What is the "Ovarian Lottery" concept proposed by Warren Buffett?

Warren Buffett's influence has significantly shaped corporate strategies and business models. His investment philosophy of value investing, which involves buying stocks that are undervalued and holding them for a long time, has been adopted by many companies and investors. Buffett's focus on the long-term sustainability of a business, rather than short-term profits, has also influenced many businesses to adopt similar strategies. Furthermore, his belief in ethical business practices and corporate social responsibility has led many companies to incorporate these values into their business models.

Warren Buffett faced significant backlash due to his belief that inheritance tax should be increased, a view that was not popular in the business world. This stance not only alienated him from many in his professional circle, but also caused divisions within his own family. Despite these challenges, Buffett remained steadfast in his beliefs. He even applied this principle to his own family, demonstrating his commitment to his views. It's not explicitly mentioned how he overcame these obstacles, but it can be inferred that his success and influence in the business world, along with his unwavering commitment to his beliefs, helped him navigate these challenges.