Warren Buffett and Charlie Munger's philosophy is as basic and old-school as their railroad investments. It's somewhat the same with their basic view of life; of working hard at what you love, not being infatuated with success and money, and giving back to your community.
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Is it too much to ask that people making over one million dollars in annual income pay a tax rate comparable to middle income Americans? Why is there one set of rules for millionaires and a different set of rules for the rest of us?
The filibuster rule trumped the Buffett Rule and the people lost once again. So, it's out with the old Buffett Rule that is Warren-based. And, in with the new Buffett Rule, that is Jimmy-based.
If Boomers want to continue the proud national tradition of handing off a better America to each generation, then it's time to rethink what it means to age.
Leadership is about empowering others and power expands the moment you share it.
Our nation is heading off a financial cliff, and both major political parties are in deceptive denial. It's time we as Americans put on our adult pants and started confronting the truth.
Instead of giving the wealthiest Americans a free ride, why shouldn't we ask them to pay their fair share? That's the only way we are going to bring fairness to our tax system and make our nation stronger, healthier and more competitive.
The 99 percent must insist Congress pass the Buffet Rule. They must render tax shirking by those in first class as unacceptable as driving with a pet dog strapped to the car roof. The survival-of-the-richest attitude is bad for the country and antithetical to democracy.
Obama should take his own advice and publicly rename the idea the "Reagan Rule" -- and then run a television ad explaining why to the country.
I asked myself: Would the president's Buffett rule rhetoric connect as well with the truly oppressed middle class people whose dreams and life savings have been shattered and who now don't worry about paying much in income taxes?
Tax credits don't work to encourage behavior if Americans can't understand them, so let's get Congress and the president to enact the "Baffle Rule" this year, so that our taxes for next year are friendlier and less baffling to the self-employed and small businesses.
If the American people make their voices heard and put enough pressure on Congress, we can restore fairness in our economic system, do what's right for the middle class, and show that Congress can stand up to special interests.
Buffett talks about how BRK intrinsic value is far greater than book value; Dimon goes on about how he is going to increase tangible book value by 15 to 20 percent a year.
Mr. President, you lost me and most of America with all your talk about Trojan Horses and Social Darwinism, as I thought I was back in a course on classics or American intellectual history at Harvard in the 1950s.
If you want to learn how to invest like Warren Buffett, you've got to learn how to sell investments effectively. Selling in this case can mean selling to take a profit or selling to take a loss to free up the cash and to emotionally move on.