SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (78666)8/28/2011 8:20:40 AM
From: TobagoJack  Respond to of 217808
 
You are wrong.
50% of profit of a group of companies growing since the 60s and going eternally forward is more useful than any lump sum however large to be fritter away.

Think about it, if buffet gives away 50% of his company (he would first have to buy back all the outstanding shares) annual profit for 50 years, do you suppose that is a larger sum than his current fortune size?

Why are you so wrong?

Re stats, you are of course wrong, because in Asia folks want to keep their charity giving secret, not as would loud mouth sort would predictably do.

My wager is that hog is #1 given it's wealth level and vcv legacy.



To: KyrosL who wrote (78666)8/28/2011 9:55:01 AM
From: Cogito Ergo Sum  Read Replies (3) | Respond to of 217808
 
Can you chart that against the per capita incomes ? and which countries have been effed around by VVV ? How much is donated for tax breaks to orgainsations we know full well distribute far far less than they take in...

Everyone shouting hooray for our side...

boring...

time for summer hockey championship game

exciting



To: KyrosL who wrote (78666)8/28/2011 10:53:18 AM
From: arun gera3 Recommendations  Read Replies (1) | Respond to of 217808
 
>An entire fortune is a lot better than 50% of annual profits. The "human slug" is more generous than your friend.>

Are we playing mine is bigger than yours? As long as someone has earned money honestly, it is their choice what they do with it, whether the sum is a $1000 or $1 billion. Has anyone done a calculation if $1 million creates more jobs (and public good) if it is invested, lent out, or spent, or given in charity?

-Arun