biggest health and education challenges.
Gates then applied the metaphor to the goals of the foundation. "That's how we think about our philanthropy, too," he wrote. "The goal isn't just incremental progress. It's to put the full force of our efforts and resources behind the big bets that, if successful, will save and improve lives." In an HBO documentary on Buffett, the billionaire is asked to articulate his investment philosophy. Buffett cites a book by baseball legend Ted Williams called "The Science of Hitting." In it, Williams divided the strike zone into squares.
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