 lovinitmtboy
Male, 18-29, Western US
 16 Posts
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Wednesday, January 16, 2013 1:03:13 AM
Klaxor, obviosly you have no idea who Warren Buffet is. He is by far the largest philanthropist of all time. Not to be condescending, but philanthropy is the act of increaseing human welfare. So in short, he is donating more money than anyone ever. Also, he initiated the giving pledge, encouraging the top billionaires to give away %50 of their wealth, whom many have signed. So to answer your question "What is he doing with his money?" Alot, he is so good at investing, he gives it away constantly. Just because hes a dual bad ass, philanthropist, and investor. Wikipedia some big names before you tote your HS education.
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 avail9988
Male, 18-29, Australia
621 Posts
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Wednesday, January 16, 2013 12:24:02 AM
I like it |
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 turdburglar
Male, 30-39, Western US
1816 Posts
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Tuesday, January 15, 2013 11:43:57 PM
klaxor - If he wasn't saving his cash he wouldn't be rich. I see a problem there.
I won't pretend to know what he is like. Judging from the little I have heard from and about him, I would assume he is light years closer to reality than the rest of the "Uber rich". I like to think I would be as conservative with my spending given his wealth. I would probably develop a expensive drug habit instead. |
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 klaxor
Male, 18-29, Western US
647 Posts
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Tuesday, January 15, 2013 10:41:04 PM
"Warren Buffett is pretty awesome...his office has about 50 employees andrto the best of my knowledge he only paid 250,000 for his house (give or take a 100k or two)."
- Then what is he doing with his money? I don't want to rag on WB, but he could be doing a lot more with his cash than waiting so he can become a saint when he dies and gives the money to a foundation with his name on it.
Isn't it a little weird to just keep collecting money when you have the personal wealth of a small country?
Maybe it's just me.... |
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 Dead-Kittens
Male, 30-39, Canada
839 Posts
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Tuesday, January 15, 2013 10:23:01 PM
Warren Buffett is pretty awesome...his office has about 50 employees andrto the best of my knowledge he only paid 250,000 for his house (give or take a 100k or two). |
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 Solvent
Male, 18-29, Eastern US
2702 Posts
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Tuesday, January 15, 2013 9:10:01 PM
"Don't be so selfish with your hard work."
This sentence represents everything wrong with society. |
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 MrPeabody
Male, 30-39, Eastern US
1450 Posts
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Tuesday, January 15, 2013 8:31:55 PM
If I happen to work hard enough... does that necessarily mean the government automatically owns more of my paycheck now?
No you are thinking of it wrongly. It means there are others who do not have the fortune to work as hard as you did to earn more, therefore it is only fair that you pay more. Don't be so selfish with your hard work. |
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 thelonious
Male, 40-49, Southern US
3200 Posts
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Tuesday, January 15, 2013 7:39:54 PM
But really, I mean, a percentage tax? If I happen to work hard enough to get a raise higher than the cost of living increase, does that necessarily mean the government automatically owns more of my paycheck now? And I just keep owing more to the government every odd time I manage to get a raise, whether it beats cost of living or not? Shouldn't there be a cap on how much one citizen needs to pay to keep their government operational? |
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 kingdomCome
Male, 18-29, Europe
319 Posts
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Tuesday, January 15, 2013 7:37:51 PM
not contrary at all....rich and cheap are not antonyms |
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 tatripp
Male, 18-29, Western US
1182 Posts
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Tuesday, January 15, 2013 7:31:58 PM
on the contrary, i find that cheap people are generally honest and humble while rich are arrogant and full of themselves. |
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 Dr_Sexy
Male, 30-39, Europe
1518 Posts
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Tuesday, January 15, 2013 7:28:46 PM
Or just sell the useless shiz you bought in the first place |
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Runemang
Male, 30-39, Midwest US
589 Posts
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Tuesday, January 15, 2013 7:23:05 PM
Your lucky numbers are:
8 17 21 34 47 54 |
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 Barnk
Male, 30-39, Eastern US
435 Posts
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Tuesday, January 15, 2013 6:46:44 PM
Since I'd characterize Buffett as thrifty, I think his last statement negates the previous ones, and anything else he says for that matter. |
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 Gerry1of1
Male, 50-59, Western US
25640 Posts
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Tuesday, January 15, 2013 6:30:50 PM
ON SAVING: Never keep only in a US bank when you can use an offshore account. |
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 SCfan
Male, 40-49, Midwest US
1665 Posts
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Tuesday, January 15, 2013 6:09:10 PM
And drat the IRS every chance you get, while complaining your tax rate is too low. |
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sosueme1966
Male, 40-49, Eastern US
316 Posts
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Tuesday, January 15, 2013 6:08:25 PM
When did Warren Buffett start talking like a chinese fortune cookie? |
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 kitteh9lives
Female, 40-49, Eastern US
977 Posts
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Tuesday, January 15, 2013 5:27:14 PM
Link: Warren Buffett Money Tips [Pic] [Rate Link] - He is widely considered the most successful investor of the 20th century...and here I am on I-A-B. Time to get busy? |
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