What Warren Buffett Really Said: Taxes are Going Up

The annual meeting of Berkshire Hathaway has been dubbed the “Woodstock of Capitalism”. People flock from all over the world to attend the event, held on the first Saturday in May in Buffet’s hometown of Omaha, Nebraska. It is covered live by CNBC, the one...

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How Long Can Valuations Stay High? What History Tells Us

My first employment out of graduate school at Vanderbilt was with the New Yorkfirm of Kidder, Peabody & Company. The firm brought people in to discuss variouspertinent topics to the training class. For economics we were lectured by a Professor Gamerov. He posed...

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