Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: amazonian on 18 February 2017, 23:44:11
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Warren Buffett, one of the worlds richest men with an estimated fortune of 75 Billion dollars, holds 616 million shares in Heinz group.
Heinz shares increased by over 10% after their bid for Unilever, thus increasing his 'savings' by just over 6 Billion dollars.
That's enough to buy 162.000.000 Omegas at £500 each.
I suppose if we had that sort of money we would all get those niggling little jobs that we have never got around to done on ours, wouldnt we?
But what else would you do ?
:o :o :)
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But what else would you do ?
:o :o :)
Give the employees a pay rise ......... :y :y :y :y
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Which is probably why hes a multi billionaire and you aren't. :y
He has always had the motto "be brave when others are cautious and be cautious when others are brave.
My own financial adviser has adopted this motto, and it seems to work. My vary modest investments have returned 16% in the last 7 months.
Just a pity there aren't sever more 0,s at the end of the figures. ;D
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But what else would you do ?
:o :o :)
Give the employees a pay rise ......... :y :y :y :y
You have two hopes... And you know how that turned out for Bob... ::)
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Anybody who has worked in the US capitalist dog-eat-dog system like I have, will have been screwed, with their 200 page contracts, but with experience and most satisfaction, you screw them back, I came out ahead, this is their dog-eat-dog world. Personally, I prefer UK/European capitalism where industries know they are competing and do so in a friendly manner rather than the US aggressive adversarial/malicious way.
I wish Unilever and their employees the very best of luck. Like Cadbury employees were given guarantees, which they have not allegedly kept to, where much production has now moved from Birmingham to Poland. US capitalism has only one aim and that is their profit bottom line. Attack, screw and undermine your rivals, produce where it is the most cheapest, downgrade quality to the minimum or much below as your advertising and marketing will make up the difference. Pay your CEOs and VPs vast amounts, so they can screw everybody, cut costs, wages quality R&D to meet your targets, but if this is going to fail, then use a share buy back to hit your share price and earnings targets and your mega share and cash bonuses will be fulfilled, this is the current US public company capitalist way.
As a capitalist I'm not a fan of the dog-eat-dog US version.
The good news is that the wheels are finally falling off their wagon, through outsourcing especially with China, but they aim to counter this with their Border Tax. If you want to know more about this , how it will work, along with the repatriation of US profits by much lower CT, and how it will all potentially have grave effects on the global trade system and UK wealth, much like the dark ages and 1930 US depression, then if you are interested, I will start one of my economist threads and explain?
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Warren Buffett, one of the worlds richest men with an estimated fortune of 75 Billion dollars, holds 616 million shares in Heinz group.
Heinz shares increased by over 10% after their bid for Unilever, thus increasing his 'savings' by just over 6 Billion dollars.
OPTI's not impressed. ;) ;)
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...... Like Cadbury employees were given guarantees, which they have not allegedly kept to, where much production has now moved from Birmingham to Poland. ....
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It was due to Cadbury buying Hall's Mentholyptus) Sweets from Pfizer and almost immediately sending production to Canada & Turkey that I lost a bloody good job on my door step and why I now work at Heinz.
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Anybody who has worked in the US capitalist dog-eat-dog system like I have, will have been screwed, with their 200 page contracts, but with experience and most satisfaction, you screw them back, I came out ahead, this is their dog-eat-dog world. Personally, I prefer UK/European capitalism where industries know they are competing and do so in a friendly manner rather than the US aggressive adversarial/malicious way.
I wish Unilever and their employees the very best of luck. Like Cadbury employees were given guarantees, which they have not allegedly kept to, where much production has now moved from Birmingham to Poland. US capitalism has only one aim and that is their profit bottom line. Attack, screw and undermine your rivals, produce where it is the most cheapest, downgrade quality to the minimum or much below as your advertising and marketing will make up the difference. Pay your CEOs and VPs vast amounts, so they can screw everybody, cut costs, wages quality R&D to meet your targets, but if this is going to fail, then use a share buy back to hit your share price and earnings targets and your mega share and cash bonuses will be fulfilled, this is the current US public company capitalist way.
As a capitalist I'm not a fan of the dog-eat-dog US version.
The good news is that the wheels are finally falling off their wagon, through outsourcing especially with China, but they aim to counter this with their Border Tax. If you want to know more about this , how it will work, along with the repatriation of US profits by much lower CT, and how it will all potentially have grave effects on the global trade system and UK wealth, much like the dark ages and 1930 US depression, then if you are interested, I will start one of my economist threads and explain?
Yes please. It will make a refreshing change from the daily Trump News that assaults us from every TV channel. I am curious as to where the defecit from the difference between US pay rates for "now produced at home" versus lower pay rates from goods brought from China is going to pan out. Increased consumer prices?
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I love (in a manly way, you understand) Warren Buffett. I started taking a real interest in financial matters during the credit crunch of 2007, and have been following him with interest since.
He once said on Bloomberg that he wasn't going to give his kids a free ride, he was leaving them a billion dollars each and the rest was going to good causes. ;D
A billion dollars ffs.
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Could buy yourself a Presidency for that ::)