It’s been an interesting week to read that Warren Buffet owns one per cent of Apple corporation, the biggest American corporation, approximately $5billion dollars. Mister Buffet has always been a prudent investor, and there has been many people wondering that he has waited so long to be an Apple investor. You would think he would of been there from day one, in 1980, instead he became a believer in IBM. As I scratch my head wondering the big interest in Apple now, something else entered the equation. I don’t know the exact figure, that Apple has acquired a little over $214b billion dollars in an off shore account. Because of the high taxes imposed by the United States government, it best for Apple just let the money sit and earn interest. Help me with my Warren Buffet math, if Warren owns one percent of the company, that means his share of the $214b dollars is roughly $2.14 billion dollars, not bad of an investment.

With Presidents Trump’s proposal to lower corporate taxes from thirty per cent to fifteen per cent, you would think that the corporate world would be drinking Champagne every day for lunch. The party might be over some of our giant American companies. Correct me if I am wrong, what could stop a pool of foreign investors to make an offer to buy the Apple Computer Corporation for $250.00 a share, some $125.00 over it’s $135.00 present share price, would mean that the market cap of Apple Corporation would be $1.312.5 TRILLION DOLLARS. Yikes that’s a lot of moolah, but it could just be a matter who has the fastest printing press. Pretty scary, and I hope it will never happen. However if it did happen, I think I would never question #Warren Buffet on any of his future stock picks.

Oh well, I can only be happy that I do have have a little over a $Trillion dollars (worth less) in my QBet casino account.