adesigar

Gross Sees Global Economy Dangerously Close to Deflation http://finance.yahoo.com/news/bill-gross-says-global-economy-133347460.html

While the market is still digesting the facts associated with this recent separation transaction, our updated sum-of-the-parts valuation exceeds $125 per share fully diluted, net of debt. We expect the company’s focus on “profitability instead of revenues” to result in operational efficiencies, expense reductions, and gross margin improvement.

So I had said I was done with this thread but I just had to add this new link I found on a new site I discovered yesterday night. Sorry for interrupting. http://waitbutwhy.com/table/taxes-thought-experiment

http://waitbutwhy.com/2015/05/elon-musk-the-worlds-raddest-man.html http://waitbutwhy.com/2015/06/how-tesla-will-change-your-life.html Damn this waitbutwhy.com site is fun. There goes the week :) .

Someone linked this on Facebook and I though it was a nice article to share. http://waitbutwhy.com/2014/05/fermi-paradox.html

So you mean I was the one who said I just put you in your place. There are people who have been through worse and there are 5+ Billion people who are currently in that condition but man we need to think about the 5 million dollar estates and the families they are being ruined by estate planning. 5 million now or 40 million in another 30 years. edit: Done talking about this. Feel free to have the last word.

Jealousy looks a lot like that. People with assets that don't want to be seized are just whiners. Call the cops because you are being robbed. Ah, whiner... there are people who don't have televisions. You provided a list of reasons why they need to be seized, and those reasons are wrongheaded. A person inheriting $1.2m is not getting a dynasty and is not tipping elections. Exasperated and defeated, you instead switch to name calling... "whiner". Don't you have a logical argument you can present in lieu of character assassination? Let's say it was $6m divided 14 ways... what is the social goal of limiting someone from inheriting $428k? Does it "unfairly" get his children admitted to private school? There must be something left you can argue after that pathetic mayoral race comment. Can't you just live with the fact that life isn't fair and if your family wasn't frugal/lucky/etc... you may not have the same as everyone else? Or is it absolutely necessary to take from other families what they may have amassed from 94 years of frugality and compounding (my grandmother is that person... died three months short of 94 with paint peeling from the ceilings because she couldn't justify the cost of repainting). I mean, you should have seen the stuff we had to go through -- horse hair mattresses brought over from England after WWII. They even had an old brown upholstered couch that was inherited from my great-grandmother... and no, not the valuable type of antique, but rather the falling apart kind. The kids playhouse in the yard was built from the packing crates that were used to bring their goods over from England when they moved. Nothing but thrift and holding onto shares, reinvesting the proceeds. Oh, and it's "too much" you say. Okay, well it wouldn't have been "too much" if she had given it away to us all 30 years ago before it ballooned in size. But.... She.... Didn't... Want.... To.... Ruin.... Us.... So she let us wait until we were graduated from college, married, 35+, etc... And then left each grandchild $100,000 Australian, with the rest going to her children who had to wait until 65+. Well since you are so fascinated with your family storyline and are too dumb to realize that this isn't the poor trying to rob the rich but a public discussion forum where a I gave an opinion on what I though was a dumb fairy tale proposal since the tax solution isn't so easy. Yes im exasperated that someone who is regarded so highly on this board had absolutely nothing to add to the discussion except drivel. Heres a little family storyline from me. Grandfather escaped what is now Pakistan in 1947 (after World War II) with wife and 2 kids. Lost everything thanks to the "people from England" who decided to divide the country before leaving. Their house was being raided by a mob so he got out with nothing. Came to India as refugees (no couch, no packing crates, no goods from the move). Lived in a refugee camp (what playhouse, what yard). MY family build up from a slightly lower start. When my Dad grew up and moved to a different city he spent months eating once a day so he could save. Walked 5 miles one way to save bus tickets. On my first job while in India I was earning $100 per month and saving/investing from that. 2 years ago my eldest daughter who was 7 years old bought her first share of Berkshire Hathaway (B) with her own (birthday and tooth fairy) money. Don't lecture me on thrift, saving and investing. I am doing fine thank you.

One other thing about the Rand Paul plan. Its all about taxes but nothing about the reason for the taxes. High medical costs, Oil Imports etc. IMO the first thing the U.S. needs to do is tax all automotive Fuel costs so it costs the equivalent of $10 per gallon of gasoline.

