#TBT The Democratization Of Wealth
George Marotta reminds us in this 2002 article, “Each person can best help society by developing his or her talents to the fullest. In the process, some will earn very large incomes, but that’s OK.”
George Marotta reminds us in this 2002 article, “Each person can best help society by developing his or her talents to the fullest. In the process, some will earn very large incomes, but that’s OK.”
George Marotta remembers his time serving in World War II.
As Edward R. Morrow would say at the close of his popular news broadcasts, “And that is the way it was on the home front during World War II.”
After my military service in World War II, I warned fellow students that “there is going to be trouble in Korea!”
This letter to the editor from George Marotta was published in The Stanford Daily on June 24, 1988.
Three generations explain this family saying which teaches one method of mitigating risk.
Our first article posted online is a wonder to behold. This 1998 beauty is written by George Marotta, founder of Marotta Money Management. In the article, he reminds us that, “Anyone of us could design a better system, but 500 congress people cannot resist the pressure groups who want to twist the code to benefit their particular constituencies.” Decades old, this post still rings true today.
This 2001 post from George Marotta reminds us that “If prices are determined by the market place, there is never a ‘shortage’ of anything. There is an excess of demand because energy prices are too low.”
This 1998 speech by George Marotta was in response to President Bill Clinton bold statement that “the era of big government is over.” Is it really? Twenty years later the skepticism of this post rings true.
93 years ago there was only one mutual fund. Today, there are thousands. This 2003 article tells the story of how this staple of the financial services world got its start.
Inverview with George Marotta on NAPFA and being a fee-only fiduciary
George Marotta, also known as “Papa” to me, is quite a fount of wisdom and knowledge. In this post, I give you Papa Marotta and a little bit of wisdom I managed to get him to share on grandchildren.
David Marotta & George Marotta discuss financial reform, specifically the Dodd-Frank bill and its implications on the economy.
George Marotta is a research fellow at the Hoover Institution pursuing research on international finance.
Countries must allow all of their populations to participate as fully as possible.
Learning how billionaires amass their wealth may expand your financial horizons and possibly stimulate some ideas that could lead to your name being added in the future.
Buy when there is blood on the street and sell on the sound of the trumpet.
The party’s over for home owners who sought the lower initial payments of ARMs.
“April is the month,” one wit noted, “when the green returns to the lawn, the trees and the Internal Revenue Service.”
Two hours and twenty minutes of every eight hour day go to pay taxes. Three minutes go toward personal savings.
On your way to becoming a billionaire, the million markers become commonplace.
The argument that workers might make mistakes is strange in light of the gross errors made by the government itself.
ETFs combine tax efficiency with low expenses.
The value of any asset category does not go in one direction forever. The housing prices boom shows signs of weakness, and that they may correct or at least under perform for the next few years.
We are living too long and we don’t have as many children as we used to.
The truly rich person is anyone whose income is greater than his or her expenses and whose expenses are sufficient to their desires.
Our children and grandchildren deserve better!
The media is making the job more dangerous.
If you have a large portfolio, hire a professional manager.
Today, we have 8,269 mutual funds. About one-third of all common stocks are held in mutual funds.
The current distorted tax system has resulted in a steady decline of dividend payouts over the past two decades and was a major contributing factor in the stock market bubble of 1999 and recent three-year bust.
In the US we allow companies to go bankrupt when they cannot succeed in business.
I say, “Let the rich be rich!”
Let’s not change those things that made us successful in the first place: Maximum freedom for the individual.
Congress contributed greatly to the bubble through the distorted incentives created by the tax code.
We all must become volunteers in fight against terrorism in order to maintain the new world order.
Despite the small decrease, the size of the federal government is still at an unprecedented level.
Higher energy prices will encourage alternative sources of energy that are more environmental friendly.
Filing federal taxes accounts for 82 percent of the federal government’s entire paperwork burden.
The Stock Market will Drop Further.
Let’s have a tax code that looks like it was developed on purpose!
The market is very “pricey” when old-fashioned measures of stock market valuation are examined.
When (not if) the Federal Reserve Board increases interest rates, this will bring the stock-market party to an end as higher interest will cause both stocks and bonds to fall in value.
The major mistake was in not indexing the age of retirement to life expectancy.
Periodically, investors should review their portfolios with a view toward rebalancing the assets.
Big Government has become a vast machine to redistribute income from those who earn it to those who yearn for it.
Anyone of us could design a better system, but 500 congress people cannot resist the pressure groups who want to twist the code to benefit their particular constituencies.
In 1996, President Clinton said that “the era of big government is over?”