by Henry Oliner | Aug 7, 2022 | Business
The Sinema negotiation on the Orwellian named Inflation Reduction Act levies a tax on stock buybacks. As Tyler Cowen notes it is a tax on capital, a bad idea in neutral times and a worse idea in a recession or whatever you choose to call a multi period decline in GDP....
by Henry Oliner | May 7, 2018 | Business, Economics, History
The Berkshire Hathaway meeting of 5/5/18 Financial journalist Andrew Sorkin asked a question submitted by a shareholder about the record share repurchase recently announced by Apple. He closed the question stating the obvious, “$100 billion dollars is a lot of money.”...
by Henry Oliner | May 4, 2014 | Business, Economics
One of the better questions submitted during the annual Berkshire Hathaway meeting concerned the poor track record of most conglomerates. Few succeeded for any length of time. Warren’s response was illuminating. Many conglomerates were just tricks played...
by Henry Oliner | May 4, 2014 | Business, Economics
I attended my first shareholders’ meeting of Berkshire Hathaway in Omaha this weekend. My investment manager, Gary Watkins (Banyan Capital), has been a shareholder and regular attendee of these meetings for some time. I had heard of these meetings as the ‘Woodstock...
by Henry Oliner | Mar 19, 2013 | Economics
I have posted several article seeking better information about the myths commonly accepted about the gaps in income and wealth distributions. Some of this analysis in seen here, here, here, here, here, here, and here. Daniel Greenfield in his excellent blog Sultan...