Whining about being estate taxed at 5 million forgets that though 5M might be just a house in Los Altos or a condo in NYC, it is enough to retire and not work for the rest of your life in the rest of the country. I somewhat agree that this could be adjusted a bit depending on the number of people inheriting. I have 13 other cousins. Had my grandmother left us each an equal amount, that would be $17 million divided by 14. That would be $1.2m each. Damn, I can't even appoint myself as mayor with that much money. This is being driven by jealousy more than logic. "It's not fair that he got something without working for it -- jeez, it must be nice to have a rich grandmother!" With a bunch of specious logic to call it something other than envy: "No, the very fabric of democracy is at stake here! The mayors race can be swayed!" Which is completely ridiculous. I don't even remember if I'm registered for a political party, and don't really give a crap who the mayor of my town is. Therefore, I should be taxed because "What if I did care and was a total crook!". That's like punishing somebody for a crime that they might be tempted to commit. All you have done on this thread is complain and whine about the poor little people living in tiny little 7 million dollar homes and inheriting paltry 1.2 million dollars being grouped with the billionaires. For most of the U.S. population a 7 million home is more than most will earn in their entire life. So maybe you can come down to earth (just a little). Care to actually comment on how to fix the tax code? I am ok to drop the estate taxes down to 500,000 from 5 Million instead of the government running deficits. I had a suggestion which said get rid of all income and corporate taxes and replace with VAT on all non basic necessities (not going to happen because fixing taxes isnt as easy as the Rand Paul idea). Maybe you can find some article on Forbes/FOX and regurgitate on how democrats/liberals are destroying the country by taxing everything and how wonderful trickle down economics work.

Was there dynastic wealth before the gift and estate taxes were created? Or did they solve a problem that only exists in the imagination? http://www.forbes.com/sites/phildemuth/2014/07/07/the-family-is-a-machine-for-destroying-wealth/ Ah an article from Forbes magazine about no dynastic wealth. Wasn't the magazine started by the current Forbes' grandfather about 100 years ago. I believe the word you are reaching for is "nepotism". Forbes works for his money. Was he fairly chosen for the job out of a pool of thousands of candidates? Probably not. http://www.celebritynetworth.com/richest-businessmen/ceos/steve-forbes-net-worth-2/ Forbes inherited the Forbes magazine is all. And speaking of Forbes and articles on Forbes. http://www.forbes.com/sites/kerryadolan/2015/07/01/billion-dollar-bloodlines-americas-richest-families-2015/ http://www.alternet.org/corporate-accountability-and-workplace/wealth-america-getting-increasingly-dynastic-we-should-be Edited to add one more article http://www.forbes.com/sites/katiasavchuk/2015/07/01/americas-oldest-billion-dollar-family-fortunes/2/ Your alternet article claims that a great crime lies behind every great fortune. Why don't you tell that to Gates and Buffett instead of sharing it with us? That sounds like well-researched information to me. Oh yes, it gives examples of some families that have remained rich like the DuPonts. Does it explain what harm that has brought upon us? Instead, the article lists (Koch brothers) a crime from getting rich on fossil fuels -- but that's without inherited wealth. Hmm.... And a complaint that Steinbrenner made a lot of money in baseball -- oh, can't we just confiscate it because it was "absurd"? So the crime is being really wealthy, because a great crime lies behind each fortune. Ahh.... lock up the really wealthy people because they are criminals. That's a really great article, thanks for sharing. Those articles were a reply was to your dumb article about family is a machine for destroying wealth. Find the quote below from that article. Im sure 1.3 trillion controlled by 20 families is a paltry sum. Im also sure these inherited fortunes some spanning 200 years have never been used to manipulate US politics/policies for the advantage of the wealthy. Im sure there is no dynastic wealth in the 10s and hundreds of millions and these people are not manipulating state/city/local politics/policies for their advantage and for the advantage of their heirs. 5 million is too small an amount for New York/Chicago. But it could pay for a mayoral election to any other city in the US. http://www.citylab.com/politics/2012/11/skyrocketing-costs-running-mayor-major-us-city/3814/ As for being taxed at 5 million. Everyone over with estates over that will whine and cry (like you are doing) till the tax no longer applies to them. That's how it works. Raise it to 50 million and people with 100 million will complain. Raise it to 500 million and the billionaires will complain. See no matter the amount, the group that has to pay it will complain about having to pay it. NO ONE LIKES TO PAY TAXES. But the country need the money to run. So maybe instead of pouting like a toddler who isn't getting his way you could contribute to the discussion about the Rand Paul tax plan. I think its a dumb idea and I said why. Maybe you can tell us why the plan is a good idea. Here let me get you started 1. It eliminates estate taxes which don't promote dynastic wealth. Estate taxes just save farms/small businesses. 2.

