Of Billionaires and Biden May 6, 2022May 5, 2022 I know some billionaires — even some multi- and deci-billionaires — and I like them. That said, even some of them agree they should be taxed more. Things have become too unequal. It’s not fair, it’s not sustainable — it’s not necessary — and it points toward a dark future. Take 30 seconds to check out Billionairestax.org. And then three minutes — or nine — to hear from the President about the economy. Pressed for time? Start here. Three minutes. Otherwise, watch from the beginning. Everything from how so much was stolen from the rescue money (at least in part because the disgraced former president got rid of inspectors general) to plans to lower drug prices, utility bills, inflation, and the deficit. The other party handed Obama a world on the verge of global depression, terrible unemployment, and unprecedented deficits. Obama turned it all around. The other party handed Biden a world on the verge of global depression, terrible unemployment, and unprecedented deficits. Biden turned it all around. The President is old and imperfect. Reagan wasn’t? Eisenhower wasn’t? Churchill wasn’t? (Warren Buffett, 91, isn’t? Charlie Munger, 98, isn’t?) But just as I’d be cautious shorting Berkshire Hathaway, so would I be cautious selling the President short (79). Or, for that matter, Speaker Pelosi (82). For my money, we’re really fortunate to have them. Have a great weekend!