[dnautics]

specifically buffet has made a career of acquistions of medium and small family businesses which are being sold at distressed prices because of estate taxes.

Moreover Berkshire Hathaway is in the insurance business, and life insurance is a way of circumventing the estate tax.

Not surprisingly, buffet is an advocate of estate taxes.

As for Soros, he is well known for manipulating the price of the pound. It's often lauded as a 'brilliant move' but the net effect of what he did was to screw over poor and middle-class britons.

[this_user]

> "As for Soros, he is well known for manipulating the price of the pound. It's often lauded as a 'brilliant move' but the net effect of what he did was to screw over poor and middle-class britons"

Depends on your POV. The BOE was manipulating its currency by trying to keep it stable and thus overvalued compared to other European currencies. Soros' fund forced the BOE to give up on that endeavour and let the pound find its fair value.