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One secret was that he kept reinvesting instead of spending his income on multiple mansions, yachts, and other toys.

Good point billjam. Buffett is one smart and shrewd cookie. In fact since the recent split of BRK-B I'm seriously considering investing some of my IRA funds in this conglomerate stock.

Hey Seatle ... I'm glad you only paid $64 in taxes in 2008!!!
Good for you pal. I sincerely hope you enjoy your wealth each and every day and not just take it to your grave.

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