Fortune magazine essay: Warren Buffett is … bullish on women

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Posted: Thursday, May 2, 2013 12:00 am

• Read Warren Buffett's essay online or in the issue of Fortune magazine that goes on sale Monday.

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Women still hold the potential for substantially boosting the U.S. economy, Warren Buffett argues in a new essay for Fortune magazine.

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"The closer that America comes to fully employing the talents of all its citizens, the greater its output of goods and services will be," Buffett wrote. "We've seen what can be accomplished when we use 50 percent of our human capacity. If you visualize what 100 percent can do, you'll join me as an unbridled optimist about America's future."

Men especially should want women in positions of authority, the Omaha investor wrote on the eve of Saturday's meeting of Berkshire Hathaway Inc. shareholders. Buffett is chairman and CEO of the company.

"If obvious benefits flow from helping the male component of the workforce achieve its potential, why in the world wouldn't you want to include its counterpart?" Buffett wrote.

He cited his own childhood, saying his two sisters were just as smart as he was but society's expectations led them down different paths.

Buffett takes part in a women's conference that Fortune sponsors each year. He will also speak at a student gathering at the University of Nebraska at Omaha on Thursday on the same topic. (Live video here.)

To read the entire essay, click here.

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