“Buffett’s approach is rooted in discipline and patience — two values that we also emphasize in Rule #1 investing. The secret isn’t chasing quick gains or timing the market. It’s about identifying wonderful companies with strong financials, trustworthy leadership, and a long-term competitive advantage — then buying them when they’re undervalued. That’s the Rule #1 way.”
“Nearly two average American lifetimes (79 years) have passed since the end of slavery, only two. It is not surprising that we can still feel the looming presence of this institution, which helped turn a poor, fledgling nation into a financial colossus. The surprising bit has to do with the many eerily specific ways slavery can still be felt in our economic life. “American slavery is necessarily imprinted on the DNA of American capitalism,” write the historians Sven Beckert and Seth Rockman. The task now, they argue, is “cataloging the dominant and recessive traits” that have been passed down to us, tracing the unsettling and often unrecognized lines of descent by which America’s national sin is now being visited upon the third and fourth generations.”
Marginal Rates: For tax year 2026, the top tax rate remains 37% for individual single taxpayers with incomes greater than $640,600 ($768,700 for married couples filing jointly).
The other rates are:
35% for incomes over $256,225 ($512,450 for married couples filing jointly); 32% for incomes over $201,775 ($403,550 for married couples filing jointly); 24% for incomes over $105,700 ($211,400 for married couples filing jointly); 22% for incomes over $50,400 ($100,800 for married couples filing jointly); 12% for incomes over $12,400 ($24,800 for married couples filing jointly).
The lowest rate is 10% for incomes of single individuals with incomes of $12,400 or less ($24,800 for married couples filing jointly).
“President Trump ratcheted up tariff and trade tensions with China on Friday. In a post on Truth Social, the president said the US would impose an additional 100% tariff on Chinese goods starting on Nov. 1, 2025.”
“I didn’t return to Apple to make a fortune. I’ve been very lucky in my life and already have one. When I was 25, my net worth was $100 million or so. I decided then that I wasn’t going to let it ruin my life. There’s no way you could ever spend it all, and I don’t view wealth as something that validates my intelligence.”
“It’s all about money, not freedom, y’all, okay? Nothing to do with fuckin’ freedom. If you think you’re free, try going somewhere without fucking money, okay?”
