Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Thursday, September 22, 2011

Class war

Billionaire Warren Buffett pointed out that he has a 17% tax rate, lower than all the other 20 ppl in his office who have tax rates between 33 and 40% but who have much lower incomes than he does. He thinks it should change. It should.

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