Halls of Shrewd'm / US Policy❤
No. of Recommendations: 2
People who have been on internet message boards for a long time have seen them going through several cycles of this whenever a hot political(-ish) topic hits the news.
Social Security, Welfare, Medicare, taxes, military adventures, immigration, and now tariffs.
All "sound and fury, signifying nothing". Everything that anybody posts about the topic is nothing more than smoke.
The people who MAKE THE DECISIONS do not read these message boards and whatever we say here is of no more avail than shouting at the sky. Even if we all 100% agree on the solution, it does not matter.
Gets our blood flowing, though.
No. of Recommendations: 7
Even if we all 100% agree on the solution ...
You are correct that chaos brings out the non-Brk comments on this board. It is obvious that (unless there are unspoken lurkers), that none of us can change the situation.
I'm pretty sure that there are "some" on this board who have seen their personal net worth take a hit over the past couple of weeks. So it's not a situation we can solve, but it is however, a situation which, if we understand its dynnamics, we can perhaps make incremental profit as it evolves.
While it is generally understood that one cannot time the market, sometimes one can.
While this board concentrates on making money over the long haul with Brk, the emphisis is on the words "making money" and there are some pretty shrewd (pun more or less intended) investors hanging out heere.
Jeff
No. of Recommendations: 23
All "sound and fury, signifying nothing". Everything that anybody posts about the topic is nothing more than smoke.
I presume you're referring to the probable effects of our posts on Trump/MAGA/politicians, quite thoroughly discounting our influence as voters. This is still a democracy, and as long as we still have free speech, we can influence fellow voters, not to mention some with wider sweeps of influence. That may mean something at least to the politicians who aspire to be reelected. Why should we write ourselves off?
Tom
No. of Recommendations: 22
Gets our blood flowing, though.
I learn things. For me, that's enough.
There aren't a lot of places that one can discuss such difficult topics so civilly.
I do appreciate the various calls to keep the political out, and I'll try harder, but it's hard to avoid the relevance of economics to investment strategy. Berkshire's earnings this year will be negatively impacted by recent developments. And, I surmise, long after.
Jim
