Keyword: contrarian
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It looks like it’s Warren Buffett’s turn to say, “I told you so.” Late last year, the Berkshire Hathaway CEO was busy selling stocks when the S&P 500 logged more than 50 record closes, leading many market observers to scratch their heads. Now, the answer looks much clearer. The stock market’s 2025 slump proves Berkshire’s fourth-quarter trades to be prescient. Buffett was at odds with the bullish sentiment that marked the end of 2024, according to Berkshire’s latest 13-F filing, which tracks its holdings. In the last three months of 2024, Berkshire sold some $5 billion of Bank of America...
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Rubin, widely regarded as the most courageous and intellectually dynamic opinion columnist in the history of American journalism, finally “resigned” from the Washington Post on Monday and launched a “pro-democracy” website, the Contrarian, on Substack. In a note announcing her alleged resignation, less than a week after the Post laid off roughly 100 employees in an effort to stop losing $77 million a year, Rubin accused the paper’s owner, Amazon founder Jeff Bezos, of sabotaging journalism’s “sacred mission” of “defending, protecting and advancing democracy. The Contrarian is built on a premise some would describe as delusional. In Rubin’s view, the...
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Donald Trump’s first instinct when it came to the coronavirus was to dismiss the threat as overblown, over there, and “totally under control.” His second was to use the pandemic as an opportunity to show off his world-historical leadership skills by treating the virus as a threat on par with World War II. Both reactions were driven by politics, not evidence. The first was unquestionably wrong. The second needs to be questioned aggressively before we impose solutions possibly more destructive than the virus itself
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No, a bunker will not save you from the apocalypse Everybody talks about the apocalypse, but almost nobody actually prepares for it. But let's say you're one of the few visionaries who actually plans for every eventuality. You've been stashing your supplies. You've built a personal bunker, or you've purchased your own spot in a communal "survival suite." When the apocalypse finally comes — possibly later this year — will you really survive if you're locked inside a bunker? (Answer: No.) Protecting against any 2012 scenario A thriving industry exists to offer structures that will defend against a variety of...
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When Dr. Doom speaks, we should listen JOHN HEINZL jheinzl@globeandmail.com E-mail John Heinzl | Read Bio | Latest Columns July 29, 2008 When CNBC or Fox needs a guest who can be counted on to deliver a thoroughly gloomy outlook for the U.S. economy, they call on "Dr. Doom." To say Peter Schiff is bearish is like saying Tiger Woods is an okay golfer, or China has a small problem with air quality. The president of Connecticut-based Euro Pacific Capital Inc. is so pessimistic about the U.S. economy that he lives in a rented house and keeps the vast majority...
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It's not a new message from the Arizona senator, who follows an unpredictable political muse but typically favors smaller government and less regulation. Yet the context was important. Standing outside the Ohio factory Tuesday, in a state where Democrats Barack Obama and Hillary Rodham Clinton pandered to protectionists, McCain actually stood up for the North American Free Trade Agreement and free trade. The lost factory jobs aren't coming back, McCain said, and rather than waging a futile fight against globalization, Washington should do a better job training workers for careers in the new economy. The next day he visited Inez,...
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Libertarians appear to represent a widely-divergent range of philosophies. Mark Yannone is,some say,VERY divergent ! He runs for Congress-Arizona- on the Libertarian ticket,and usually manages to get a few votes. To see Mark at his "best",visit him at:http://www.phxnews.com
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That way we can control it. The Government can ration it out in a sensible, considerate manner. The people who deserve it and the people who do not|will not. The drug lords, hit men, kingpins and gangsters will all be out of business. I mean, how can they sustain business if murder is regulated by the government? We can make it part of medicare reform or just add it in with some Healthcare Bill. Come on people. It's high time Conservatives get sophisticated like the rest of the World's idiots.
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