David Gardner
David Gardner
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We learn simply by the exposure of living, and what we learn most natively is the tradition in which we live.
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Ideally ... we think that a further step here would be to phase out capital gains if investor are holding for a longer period. For instance, if you were to hold stocks, let's say, for five years, I would like to see the rate lower than 20 percent, and maybe if you hold 10 years, there might be no capital gains rate at all. That will return the public markets to being about buying and holding and funding businesses, which was their purpose, not throwing paper around in a speculative manner.
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We are elated to have a quality company like ring Power locate here. They provide good-paying jobs and sell great service equipment.
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Finally, ... the turnover ratio is the big secret of the mutual fund industry. The average fund turns over its assets 100 percent; that means they fully sell out and buy something else, and guess who gets to pay that tax bill at the end of the year? You and I do.
When we were first asked, I said no.
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The process has to be methodical. We deal with inherently hazardous materials. If we're not safe, we've got trouble.
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Detroit is our weakest market and upstate is second, ... We try to operate at a 95 percent occupancy level and we haven't seen that for a number of years in upstate
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Much that passes for education is not education at all but ritual. The fact is that we are being educated when we know it least.
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The bluff stabilization does two things. It stabilizes the bluff and prevents erosion and it wicks out moisture that forms behind the wall, preventing saturation points.
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Donating a stock, ... is the best way to give money.
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Then when we finish, we'll have a better idea of when they'll start on the work, because they need to have this meeting in order to issue a notice to proceed to the contractor,
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It's a good way to get all the players in a room and discuss any issues that may come up,
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I've got three basic, foolish thoughts today about taxes. Let's take it right off with number one, which is that I believe that there should be a long-term benefit to owning stocks.
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It's good to see the increase, but it should be higher. The base was low to begin with.