[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Rose Celine Investments 🌹 [@realroseceline](/creator/twitter/realroseceline) on x 7909 followers Created: 2025-07-18 18:09:57 UTC Came across this from Warren Buffett, I’ve written about the misjudgment and mistakes of not accounting for taxes in investment decisions (read my substack, link in bio). For example, if you live in a high tax state like CA/NY and you buy a stock for $XX and sell for $15, you didn’t not make 50%. You made approx XX% after tax. I see almost no one accounting for their lifelong business partner who always gets his cut, Uncle Sam. Here’s Buffets quote: “In our opinion, the real risk that an investor must assess is whether his aggregate after-tax receipts from an investment (including those he receives on sale) will, over his prospective holding period, give him at least as much purchasing power as he had to begin with, plus a modest rate of interest on that initial stake. Though this risk cannot be calculated with engineering precision, it can in some cases be judged with a degree of accuracy that is useful. The primary factors bearing upon this evaluation are: 1.The certainty with which the long-term economic characteristics of the business can be evaluated; 2.The certainty with which management can be evaluated, both as to its ability to realize the full potential of the business and to wisely employ its cash flows; 3.The certainty with which management can be counted on to channel the rewards from the business to the shareholders rather than to itself; 4.The purchase price of the business; 5.The levels of taxation and inflation that will be experienced and that will determine the degree by which an investor’s purchasing-power return is reduced from his gross return.” XXXXX engagements  **Related Topics** [tax bracket](/topic/tax-bracket) [investment](/topic/investment) [accounting](/topic/accounting) [celine](/topic/celine) [Post Link](https://x.com/realroseceline/status/1946271237866733784)
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Rose Celine Investments 🌹 @realroseceline on x 7909 followers
Created: 2025-07-18 18:09:57 UTC
Came across this from Warren Buffett, I’ve written about the misjudgment and mistakes of not accounting for taxes in investment decisions (read my substack, link in bio).
For example, if you live in a high tax state like CA/NY and you buy a stock for $XX and sell for $15, you didn’t not make 50%. You made approx XX% after tax. I see almost no one accounting for their lifelong business partner who always gets his cut, Uncle Sam.
Here’s Buffets quote:
“In our opinion, the real risk that an investor must assess is whether his aggregate after-tax receipts from an investment (including those he receives on sale) will, over his prospective holding period, give him at least as much purchasing power as he had to begin with, plus a modest rate of interest on that initial stake. Though this risk cannot be calculated with engineering precision, it can in some cases be judged with a degree of accuracy that is useful. The primary factors bearing upon this evaluation are:
1.The certainty with which the long-term economic characteristics of the business can be evaluated;
2.The certainty with which management can be evaluated, both as to its ability to realize the full potential of the business and to wisely employ its cash flows;
3.The certainty with which management can be counted on to channel the rewards from the business to the shareholders rather than to itself;
4.The purchase price of the business;
5.The levels of taxation and inflation that will be experienced and that will determine the degree by which an investor’s purchasing-power return is reduced from his gross return.”
XXXXX engagements
Related Topics tax bracket investment accounting celine