Bill Miller, Chief Investment Officer
On this week’s podcast (recorded May 22, 2014), Bill gives a review on the controversial book, Capital in the Twenty-First Century by Thomas Piketty:
What we like: Emphasis on returns to capital (savings); savers will continue to be rewarded.
What we don’t like: Modern-socialistic state belief using high tax rates in order to deal with societal inequalities.
What we are doing about it: We encourage opening savings accounts for children and grandchildren; fund 401(k)s to the max; watching if some of the societal inequalities as outlined by Piketty are dealt with sooner than later.
Click the play icon below to launch the audio recording or click here.
The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change.