by Henry Oliner | Jun 7, 2016 | Business, Economy
By Henry Oliner For the third consecutive year I attended the Berkshire Hathaway annual meeting in Omaha. It has become a tradition for a group of us attending to meet the first night at Drovers Steakhouse where they marinate the ‘whiskey’ filet in bourbon and soy...
by Henry Oliner | Apr 26, 2016 | Economics, Politics
The call for a higher minimum wage is an admission that policies are stifling economic growth. The best way to increase worker pay is to create a demand for their labor. This means stimulating investment and encouraging risk taking. Capitalism requires optimism. Yet...
by Henry Oliner | Jan 26, 2016 | Economics, Financial
There are a lot of ways to lose money in the stock market, but far fewer effective ways to make money. Looking at two managed accounts over the same time period, one was far more profitable than the other. One had far less turnover than the other, one had no mutual...
by Henry Oliner | May 7, 2014 | Business
During the question and answer session of the annual Berkshire Hathaway meeting one from the audience asked about fuller disclosure of compensation of more than the top executives as required by the SEC. Since there were so many managers getting top pay should this...
by Henry Oliner | Nov 27, 2012 | Economics, Taxes
In the current debate of how best to increase revenues it is important to distinguish between marginal taxes and effective taxes. Marginal taxes are the taxes you pay on an incremental amount of income. If the marginal tax rate is too high you have an incentive to...
