I have never been able to understand why the tax comes as such a body blow to many people since the rate on long-term capital gain is lower than on most likes of endeavor (tax policy indicated digging ditches is regarded as socially less desirable than shuffling stock certificates).
Warren BuffettIn investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.
Warren BuffettIf you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.
Warren Buffett