Reason as the Leading Motive

Carlos Slim

Posted by Jerry on April 13, 2007

I’ve never heard of Carlos Slim, but this morning’s Yahoo! News ran a headline saying Carlos Slim–telecom magnate from Mexico–is the second richest man in the world, soon to even surpass Bill Gates for the first place!

But that’s not why I’m blogging him. Towards the end of the news article, there is a quote by Carlos Slim that particularly caught my attention:

Slim, who owns Mexico’s dominant phone company and has holdings throughout Latin America, said his vision of a businessman’s role in the world is at odds with that of Buffett, who announced last year he would donate $1.5 billion every year to the Bill & Melinda Gates Foundation.

“It’s very interesting, because he leaves those who are running his affairs the responsibility of being very profitable,” Slim said of Buffett. “If they’re inefficient or don’t get real-term returns, they’re not going to be running anything.”

“Our concept is more to accomplish and solve things, rather than giving — that is, not going around like Santa Claus,” Slim said. “Poverty isn’t solved with donations.” 

To the extent that I can extrapolate the character of this man given his quote and the ideas that lie behind his words, I admire him already. I wonder if he is familiar with Ayn Rand.


2 Responses to “Carlos Slim”

  1. Nora said


  2. Nora said

    Is Slim paying proper taxes to the Mexican government?
    Where is that money?
    That money should be working for the mexican peolple but it doesn’t look like.

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