Currently browsing tag

History

Lost Fortune Tesla

Lost Fortunes

Where we are in life right now is a result of the the sum total of all our decisions, good or bad.  One aspect of economics that I find fascinating is hindsight, which is almost always 20/20.  Throughout history their are several accounts of fortunes lost, either due to circumstance …

Gates Foundation Big Bet

Warren Buffett Gift Mechanism: $2 Billion This Year

In 2006 Warren Buffett set up a plan to donate large sums of his fortune to the Bill and Melinda Gates Foundation.  He set this up in such a way that his donations would essentially double the amount of money the charity would spend every year.  Essentially, every dollar he …

Hillary Clinton struggle

Hillary Clinton’s Struggle: 1% Financial Problems

A couple days ago while being interviewed, Hillary Clinton was asked about the massive amounts of money her and her husband make giving speeches.  She had the chance to remark about how she is making prudent decisions by maximizing her time and generating the most revenue in the least amount …