This, and we would rather "finance" things with high margins than make things with lower margins.

I've felt Wall Street for many years has had some of the most brilliant stupid people on the planet. The two gentlemen from Omaha appear to have been in a very small minority who figured out you could get incredibly rich with lots of boring companies that were ran well.

Love or hate Elon Musk, at least he likes to make things and think big. Much better than our world-class tech companies who are saving the world through ever better targeted advertising, large scale personal data theft, pinching content producers, and better phone cameras each year.

Covid should have been (and was for some) a complete wake-up call as to the sorry state of the US industrial base.

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