Buffet is widely considered to be one of the shrewdest investors in the world. So, the fact that he is doing this is an indication that he too wants to avoid excessive taxation.
Buffet is widely considered to be one of the shrewdest investors in the world.
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That’s true, but in reality, he’s a mediocre investor. His skill is sheltering his capital gains from taxes through his insurance companies, and getting political favors.