Gerstner argues direct stock gifts to all children enable large-scale philanthropy without overhead.
“Think about the transformational effect of that. So we now have the ability to have large scale direct philanthropy,”
Gerstner cites Buffett's frustration with Gates Foundation overhead, proposes direct stock gifts as transformational alternative.
“Now imagine that instead he could just give a share of Berkshire Hathaway to every child in America and let that compound for the last twenty years.”