Post #10521 by foolsgrad on the Berkshire Hathaway board

Pause to imagine what posts would you want to read here from others. It will likely be kinder, or involve original research with data, or be detailed and thorough, or all of the above. In response, aim to write your own posts in such a way. This will systemically produce the most valuable boards.

- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

Unthreaded | Threaded | Whole Thread (68)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 4

Through the 250 years of industrialization in the west, Rich people got way richer, the middle class got way richer, and poor people got way richer.

If 1) above were true, the vast increase of the richness of the rich should have resulted in the FURTHER REDUCTION in the standard of living of the poor. But the opposite is true, historically.

And economists do know this and do point it out all the time.

How is this not obvious?

During the last 250 years we have seen an incredible transfer of wealth from the rich to the poor through government intervention.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (68)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.