Thursday, May 23, 2013

How many hedge funds are in the U.S.?

Hedge-fund databases, BarclayHedge  contains 4996 hedge funds and 24376 Funds (hedge funds + Fund of Fund) .

Morningstar’s hedge fund database contains data on 7,000 actively reporting funds from more than 3,700 managers. Additionally, Morningstar offers historical information on more than 12,000 dead hedge funds.

Sunday, May 19, 2013

One man alone means everything

One man alone means everything

IRS employees ratios compared with Germany

IRS employees ratios compared with Germany

The IRS has 93,337  employees.
According to the IRS 2009 Data Book.

United States of America - population:

311,591,917 (2011)

One IRS employee for 3,338 Americans


Germany - population

81,726,000 (2011)

The German IRS, the BZSt, has 1,400 employees
According to the Bundesministerium der Finanzen 2006 Data Book.

One BZSt (IRS German equivalent) employee for 5,837 Germans.

Monday, May 13, 2013

Number of self-employed in US

In 2009, 15.3 million individuals in the U.S. were self-employed, including both those who had incorporated their businesses and those who had not.

The self- employment rate, was 10.9 percent, rate at a four-year low.

In 2010, 11.5 percent of immigrants in the U.S. were self-employed, rate at four-year high.

Tuesday, May 7, 2013

This country can accomplish great things if we pursue our own individual ambition.

Government is a separate, sinister entity that is  the root of all our problems.

Democracy is working as well as we know it can.

Individual ambition is as a virtue.

We can do big and important things alone.

This country can accomplish great things if  we pursue our own individual ambition.

Sunday, May 5, 2013

How the government can help the poor

Do not make the poor a government employee

Do not invest in government employees

Do not place barriers to entry in any market

Do not make war on success

Do not help to the entrepreneurs

Do not grease the wheels of financing

Do not increase access to government contracting

Do not try to fix the economy

Do not try to move the economy

Tuesday, April 30, 2013

How much money has Apple in China?

According to the Apple earnings call, the company had a whopping $137 billion dollars in cash at the end of December.

 About two-thirds of that money, "about $91 billion," was "offshore" at the end of December, according to Apple CFO Peter Oppenheimer.

 Apple employs 43,000 people in the United States and 20,000 overseas,