Results tagged “investments”

In tough economic times, people look to business leaders who have experienced—and, even better, thrived through—nasty bear markets and recessions. Veteran investor Warren Buffett has become even more influential and a guiding voice in newspapers, in magazines, and on television. And, on Monday, Buffett's name was brought up in the Michael Lee-Chin crystal by the namesake of the space.

Ryan Bigge—Toronto's least ironically named freelancer and, according to the first issue of Spacing, a former "magaging editor" of Adbusters—last year estimated that Richard Florida pulled in $170 000 a year from U of T. When the 2008 Public Sector Salary Disclosure (Sunshine) list was released, Bigge took the figure of $169,999.98 to mean that his guess was only two cents off. What Bigge failed to take into account, however, was that the 2008 list was actually the disclosure of salaries for 2007, and only included money paid out for that period. In other words, because Florida was only hired away from George Mason University in July '07, the money on the list covered just the half-year he was at U of T.