Posts Tagged ‘buffett’
Poor Girl! Warren Buffett’s Secretary Makes Between $200,000 And $500,000/Year
Warren Buffett’s secretary, Debbie Bosanek, served as a stage prop for President Obama’s State of the Union speech. She was the president’s chief display of the alleged unfairness of our tax system – a little person paying a higher tax rate than her billionaire boss. Bosanek’s prominent role in Obama’s “fairness” campaign piqued my curiosity, and I imagine the curiosity of others. How much does her boss pay this downtrodden woman? So far, no one has volunteered this information. We can get an approximate answer by consulting IRS data on tax rates by adjusted gross income, which would approximate her salary, assuming she does not have significant dividend, interest or capital-gains income (like her boss). I assume Buffett keeps her too busy for her to hold a second [...]
Obama’s Mismanagement has Business and Investors looking overseas
Obama’s Ally, Warren Buffet, Is Betting Against Te U.S. In An Overseas Search For Investment Opportunities. “Last month, Warren Buffett went shopping — abroad. … This is Buffett’s way of betting against the U.S. dollar. Armed with about $38 billion of cash at Berkshire Hathaway, he can use dollars now to buy companies that will generate profits in other currencies for years to come.” (Steve Mufson, “The Dollar, Less Almighty: Big Investors See Possible Long-Term Currency Weakness,” The Washington Post, 4/22/11) “Buffett Isn’t Alone” As Investors Facing Worries Over Deficits, Debt And Inflation In The U.S. Look Abroad For Bigger Returns. “Buffett isn’t alone. Some of the most successful investors in the United States and the biggest money management funds are [...]
