Trump 2.0

[Neath_Jack]

It was all Warren Buffet’s doing. The genius.

I can’t wait for his AGM, honest now.

 

[Londonlisa2001]

It was all Warren Buffet’s doing. The genius.

I’ve known a few over the years who’ve hung onto Buffet’s every word and are investors in BH.

The thing is these days, Buffet saying ‘x’ will happen in the markets is equivalent to someone predicting the next favourite to be Swans manager will be Bellamy and then putting £10k on it moving Bellamy to odds on favourite and then cashing out the bet before the market corrects itself. Not knocking him of course even slightly, but he is now the walking definition of a self fulfilling prophecy.

 

[Wing_Stand_Wood]

I’ve known a few over the years who’ve hung onto Buffet’s every word and are investors in BH.

The thing is these days, Buffet saying ‘x’ will happen in the markets is equivalent to someone predicting the next favourite to be Swans manager will be Bellamy and then putting £10k on it moving Bellamy to odds on favourite and then cashing out the bet before the market corrects itself. Not knocking him of course even slightly, but he is now the walking definition of a self fulfilling prophecy.

In all fairness to Warren Buffett, he has rather recognised the fact that stocks have been 'over valued' (by his own indicator) for a long time way before Trump ever came in, and he has been acting accordingly, hence the sell offs.

The more the market overheated? The more PE ratio insanity there was? The more the sell offs? See if he says it's all because of Trump when he appears next? He may indeed be highly critical of Trump? Wait and see?

Berkshire Hathaway’s Unprecedented Strategy: $166 Billion in Stock Sales​

Over the past two years, Buffett’s Berkshire Hathaway has been engaged in a significant sell-off of stocks, raising a remarkable $166 billion by offloading major investments, including long-standing holdings in companies like Apple and Bank of America. This has been an extraordinary shift for Buffett, who is typically known for his "buy and hold" strategy and for accumulating stakes in successful companies over time.

The magnitude of these sales is hard to ignore. For the first time in six years, Berkshire Hathaway has not repurchased any of its own stock, a strategy that Buffett has typically used to increase shareholder value. Buffett's decision to step away from buybacks speaks volumes, hinting at a belief that the market is excessively overpriced.

 

[Niigata Jack]

Trumps arse has fallen out after the Treasury warned about bond shares.

Trump tariffs updates: Markets soar as Trump pauses higher tariffs on most countries but hits China with 125% rate

Trump says countries who were facing higher tariffs will now fall to the "baseline" tariff of 10% for at least 90 days.

www.bbc.co.uk

 

[Cooperman]

"We wrote it up from our hearts".

What an astonishing thing to say in front of the world press. If there's anyone out there who still doesn't think he's an idiot then go and stand in the corner.

 

[FearOfAJackPlanet]

Their reasoning for chickening out is: "yeah, we're just too overwhelmed with all the requests to kiss Trumps's ass that we can't process them all and just have to put a pause on the whole thing"

Yeeaahhh....that'll be it.

Remember, the tariffs aren't a negotiating tactic, they are permanent.

From the BBC article I just read:

"It is a negotiation," Trump says.

Wibble.

 

[Niigata Jack]

I can’t wait for his AGM, honest now.

Are you going ?

 

[Wing_Stand_Wood]

FTSE 100 with a fight back 300+ points up on yesterdays close. And on track for the best day since 2020. Nowhere near out of the woods yet however.

FTSE 100 index surges as Trump’s tariff U-turn sparks market rally – business live

China’s 84% retaliatory tariffs on US goods come into effect on Thursday, but there’s relief that Trump has paused levies against most countries

www.theguardian.com

 

[Wing_Stand_Wood]

and that is what I detest about the system. Many of plebs are unwittingly reliant on pension fund investors to see out our years yet we suffer when events, like the above, murder the market while some still manage to get even wealthier. It is a big case of you have to be in it to win it.

Your opinion does rather seem to be ringing a bell with many. A world of market manipulation, insider trading and unfair advantage(s) over the guy in the street.

https://twitter.com/x/status/1910153921252696559

 

[JackSomething]

Your opinion does rather seem to be ringing a bell with many. A world of market manipulation, insider trading and unfair advantage(s) over the guy in the street.

https://twitter.com/x/status/1910153921252696559

I never thought I'd see the day that you'd be agreeing with AOC!

For more on Trump, here's the kind of nonsense that populist leaders bring to the table:

https://www.bbc.co.uk/news/articles/cm2eeggyppzo