Posted on 08/14/2023 6:15:51 PM PDT by anthropocene_x
According to the world’s most famous investor, the “incredible period” for the U.S. economy has been coming to an end in recent months.
That’s a somewhat surprising statement from a man who has famously been ultra-bullish on the U.S. economy.
But persistently high inflation, higher interest rates and the ongoing banking crisis have all made Buffett much more concerned about investment gains in the year ahead. His partner, Charlie Munger, echoed this sentiment. “Get used to making less,” Munger quipped.
(Excerpt) Read more at finance.yahoo.com ...
I lost 80% in a diagnostic firm.
Marriott saved the day!
:^)
I’m trying to learn, but I guess it’s not intuitive to me.
I feel blackjack might be better for me...
As long as your plus overall. :)
"Quipped"??? Yeah, that's a real knee-slapper. Ha, ha, ha.
Yeah the progression was US >> Mexico >> China
and now Indonesia, Vietnam, and India are taking the jobs from China.
I’ve watched this on auto parts sourcing over the last 40 yrs.
Are you promoting your own YouTube channel?
I’m not a day trader.
After $TYS fell I just hunched at 50.00 price. High was around 90.00 a year ago. That is a very long hold for many years to come.
It has been a war between the shorts and longs.
I learn slowly just reading the stocktwits.
https://stocktwits.com/symbol/TSN
And add to that the very fine Clinton-Obama "Uranium One" deal.
Yep. Especially from a decrepit old billionaire with one foot in the grave. Future? What future?
Thanks for the link.
to a "Service economy"
to a "wear your mask, check out your own groceries and bring your own bags economy"
Well Mr. Buffet, stolen elections have consequences.
One look at the democrat hellhole cities and how many there are now - and how horrible they are - getting worse everyday... and yeah, Warren Buffett has a point.
Our systems are messed up.
While there are quite a few fine young people, there is a huge number of screwed up people.
The future is going to be rough.
Well Mr. Buffet, stolen elections have consequences.”
I’m sure he was happy that the Keystone pipeline was cancelled so he could keep shipping the oil on his railroads.
Yup, and now energy inflation is hurting his bottom line.
Poor little rich guy! /s
Oh and don’t forget wage inflation that Biden insisted on. Remember the $15 minimum wage? Our elites are embarrassments.
Buffet is getting what he wants, which means that what he’s warning against is what he wants.
Yeah? Is it the "new normal"?
Like wearing masks, and getting useless "vaccines", and being told that everyone and everything is racist, and having LGBTQXYZPDQ+ chicks with d*cks shoved in your face all day?
Sure, why not. Let's throw making/having less into the mix, cause all the rest of the "new normal" is so awesome.
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