Was there dynastic wealth before the gift and estate taxes were created? Or did they solve a problem that only exists in the imagination? http://www.forbes.com/sites/phildemuth/2014/07/07/the-family-is-a-machine-for-destroying-wealth/ Ah an article from Forbes magazine about no dynastic wealth. Wasn't the magazine started by the current Forbes' grandfather about 100 years ago. I believe the word you are reaching for is "nepotism". Forbes works for his money. Was he fairly chosen for the job out of a pool of thousands of candidates? Probably not. http://www.celebritynetworth.com/richest-businessmen/ceos/steve-forbes-net-worth-2/ Forbes inherited the Forbes magazine is all. And speaking of Forbes and articles on Forbes. http://www.forbes.com/sites/kerryadolan/2015/07/01/billion-dollar-bloodlines-americas-richest-families-2015/ http://www.alternet.org/corporate-accountability-and-workplace/wealth-america-getting-increasingly-dynastic-we-should-be Edited to add one more article http://www.forbes.com/sites/katiasavchuk/2015/07/01/americas-oldest-billion-dollar-family-fortunes/2/

Was there dynastic wealth before the gift and estate taxes were created? Or did they solve a problem that only exists in the imagination? http://www.forbes.com/sites/phildemuth/2014/07/07/the-family-is-a-machine-for-destroying-wealth/ Ah an article from Forbes magazine about no dynastic wealth. Wasn't the magazine started by the current Forbes' grandfather about 100 years ago.

1. Why nearly every? Why not every? 2. Eliminate gift and estate taxes aka promote dynastic wealth. 3. Eliminate payroll taxes aka get rid of Social Security and Medicare. 4. He calls the IRS "a rogue agency" 5. Forbes is a tax expert? Thanks for the hilarious article. There is zero actual thought to if we do X what happens next. Just republican/tea party vote bank politics. How about this option. The government provides healthcare to everyone and Social Security to all above 65? No income tax or corporate tax. Basic necessities are not taxed and there is a 30% (or whatever percentage is needed to balance the budget + pay down the defecit) VAT on everything that is not a basic need.

If you cant get reservations for Noma then you could try Osteria Francescana in Modena while in Florence. https://en.wikipedia.org/wiki/Osteria_Francescana

Depends on the stock. BRK - Once every 2 or 3 months. Sometimes not for 6 months. LUK - Once a Month. Other holdings - Once a week. Sears - Twice a week. Daily during spinoff/rights. Edit : I selected once a week in the poll.

Really amazing video. I think the numbers used for the An Lushan conflict might be off tho. Proportional to world population Mongol wars were much worse.

I would never have 100% net worth in one position. I would never mortgage the house, etc. 50% max if it was Berkshire under 0.5x book. "Never risk what you have and need for something that you don't have and don't need."

Love: Costco Hate: Any Google Chromebook - Useless piece of crap that cant even do what a $20 prepaid smartphone phone can. (Sorry for contradicting the above but couldn't help it as I was just telling my daughter a few mins ago precicely that the prepaid smartphone she uses as an MP3 player can do the same and more than the google chromebooks her school is using)

In my opinion. Innocent until proven guilty not the "more probable than not" stuff. But If individual is found guilty of cheating issue a multi year ban on the player and take away all income/records/rings etc for the year when the cheating was done. If team is involved take away trophy and multi year ban on team. Just my opinion.

Personally I have felt for a while that equity market valuation are high. I went from almost 100%+ in stocks to around 70% + 30% Cash around S&P 1950-2000. Been sitting and waiting because I cant find stuff to buy. I don't care about current interest rates. Im not paying crazy prices because of some dumb formula using interest rates.

No, I don't buy it. He had the same issues fighting Marquez and there were no injuries...somehow he managed to win those fights on the card, but I thought he lost two of them. When you are an offensive fighter, you just aren't as disciplined, because you are looking to get inside the defense of the other fighter...thus you are going to get hit and lose points. But a defensive fighter that is disciplined can beat you on points by simply connecting and then dancing away. Manny has to be aggressive, but he wasn't aggressive enough...so he wasn't throwing enough punches and not enough were connecting to counter how many times he was getting hit. He had the most success in his career when the flurries were coming in quick batches throughout a round...not only at the beginning and end. Cheers! He was injured. MRI confirmation http://www.msn.com/en-us/sports/more-sports/injured-pacquiao-faces-possible-sanctions/ar-BBjbHrY?ocid=SKY2DHP

Its not wrong to have a scheduled time for something but you should time for important things and TV is not important. I (and most people) don't want to schedule life around TV shows when I can schedule TV around our life. Family, Friends etc get priority, TV just fills in empty slots.

Don't know how it works but when you can watch any movie or show ever made for $90 im pretty sure that's illegal downloads/streams. No thanks. I like to pay for good shows/movies that I watch so more good shows get made.

Cut the cable cord 8+ years ago. I use Roku with Netflix, Hulu, Amazon Prime. Netflix Blu-Ray rentals for 1 month every 6 months to catch up on movies we missed in theatres. Im planning to try HBO Now.

Got a Filipino aunt so im rooting for Pac-Man.