“I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.” PeopleIfsThinkingShouldLooksCountryTermSituationCrazyTaxesOfficePaidRateAverageSecretaryLowestAccountingPayrollForbesPayroll Tax Author:Howard Warren Buffett
“The top stars like Angelina, Cameron (Diaz), Sandra Bullock and probably now Jennifer Lawrence probably gets paid the same as their male counterparts. The problem is the averages. Because there are not enough parts for women to star in and get paid. So when you look at the total amount women make as compared to men it's paltry.” MenLooksEnoughProblemStarsAmountPaidMalesAverageCounterpartsJenniferCameron Author:Amy Pascal
“Edge also implies what Ben Graham....called a margin of safety. You have a margin of safety when you buy an asset at a price that is substantially less than its value. As Graham noted, the margin of safety 'is available for absorbing the effect of miscalculations or worse than average luck.' ...Graham expands, "The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price."” StillsValuesEffectsHigherPaidSafetyLuckAverageEdgesAvailableDependentAssetsMarginsAbsorbingMiscalculations Author:Michael Mauboussin
“People who have been prostitutes are ten times more willing to be johns than the average person. So, if you've been paid for sex you understand the value of that experience on some level.” PeopleIfsPersonsHas BeensValuesSexLevelsWillingTenPaidAverageAverage Person Author:Annie Sprinkle
“What is the popular image of rock star? A rail-thin, overly-paid, narcissistic, average-talented individual who self-implodes in front of everybody, eternally having a party and who looks eternally youthful?” LooksSelfIndividualStarsPartyRocksFrontsPaidAverageRock StarNarcissisticRail Author:Ian Astbury
“Contrast 1968, when the CEO of General Motors took home, in pay and benefits, about sixty-six times the amount paid to a typical GM worker. Today the CEO of Wal-Mart earns nine hundred times the wages of his average employee. Indeed, the wealth of the Wal-Mart founder's family in 2005 was estimated at about the same ($90 billion) as that of the bottom 40% of the US population: 120 million people.” PeopleHomeTodayWealthPayMillionsAmountSixBenefitsHundredPaidWorkersBottomAveragePopulationBillionsNineEmployeeContrastSixtyFoundersTypicalCeoWagesMotorGeneral Motors Book:Ill Fares the Land Source: Ill Fares the Land
“By working hard we could make an average of about $5 a week. We would have made more but had to provide our own machines, which cost us $45, we paying for them on the installment plan. We paid $5 down and $1 a month after that.” MadeHardWorkPlansWeekMonthsCostMachinesPaidDown AndAverage Author:Rose Schneiderman