The Bill & Melinda Gates philanthropy foundation will not live on forever. Difficult to believe, given how many billions they are pouring into it, topped up with billions handed over by Warren Buffet's.
These are smart people, savvy people, and they don't toss the money about willy-nilly, you’d think they’d spin things out a bit.
But no, within 50 years of the Gates’ dying (and only 10 years of Buffet passing, if I recall), all of the money will be spent, come what may.
No monuments, no legacy to pass to distantly future generations.
Because the Gates and Buffet don’t know what problems will warrant intervention long after their deaths. They can’t anticipate what will be most pressing. They don’t know what solutions might be available, They can’t define how their money should be spent in 50 or 100 years time, or who would be suitable people to manage and allocate funds somewhere over the horizon.
Did I mention these people were smart, very, very smart?
There’s a lesson in there for all of us.