Ben Graham Interview – Sears Plan of Paying employees by Capital Gains

Ben Graham Interview – Sears Plan of Paying employees by Capital Gains

Discussed is the Sears Roebuck plan of paying employees by capital gains. Ben Graham states that General Motors could also do this, but not all companies can. What about employees who cannot adjust their income to capital gains? Is the tax advantage unfair to those who cannot use it? Could wages not be reduced significantly and the pension contribution increased so that very little tax is paid on wages? See the full interview here:

Get The Full Walter Schloss Series in PDF

Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.

Fund Manager Profile: Kris Sidial Of Tail Risk Fund Ambrus Group

invest Southpoint CapitalA decade ago, no one talked about tail risk hedge funds, which were a minuscule niche of the market. However, today many large investors, including pension funds and other institutions, have mandates that require the inclusion of tail risk protection. In a recent interview with ValueWalk, Kris Sidial of tail risk fund Ambrus Group, a Read More

Jacob Wolinsky is the founder of, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at) - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver
Previous article Mark Mobius: China Clears Way For More Foreign Participation
Next article Does Criticism Of Democracy Play Into The Hands Of Authoritarians?

No posts to display