Halls of Shrewd'm / US Policy
No. of Recommendations: 16
Anything and anyone is subject to attack by this wacko president, who wields more power than any other individual, often irresponsibly. This raises questions as to the susceptibility of our capital investments.
We have the bulk of our liquid holdings in Berkshire Hathaway (BRK) stock. As I see it, BRK is far less vulnerable than most other companies owing to its corporate integrity, diversity, popularity among influential investors, leadership, and cash flow; on top of its enormous cash stash, which is available for investments, buybacks and response to shifting circumstances. Together they afford substantial protection and boundless optionality.
Still, despite all those favorable properties, it boils down to a single corporate entity. That might argue for something like a maximum 50% allocation, with the other half split 40% into two to four other value-qualified enterprises, and the remaining 10% into cash and cash-equivalents sufficient to accommodate about 3-4 years of recent annual withdrawals.
Comments?
Tom
No. of Recommendations: 3
> Anything and anyone is subject to attack by this wacko president
I assure you, there are plenty of investments in the world, including companies, that can safely ignore him.
Look around the world, think of all the kinds of businesses that exist, think of all the things you could put money into.
TRS
No. of Recommendations: 6
Anything and anyone is subject to attack by this wacko president, who wields more power than any other individual, often irresponsibly. This raises questions as to the susceptibility of our capital investments.
You should have stopped here. Anything after that is the babbling of a true left wing nut bag. Get some help!
No. of Recommendations: 17
Comments?
Yeah.
Take it to the US Policy and Crying Board.
You're wlecome.
Thank you for your attention to this matter.
No. of Recommendations: 7
" Anything and anyone is subject to attack by this wacko president, who wields more power than any other individual, often irresponsibly. This raises questions as to the susceptibility of our capital investments.
We have the bulk of our liquid holdings in Berkshire Hathaway (BRK) stock. As I see it, BRK is far less vulnerable than most other companies owing to its corporate integrity, diversity, popularity among influential investors, leadership, and cash flow; on top of its enormous cash stash, which is available for investments, buybacks and response to shifting circumstances. Together they afford substantial protection and boundless optionality.
Still, despite all those favorable properties, it boils down to a single corporate entity. That might argue for something like a maximum 50% allocation, with the other half split 40% into two to four other value-qualified enterprises, and the remaining 10% into cash and cash-equivalents sufficient to accommodate about 3-4 years of recent annual withdrawals.
Comments?
Tom"
Good morning, quickly, whether you like team trump or not several things are very obvious. Team crypto won the election, even his pardons are, obnoxious, to be kind. Team trump is picking winners and losers and no doubt front running every move. Buffett aka brk, has not joined Dimon, Fink, etc in backing off bashing crypto and the space. Buffett is in the doghouse for the next three years, imo, hence his opportunities will be limited. BROAD BASED diversified holdings make sense now who knows what space team trump will attack or support next? Will they go after the insolence industry? Who knows? That's why I'm staying short the brkb calls.
Good luck trying to figure out team trumps next move. I still think the trump family will bank 10 billion plus while he is in office, that's reality, Imo. What we think of reality is better suited for the US POLICY daily spit ball fight board.
No. of Recommendations: 3
" Comments?
Yeah.
Take it to the US Policy and Crying Board.
You're wlecome.
Thank you for your attention to this matter."
LOVE IT!! BUT, no one can deny team trump in office is very material for all investors in all sectors.
No. of Recommendations: 0
" Will they go after the insolence industry?"
insurance, IF you can correct the process is above my pay grade.
No. of Recommendations: 17
Agree with the OP. Have about the same concerns and response, so nothing to add (as they say).
Disagree with the subsequent abuse.
--sutton
No. of Recommendations: 6
Not political but an observation.
I think the smart thing to do, economics-wise, is ignore absolutely everything that Trump says, watch his actions, and not get riled up either positively or negatively by the right and the left media and influencers.
Separately you can have your political exultation or outrage as you see fit.
What he has done, or will do, is to encourage various forms of gambling (eg CFTC allowing sports betting by Kashi and soon by Trump Media group). Encouraged (and profited from) crypto. So more lemmings have and are going to put more money in these zero-sum and/or zero cash flow assets. Excess leverage will follow, especially if the next Fed president is tame and lowers interest rates regardless of inflation. Stocks ate already overvalued (if weighted by market capitalization as most index funds are). That is the backdrop. Given these trends, a crash seems more likely than not, Peter Lynch be damned. Or praised, if you follow a different advice from him and use projected PEG for valuation. And of course, diversify away from growth stocks even if you miss some bubblivious returns in the short term.
No. of Recommendations: 16
even if you miss some bubblivious returns in the short term...
I love it.
Bubblivious is one of the best neonyms I've seen in ages: The mind state of a participant in a bubble who is oblivious to its risks.
("neonym" is of course my neologism for a neologism)
Jim
