View Single Post
Old 03-08-2013, 12:58 PM   #40
Not Too Shabby Poster
ColoradoDarin's Avatar

Join Date: Aug 2005
Location: Wilson, NC
Posts: 8,230


Originally Posted by Rohirrim View Post
Buffett plays the long game. Look at what he just bought? Heinz. What do they make? Ketchup. You're not going to learn the latest style of Wall Street fireworks and piracy working for BH. But then, the pirates are going to go belly up soon anyway and the wreckage will be substantial. I'll bet BH will still be doing fine. Why? They make ketchup.
Even better than Heinz - he lobbies the government for death/inheritance taxes and then sells life insurance (LI is generally not subject to federal taxation).
ColoradoDarin is offline   Reply With Quote