There has been a growing interest over time in the way democracy and capitalism relate. Some of the remarkable contributions on this subject include Robert Reich's article on "super capitalism", and Warren Letter to Shareholders 2004 and 2015. The above paper seeks to outline Robert Reich’s and Warren Buffett concerns on the relations amid democratic citizenship and corporation. According to Robert Reich, democracy and capitalism are in a growing conflict (MacKenzie 381). He, however, argues that the inconsistency was not present in the period between 1945 and 1975. This situation is attributed to the fact that there was ...
Essays on Warren Buffett
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Important Figures in the World of Finance
Often referred to as the greatest investor in the word, possibly the greatest of all time –Warren Buffet—has been the second richest American for many years. Forbes magazine estimated his wealth in 2007 at $52 billion. Buffet built his fortune by acquiring much more traditional companies than Microsoft. He is a “value investor” who sizes up the intrinsic value of company check the price at which its shares are selling in the stock market and cats accordingly (Cox & Barndorff-Nielsen 65). In case the value is greater than the share price, the company is worth buying; otherwise, it is ...
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