To put it relatively briefly in a nutshell.
Can't you generally say that the more people are involved in something, the less return you get in the end?
All these people want to be paid and earn money from the contracts and in the end the person who concludes the contract can be happy to make a little profit.
So it's best to do our own project without involving many people.
Unless the project is called
Berkshire Hathaway
However, it is noticeable here that Buffet pays himself a relatively low salary and also tries to keep the number of employees at the holding company manageable.
Can't you generally say that the more people are involved in something, the less return you get in the end?
All these people want to be paid and earn money from the contracts and in the end the person who concludes the contract can be happy to make a little profit.
So it's best to do our own project without involving many people.
Unless the project is called
Berkshire Hathaway
However, it is noticeable here that Buffet pays himself a relatively low salary and also tries to keep the number of employees at the holding company manageable.
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3Mon
@Tenbagger2024 Basically, I agree with you: the fewer parties involved, the more the saver gets to keep.
However, the landscape is also constantly changing, companies are automating, digitizing and passing on the cost reductions (e.g. mylife). In other words, this party is only minimally involved. If special tax rules then take effect, a point could sometimes be reached at which even pension insurance is worthwhile. That can quickly be a few 10k€. You have to do the math. That's what I'm trying to do right now...
However, the landscape is also constantly changing, companies are automating, digitizing and passing on the cost reductions (e.g. mylife). In other words, this party is only minimally involved. If special tax rules then take effect, a point could sometimes be reached at which even pension insurance is worthwhile. That can quickly be a few 10k€. You have to do the math. That's what I'm trying to do right now...
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