171–180 of 435 posts
94 years of age isn't too bad for someone who is a legendary Coke drinker - five cans a day! https://markets.businessinsider.com/news/stocks/warren-buffe...
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I, similarity, can opt not to murder people. It is still an issue if others do it.
So you're saying it's no different than a murder complaining about murders. Hard to take him seriously when he doesn't himself pay more tax
94 years of age isn't too bad for someone who is a legendary Coke drinker - five cans a day! https://markets.businessinsider.com/news/stocks/warren-buffe...
I'm guessing the real problem is he's irrationally bullish on the US stock market when there's no sane reason to be.
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What are you trying to say? It's not clear at all.
Pretty clear and funny to me. Not sure how to explain it without just repeating the same thing. It seems the markets will soon go through a period when Buffet's approach will work best, which makes it an inoportune moment for him to retire. Of course at his age retirement is expected, maybe even inevitable - that's the joke.
Why would you think so?
US equity is still at insanely high valuations, markets are full of denials about it and about the future tariff related uncertainty.
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Doctors aren't that useful, unfortunately
Yeah, quality years at end of life are not solved problem even for the rich. Being this active must be genetic.
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Some goods are zero sum. Land is zero sum. Ownership of land by non local entities is… idk seems bad
Why? What's the issue, if me, an Italian, own land in Indiana or North Cali?
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She shut down nuclear power because of extreme pressure from the population. Tens of thousands protested around her office. Nuclear is complicated (and mostly fear driven) in Germany. Oddly enough the first exit was done under Schröder who is a russian asset. Makes you think.
> Tens of thousands protested around her office Germany has a population of 84 million people. 10,000 should not be able to dictate a policy decision of this magnitude, regardless of how loud they are. > Nuclear is complicated (and mostly fear driven) The politics of nuclear are complicated, the science (more engineering) of nuclear are complicated, the imperative is clear and simple. You are correct that it's mostly…
In a democratic system it is simply difficult to maintain such extremely unpopular positions. Governments which do so don't last long. Merkel flip-flopped and maintained her Chancellorship.
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If you balance the trade, it means reduced foreign ownership of U.S. assets, yes, which means ownership of U.S. assets by domestic citizens will increase. One of the primary problems with an unbalanced trade deficit is that your own inhabitants are left with less wealth over time, as assets are sold off to fund consumption.
Why would it even be desirable to have less foreign ownership of US assets? Like what is the sound logic here? As an Italian I would love more foreign ownership of Italian businesses, that would not only bring capital but more scrutiny.
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If you balance the trade, it means reduced foreign ownership of U.S. assets, yes, which means ownership of U.S. assets by domestic citizens will increase. One of the primary problems with an unbalanced trade deficit is that your own inhabitants are left with less wealth over time, as assets are sold off to fund consumption.
>which means ownership of U.S. assets by domestic citizens will increase Which to be clear will be largely domestic oligarchs and other whales since the vast majority of domestic citizens in the US don't have enough capital to own any significant amount of assets, US or otherwise.
Speaking to the middle class, home ownership (traditionally one of the most reliable sources of wealth for the middle class) would increase.
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Uniquely privileged position? The only unique thing about America is free markets. Any country can become highly successful by enacting free markets. The only thing in the way is their disbelief that they work. There's a common thread across the world and history. The more free market a country is, the more it prospers.
> The only unique thing about America is free markets Is that unique to America? I'm in EU, I thought we had free markets too. > The more free market a country is, the more it prospers. Some countries, including the US, reached prosperity by protecting their markets.
The unique thing was that they then created another, less broadly shared, kind of prosperity by eliminating those protections and offshoring those industries, and focusing instead on dollar diplomacy.