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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Mark19   😊 😞
Number: of 12641 
Subject: Re: Investing with an eye on rising authoritarianism
Date: 07/13/2024 4:56 PM
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Authoritarian regimes have a terrible long-term record when it comes to investing. And it will always remain so. Why? Because the best and fittest that usually deserve to win, won't necessarily win under a dictator. The dictator elevates those that fit his personal goals, not humanity's goals. Over time, it makes a huge difference.

That is a very good point, that I have to admit, I never thought of.
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