View Full Version : The Warren Buffett Auction Is Stalled.
at $2.35M.
Kinda pricey for a steak lunch with Buffet.
Can someone here win it and tell him to shut his mouth about his dumbass opinion on the inheritance tax?
If I had 2.35M you wouldn't hear from me again. Fools. Buy his book. Used.
simpleman68
06-09-2011, 2:28pm
at $2.35M.
Kinda pricey for a steak lunch with Buffet.
Can someone here win it and tell him to shut his mouth about his dumbass opinion on the inheritance tax?
Why not, he's not leaving sheit for his kids from I've read.
It really will hurt the families that don't know how to protect assets
and then suddenly die and the .gov gets the lions share.
Still, It would be pretty cool to have half his experience/knowledge.
Scott
Cybercowboy
06-09-2011, 2:45pm
Why not, he's not leaving sheit for his kids from I've read.
It really will hurt the families that don't know how to protect assets
and then suddenly die and the .gov gets the lions share.
Still, It would be pretty cool to have half his experience/knowledge.
Scott
Sure! And I could have a steak dinner with Tiger Woods and go out and shoot 65 from the tips the next day!
simpleman68
06-09-2011, 2:50pm
Sure! And I could have a steak dinner with Tiger Woods and go out and shoot 65 from the tips the next day!
No doubt that knowledge is only a portion of the ingredients to financial success.
My experience with the market and foreign trade is so limited that I do value his acumen there.
Scott
Millenium Vette
06-09-2011, 5:01pm
Warren Buffet isn't putting all that wealth into those foundations because he's such a swell guy. It's the best way to avoid the government getting a big chunk of your wealth when you die. For Buffet, it's also a way to control his money after he's gone.
If I had 2.35M you wouldn't hear from me again.
Since we like you here...
I'll remind the bookkeeper to cancel that check we sent ya. :D
Sure! And I could have a steak dinner with Tiger Woods and go out and shoot 65 from the tips the next day!
Or bang a Waffle House waitress
Jeff '79
06-09-2011, 5:09pm
I've met him... He won't tell that winner a thing...... My wife practically offered to blow him for a good stock tip, and all he said was, "don't listen to anyone's stock tips"...That is probably the best advice that he could have given though....The friggin' guy was wearing polyester pants that you buy from one of those mailings with the coupons in it, a sweatshirt, and loafers...He literally looked like a bum....He is totally ruthless though. Do not be fooled by his grandpa persona....He owns the company that I work for, and believe me, he takes no prisoners, in the name of profit.
Personally, I think his commentary on the inheritance tax makes him sound like a horse's ass.
"Buffett said inheritance taxes preserve a measure of meritocracy, and with it opportunity, by recycling portions of great wealth through public coffers."
It's already been through once...
Personally, I think his commentary on the inheritance tax makes him sound like a horse's ass.
anyone who supports taxing a man's estate after his death needs to move to another country.
anyone who supports taxing a man's estate after his death needs to move to another country.
:iagree:
And his kids and relations are getting a ton, not to mention the jobs they get managing some of those "trusts", IIRC.
Millenium Vette
06-09-2011, 8:33pm
Personally, I think his commentary on the inheritance tax makes him sound like a horse's ass.
"Buffett said inheritance taxes preserve a measure of meritocracy, and with it opportunity, by recycling portions of great wealth through public coffers."
It's already been through once...
He is 100% correct when he says the inheritance tax brings opportunity and recycles wealth. It forces estates to liquidate assets to raise the cash to pay the government and there are vultures such as Berkshire Hathaway there with the needed cash to buy the assets at a discount.
Jeff '79
06-09-2011, 8:39pm
He is 100% correct when he says the inheritance tax brings opportunity and recycles wealth. It forces estates to liquidate assets to raise the cash to pay the government and there are vultures such as Berkshire Hathaway there with the needed cash to buy the assets at a discount.
Well said.....:yesnod:
Since we like you here...
I'll remind the bookkeeper to cancel that check we sent ya. :D
:toetap:
You're fired as my agent.... :rofl:
vBulletin® v3.8.4, Copyright ©2000-2025, Jelsoft Enterprises Ltd.