Remove 2004 Remove Math Remove Taxes
article thumbnail

Transcript: Brad Gerstner

The Big Picture

So here’s the math, Barry. If you start with a thousand and you only have an addition of $750 a year, okay, families can contribute to that, your 00:44:48 [Speaker Changed] Corporate tax free. You take it out tax free as well. 00:44:49 [Speaker Changed] Correct? Completely. Your corporation can contribute to it.

Investing 246
article thumbnail

Transcript: Ramit Sethi

The Big Picture

So, you start the blog in 2004, more or less. SETHI: When I show people for example that if you take a mortgage, you might as well just add on 50 percent to that mortgage to account for taxes, interest, maintenance, opportunity costs they are shocked they can’t believe it. It’s much deeper than math. SETHI: Yes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

They're Coming For Our Social Security

Random Roger's Retirement Planning

If congress does nothing, then starting in 2034 incoming payroll taxes would cover 80% of retiree payouts implying a 20% cut. Cutting benefits and raising taxes are the two most talked about way to fix it. There's been talk of raising the cap on payroll taxes. More taxes on workers? FRA of 72? I don't know.

article thumbnail

Transcript: Graeme Forster, Orbis Investments

The Big Picture

So I, I did a math degree at Oxford, which is more pure math. You know, pure math can be very theoretical and detached from the real world, and it’s getting worse. You don’t have to pay any tax and just let the rest ride. It’s just math stick to it over long periods of time. You give out 5%.

article thumbnail

Transcript: Bill Browder

The Big Picture

So, I did the math, 20 million times a hundred. So, let me just repeat the math. And so, again, I went through this simple math. At that moment in time, 2004, Vladimir Putin became the — becomes the richest man in the world. And so, it wasn’t just a fishing boat, it was an oceangoing factory, very impressive.

article thumbnail

Transcript: Howard Lindzon

The Big Picture

RITHOLTZ: 2004, 2005. So this is the math that I applied. So think about this, do the math. How do I go about protecting this giant pool of capital and how do I not get killed tax wise? LINDZON: They have their own tax problems. How’s my 10 grand doing? LINDZON: Yes. LINDZON: I hate CNBC. RITHOLTZ: Right.

Media 290