Halls of Shrewd'm / US Policy❤
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this morning on brk. I can't find it, I think her name was Barbra Goodwin, something like that. I have to watch that again, thanks.
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from today's wall st j,
"I don't mind at all, under current conditions, building the cash position," Buffett declared at the event known as Woodstock for Capitalists. "I think when I look at the alternative of what's available in the equity markets and I look at the composition of what's going on in the world, we find it quite attractive."
"One thing that may surprise you... Almost everybody I know pays a lot more attention to not paying taxes than I think they should. We don't mind paying taxes at Berkshire, and we are paying a federal 21% rate on the gains we're taking. That rate was 35% not that long ago, it's been 52% in the past... and the [federal government] can change that percentage any year. I would say that with present fiscal policies, I think that something has to give, and higher taxes are quite likely... if they don't want the fiscal deficit to be this large because that has some important consequences."
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WOW, that's some response on the open, I gotta go.
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I found the, expert, it's only 4 minutes,
She sort of embarrassed herself answering the question on SIRI. Not sure she's the go-to person on these topics.
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“ She sort of embarrassed herself answering the question on SIRI. Not sure she's the go-to person on these topics.“ Yep.