Subject: Re: What Did You Buy Today?
Please tell us what you bought today.
Nothin'
I bought EPD and XOM. Both met (were under) Buffett’s 10:1 Market capitalization to Pre-tax earnings threshold and averaged together represent about a 5% yield on today’s financial outlay.
I don't think he would ever be dumb enough to use that alleged rule, no matter what RW says : )
Taxes are real things, I've found.
Jim