Following up on this morning's lecture, I ran across this
news item this afternoon and thought I would share it here:
Hedge Fund Manager Donates 170,000 Acres of Wild Lands in Colorado
Journalists often are stumped for the right words to explain amazing
news that comes across their desk. But this time the simple words
announcing the news were amazing enough:
"A wealthy hedge fund manager has set a record, donating 170,000
acres of prime wilderness land in Colorado’s pristine Sangre de Cristo
Mountains to the U.S. Fish and Wildlife Service, making it the largest
donation to the agency."
It gets better.
"Avid conservationist Louis Moore Bacon, 56, CEO and founder of Moore
Capital Management, which is one of the largest hedge funds in the
world, donated to the wildlife agency most of his 81,400-acre Trinchera
Ranch Saturday, Sept. 15, adding to a previous 90,000 acre donation from
his adjoining Blanca Ranch."
In explaining the motivation for his donation, Bacon said: "We are
too quickly losing important landscapes in this country to
development—and I worry that if we do not act to protect them now,
future generations will grow up in a profoundly different world.”
Oh, if only those politicians suggesting we sell our public lands to pay off debts could understand that.
The whole wonderful story can be read here.
A nice reminder that good things can be accomplished by those with the wealth and the will to do them.
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