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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: BreckHutHigh ✧  😊 😞
Number: of 15053 
Subject: Re: Spy down another 4 percent,
Date: 04/09/2025 8:56 PM
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"Among other things, there are serious investment implications arising from the fact that no country will trust the US again for many many years, and that will hit virtually every firm bigger than a barber shop. Decoupling, divestiture, falling trade intensity, falling world production, lower incomes, more conflicts. And not a whit of this can be undone by another speech announcing a change in policy like a change in the weather, or by another election--the trust is already gone.

Forget the tariffs, look at the geopolitics.

Sounds dire.

I'll contrast your statement with Buffet's (an American) in 2021:

"When you next fly over Knoxville or Omaha, tip your hat to the Claytons, Haslams and Blumkins as well as to the army of successful entrepreneurs who populate every part of our country. These builders needed America’s framework for prosperity – a unique experiment when it was crafted in 1789 – to achieve their potential. In turn, America needed citizens like Jim C., Jim H., Mrs. B and Louie to accomplish the miracles our founding fathers sought.

Today, many people forge similar miracles throughout the world, creating a spread of prosperity that benefits all of humanity. In its brief 232 years of existence, however, there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic progress has been breathtaking.

Beyond that, we retain our constitutional aspiration of becoming “a more perfect union.” Progress on that front has been slow, uneven and often discouraging. We have, however, moved forward and will continue to do so.

Our unwavering conclusion: Never bet against America."

https://www.berkshirehathaway.com/2020ar/2020ar.pd...

"These builders needed America’s framework for prosperity – a unique experiment when it was crafted in 1789 – to achieve their potential. In turn, America needed citizens like Jim C., Jim H., Mrs. B and Louie to accomplish the miracles our founding fathers sought.

I'd add that Elon Musk, who it seems many on this board have shown disdain for, has done more for the US and humanity than the Claytons, Hassan's and Blumkins.
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