Those who will cut and run when the first shots are fired are showing themselves aren't they? Tolerance for pain for the greater good simply isn't there. It's one of our biggest weaknesses. Destroying ourselves from the inside.
Lots of folks who talk a tough game. But when it really matters, they'll cut and run. It's on display today.

Those who will cut and run when the first shots are fired are showing themselves aren't they? Tolerance for pain for the greater good simply isn't there. It's one of our biggest weaknesses. Destroying ourselves from the inside.
Lots of folks who talk a tough game. But when it really matters, they'll cut and run. It's on display today.

Like I say, if the Republicans can find a way to F it up they will but I don't see it being Trumps fault

If they get this bill passed things will get better.

I hope the dont stop the tariffs

Berkshire is still holding cash, waiting on the correction imo.

Been watching this unfold and here are some thoughts. Not sure that he's actually a long term/strategic enough thinker to do this, but is Trump attempting to intentionally put the US into a short recession to force treasury yields down, thus strategically reducing the interest that we are paying on our national debt (1.6 trillion in 2025)? While at the same time, forcing a complete re-negotiation of essentially all foreign trade agreements, while forcing a ton of manufacturing and jobs to come home? in other words, basically manipulating the US economy and international trade in order to be able to restructure and refi our debt and debt service, at favorable terms, just like you would do by taking advantage of refinancing your house at a lower rate, if you were in a position to be able to force the rates down at your own discretion and timing?

Scott Bessent certainly is strategic enough to do it and he said this morning, three times, that rates would be coming "way" down. If they can thread the needle and pull it off, it will be a huge win/win for the US. Helps with our cashflow and debt issues. Once new trade deals are negotiated, prices will come down on all the foreign crap that the US is addicted to. It brings jobs home, while at the same time opening up and making international trade much more favorable for US businesses, and those businesses will be paying additional US taxes on all that additional revenue. He's also said repeatedly over the past two weeks, that the US is not going to go into a recession. By definition that's a 6 month period.

Only question is, how long would the manipulated recession last (it's technically only a recession if there are 2 quarters of negative GDP....real definition, not the BS that Biden's group changed the definition to, in order to claim that we were not in a recession) and can they pull this off without crashing the US economy. Some jobs will be lost and some weaker companies will fall to the wayside but those that survive will be in much better shape moving into the future. Safety net, if it goes bad, is to simply drop all the tariffs and everything resets back to where it was.

We are living in very complicated and interesting financial times. I'll also mention that China and many other countries are constantly doing similar things, on a regular basis, through trade, govt subsidized industries, and blatant currency manipulation. Fun Fun. Buckle up.

Pwyse, it's a calculated risk. I'm betting it works and also feel certain that they will not let it go all the way into a full blown crash before pulling that parachute, if they think it is headed that way. They've teased this out over the last several months and the market has slowly cooled off, and in a semi-controlled manner, sold off. Not crashed. I could easily be wrong, but at this point, I really think it is all planned and intentional.

Yep, just $ 330 Billion + ! I read that's the most cash any company in history has had in reserve . He may buy some huge company soon and /or some HUGE blocks of stocks. Lots of folks don't know they own a bunch of companies outright, I believe the believe the largest is BNSF RR.

I've been nibbling on Berk B for a couple of months , already had several shares. Don't know about after today , but I'm up on every purchase. I plan on adding more.

I’m agreeing with what you’re saying and it’s being played out as Trumps team planned

The thing that I’m not seeing mentioned is just much overvaluation has been in the market. The FED had been pumping cash in since Obama’s terms and never slowed down. If anything has ramped up. If those infusions are cut or somewhat cut back does the market correct itself along side Trumps play.

Biden’s team kept the markets flush with cash and cheap money until it crapped out with inflationary spikes

GEICO is Berkshire's largest wholly owned company

The saltwater boys are pissed. 25% increase on Yamaha engines and parts..

It's taken decades for our politicians to create this mess and sell out the American people.

The road to correcting this mess will be rough.

Trump is the ONLY man who doesn't GAF about the political fallout and the balls to do WHAT MUST BE DONE.

This chit didn't happen overnight and won't be fixed overnight. There's gonna be some pain along the way but it's gotta happen for our future prosperity as a country.