Posts filed under “Money”

Taxing the Rich For Fun and Profit

Warren Buffett presents an interesting thought experiment in his latest piece in the New York Times: Suppose that an investor you admire and trust comes to you with an investment idea. “This is a good one,” he says enthusiastically. “I’m in it, and I think you should be, too.” Would your reply possibly be this? […]

How the Rich Make their Money

Jeff Haden reporting on how the rich get rich for INC: In 2009 it took $77.4 million in adjusted gross income to make the top 400. That might sound like a lot, but it’s down from $109.7 million in 2008 and significantly down from a record high of $138.8 million in 2007. Not only is the barrier for […]

Exploiting Silicon Valley

Diego Basch: Now that Joe and Wayne have solved their money problem, maybe they will want to create some world-changing stuff after some resting-and-vesting. This is perfect.

Finally Debt Free

I made my final credit card payment this month, paying off almost $21,000 in credit card debt in about four years. Mandi Woodruff wrote about it for Business Insider: At 22, Berg graduated from the University of Hofstra armed with a shiny new diploma, the whole world at his feet and $21,000 in credit card debt. […]

Buying Facebook Stock for $38

Joseph Pisani, reporting for the AP in the moments before Facebook’s IPO: [Dennis Hitchings] said that he doesn’t think Facebook is worth $100 billion — “They don’t have the revenue” — but he did say he would buy the stock at $38. Um, yeah. If you’re able to but the stock at just $38 then […]

TED Censorship: The Rich Don’t Create Jobs

Edit: You can read Chris Anderson’s full explaination on his blog. Here’s an excerpt: We discussed [whether or not to feature the video] internally and ultimately told the speaker we did not plan to post. He did not react well. He had hired a PR firm to promote the talk to MoveOn and others, and the PR firm […]