How long does it take Warren Buffett to earn your annual income?

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stormkroe

Golden Member
May 28, 2011
1,550
97
91
Posting in a nano-thinly veiled thread to insinuate how much money you want others to think you make!
 

Jeff7

Lifer
Jan 4, 2001
41,599
19
81
2.9 minutes. That guy probably wipes his a$$ with $100 bills.
Warren spending $100k is the equivalent of you buying a beer.
So let's say it's $1 for a beer. It's reasonable and it simplifies the numbers.

100,000:1 ratio.

Checking a price....$16 for 36 rolls of Angel Soft, and 264 squares per roll.
36x264 = 9,504 squares per pack.
So that's $0.0016835 per square

* 100,000 Buffet Multiplier

$168.35 per square, proportionally.

So using $100 bills would be a 40% savings.
 
Last edited:

Brian Stirling

Diamond Member
Feb 7, 2010
4,000
2
0
It used to be said that if Bill Gates was to drop a $5000 bill it would be a waste of his time to bend down to pick it up.

There is simply no way to compare average wage earners with guys like Buffet and Gates.


Brian
 

Zaap

Diamond Member
Jun 12, 2008
7,162
424
126
He's said that he pays a lower tax rate than his secretary.
For that to be true, shed have to be making 500k per year. Plenty of underpaid secretaries would love trading places with her if so.
 

Mai72

Lifer
Sep 12, 2012
11,578
1,741
126
Buffet is on the low end.

Now, the Rothschilds are much wealthier and they control the banks. You guys ever hear of New World Order?
 

Jeff7

Lifer
Jan 4, 2001
41,599
19
81
For that to be true, shed have to be making 500k per year. Plenty of underpaid secretaries would love trading places with her if so.
Why's that? Isn't the long-term capital gains rate only 20% at his income level?


He's said that though, this his tax rate is lower than his secretary's.
 
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