Posts Tagged ‘Warren Buffett’

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    Taxing Decisions

    Aug 16, 11 • 391 Views • No Comments

    According to The Atlantic’s Megan McArdle, all of us should know about the Fallacy of Chesterton’s Fence before we decide how we feel about taxes. Picture a fence extending across a road. 2 people approach it. The first says, “I don’t......  [read more]

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    A Warren Buffett Story

    Feb 27, 11 • 473 Views • No Comments

    If you had purchased Berkshire Hathaway stock on December 6, 1976, you paid approximately $77. At yesterday’s closing price, one share of the same firm (BRK/A) was $127,550. (Looking at the BLS CPI inflation calculator, $77 in 1976 is equal to the......  [read more]

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    Notes From Warren Buffett

    Feb 28, 10 • 1471 Views • No Comments

    Released yesterday, Warren Buffett’s annual letter to shareholders, as always, included sections that make me smile:  Talking about how he uses a consistent standard to assess Berkshire Hathaway’s performance:“That keeps us from the......  [read more]