Company history Intuit (ticker: INTU) was founded in Palo Alto, California in 1983 by Scott Cook and Tom Proulx. The first product they developed was Quicken, and later Microsoft launched Microsoft Money competed with Quicken, but with little success. After going public in 1993, Microsoft once tried to buy the company, but the transaction fell … Continue reading “How does Intuit, the leader in financial management software for individuals and small businesses, make money?”
Category: Corp tax
M&A options’ taxation, accounting items, and rights and obligations arrangements
In Buffett’s 1999 shareholder letter (the content in italics in this article), he spent a lot of space explaining to investors the taxation, accounting items, and rights and obligations of many corporate M&A options.
Inflation-proof investments
Selecting companies that can stand out under inflation is an indispensable factor in Buffett’s investment technique
The impact of the Inflation Reduction Act on US stocks
In order to reduce the impact of inflation on the US economy, raise more taxes to fight inflation. U.S. President Joe Biden sign a $430 billion “Inflation Reduction
Act” on August 16, 2022.
Tax, inflation and rate are the top three serious killers to investors
The most two serious killers to investors: inflation and rate