…than you,” that would be something worth talking about. But he’s not saying that. He’s saying, “I’m gonna kill you because at this particular moment in time, you’re worth more…

…cut bills with gimmicking sunset provisions. They are George Steinbrenner (worth $1.5 billion), Janet Morse Cargill (worth $1.6 billion), Dan Duncan (worth $9.8 billion), and Walter Shorenstein (worth $1.1 billion)….

…is worth more than he owes on it, so I want to buy that security from you.” Big C says, “I’m carrying that security on the books at 80. And…

The title of the article is “Abused elephant rescued by Wildlife S.O.S.” The caption under the picture of the elderly elephant with tears streaming from his eyes reads “Raju cried…

Amateur Socialist at Angry Bear asked me about how much was being spent per vote in 2014, and did the due diligence of finding me a spreadsheet showing how many…

At the beginning of 2007, net worth of households and non-profit organizations exceeded its 1947-1996 historical average multiple, relative to GDP, by some $16 trillion. It took 24 months to…

…working. Buybacks do not automatically make shareholders wealthier. Suppose Company A has $100 cash and a factory worth $100. It has issued two shares, each worth $100. The company’s shareholders…

…It balances to net worth. (Wealth.) That’s the bottom-line balancing item that makes balance sheets…balance. Since the flow of funds matrix is missing complete balance sheets, total assets, net worth,…

…a personal favorite: every recession since 1970 has been preceded by a year-over-year decline in real household total assets/net worth. (Including liabilities to arrive at net worth instead of just…

…net worth of households and non-profits never exceeded five times real GDP (or GDP never less than 20% of Net Worth). At the end of the second quarter of 2018,…