Man With A Plan
Diamond Member
- May 21, 2023
- 5,852
- 4,481
- 1,938
Would I take a guaranteed single digit profit that's tax free over a speculative double digit profit that I might not make any profit on at all and if I did make a profit the government would tax the heck out that profit? Yeah, I probably would take that single digit profit while I looked around to invest someplace that wouldn't tax me so heavily! Like I said, Lesh...this isn't rocket science!So you’d settle for single digit profits because your double digit profits were a couple per cent less?
Brilliant strategy there Mr. Buffett