US Tax Rates
Interesting that our top tax rate of 45% kicks in at $180,000.
Sometimes You Should Take The Money
Following on from yesterdays thread on Ronald Wayne who left $58 billion on the table when he bailed on the embryonic Apple I thought it would be good to look at a case where it would have been wise to take the money. In 2008 Microsoft offered $44 billion for Yahoo – this valued the…
DetailsHaving A Bad Day?
If anyone is having a bad day, remember that today in 1976 Ronald Wayne sold his 10% stake in Apple for $800. It would now be worth $58,065,210,000.
DetailsA Blast From The Past
I was going through my archive looking for a piece for the current mentor program when I came across this little gem from the Eifuku Master Fund. By the way the name is not made up. This fund was run by a former employee of Lehmann Brothers in Tokyo. The letter speaks for itself. Memorandum…
DetailsStill Paying A Lot For Not Much
People invested in hedge funds are still paying a lot for very little in the way of actual return. Hedge funds were up 0.59% in March although they still trailed the S&P 500, which was up 3.13% for the month and 12.00% YTD. The Hennessee Hedge Fund Index is up 4.59% YTD. “Hedge funds posted…
DetailsThis Gives Me The Shits……
I am a fan of internet shopping – I buy everything I can reasonably buy from the google box. Years of putting up with disinterested, surly and friggen ignorant shop assistants have been replaced by a relaxed approach to buying virtually anything I want in peace and quiet However, when buying a digital book of…
DetailsEver So Calm
This is the VIX over the past few years – as you can see the market seems to have calmed right down to historically low levels.
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