Kak
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Wonder what @Kak thinks?
My issue isn't his investing methods. I have a lot of respect for what he has built and what he has been highly effective at for more than 50 years.
I also like his simple, frugal ways. He clearly gets his joy from the business and the journey not from the stuff.
I also enjoyed his book Snowball.
However... He uses his status as a billionaire to pontificate and enlighten us plebes about his PERSONAL socialist political beliefs... I abhor that. Basically intending to destroy the capitalist system that he already got to use.
Remember the "1 percent" is $400k a year. The 1% already pays for 39% of all tax collected by the way. Yes... 39 percent of our government revenue comes from the evil 1%.
Don't use your status as a billionaire to think you can talk for ALL of the "rich." He is worth thousands of times more than the average "1 percenter."
He is also dishonest. You know the whole "I paid a lower tax rate than my secretary" thing? His secretary is a multi-millionaire "1 percenter" on a W-2. In contrast, most of his tax burden comes from capital gains which are more taxes on already once taxed money.
Overall. He's an effective a**hole. An interesting lesson to me in what not to become.
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