Epstein Secrets

grew by 11.2% while bottom 99% incomes shrunk by 0.4%. Hence, the top 1.% captured in% of the income gains in the first two years of the recovery. Warren Buffet recently noted, 40 years ago, the corporate tax contribution of 4% of GDP was far higher than today's 1.5% and growth was stronger. And corporation

One of the great traditions of the past 15o years is American thirst for innovation and its tradition of exploring the limits of basic science. From Thomas Edison's famous workshop to Bell Labs to Silicon Valley, every American could be proud of our country's many scientific accomplishments. But this tradition

, Shanghai and Shenzhen. It is no wonder Chinese investors have bid up property prices in many major cities around the globe. As a sign of the times, Warren Buffett’s Berkshire Hathaway HomeServices has recently teamed up with China's Juwai.com to bring American residential property listings to China. An Under-App

around the globe. As a sign of the times, Warren Buffett’s Berkshire Hathaway HomeServices has recently te

ted by telegraph to a ticker tape that would continuously print out abbreviated company names (ticker symbols) followed by the price and volume data. Thomas Edison later upgraded the system to reach a printing speed of one character per second. Ticker tape eliminated the need for messengers and allowed people to

ONFIDENTIAL MSCI world utility vs MSCI world index _———= Source: Bloomberg Of course, not all investors sold utilities - some were astute buyers. Warren Buffett (at the time, thought to be a bit out of touch with the new economy) acquired $12 billion worth of utility assets between 1999 and 2002, namely MidAm

sold utilities - some were astute buyers. Warren Buffett (at the time, thought to be a bit out of touch wi

to briefly survey the history of the sector and describe the utility value chain’s components. The utility industry as we know it began in 1882 when Thomas Edison built the world’s first generating station on Pearl Street in downtown Manhattan. In the early decades the industry evolved along multiple lines but