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Everything posted by Parsad
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Who Blinks First...Xi or Trump? This will be interesting...so far Trump is the one blinking regularly. But with China tariffs jumping to 145% and Xi not reaching out to the U.S. contacts provided to him...hmmm! And how much more pain will the markets incur from these two measuring dicks? Trump has pretty small hands! Cheers!
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And his solar panels melt! Cheers!
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Interesting! If we are triggering these types of outlier events in ETF's, what else are we missing? Cheers! https://finance.yahoo.com/news/576-billion-stock-etf-juggernaut-190841653.html
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I'm kind of surprised that his rockets don't crash more! Cheers!
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Sorry, he meant Hannity or Tucker Carlson! Cheers!
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Turns it into mush? MAGA's do behave like zombies though...so maybe. I think there is a vaccine for it...oh wait a minute! Cheers!
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Sorry, you mean the first 80 days of this administration, right?! Cheers!
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I doubt if his IQ is above 120. He is street smart, so yes he's cunning. But we are dealing with someone that isn't bright, let alone anywhere remotely close to genius! We're talking Gronk from the New England Patriots here! Cheers!
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Unorthodox...yes. Pretty good...hell no! Cheers!
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Yeah, I don't care what Larry Summers says, but you have to admit yourself...Trump is just freestyling it like he's TuPac or Eminem! Maybe we should start calling him Slim Shady! Cheers!
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Do people realize that this guy is just riffing? He has no plan, just freestyling it! But somehow it's the Grand Plan, Art of the Deal, Negotiations, Spine of Steel, etc. No one has a clue what this guy will do when he wakes up on any given day. All of the shit he sells is made in China! Look it up...almost all the Trump merchandise is made in China! Cheers!
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Yup...Bessent next leak..."guys, he's ok with WW2, but doesn't want WW3, we're good". I kid, I kid! Cheers!
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He's won three tournaments in a row. The guy is good...Scottie Scheffler good! He's built like the statue of David...just a tremendous athlete. They look like twins! Cheers!
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Gold actually declined during the spurt in tariffs. You are better off owning land. As Buffett suggests, I would much rather own productive land than gold. And if you are pro-active, you can buy cheap securities that may be declining, but easily overcome any value of gold when things recover. Such as the last month. Cheers!
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Greg, let's not go overboard. Because then you have to include all the crybabies within the Trump administration who also were concerned on the President's tariff decisions. In fact, if people didn't speak up, the President was going to sink the ship. Cheers!
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Oh, I agree! The Dems have done an awful job for several years now, but it doesn't mean you pick an arsonist over a criminal lawyer! Cheers!
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No, it was very different. Buffett's model would have had no significant disruption to trade flow, nor targeted any specific country. Buffett recommended a market for import/export credits/certificates...not unlike carbon credits. It wouldn't specifically target any one nation, but that global trade would be balanced by these certificates being traded by importers and exporters. There would be an equal amount of both, so if someone imported $1M in goods to the U.S., they would have $1M of export certificates they could sell back into the market to an exporter who wants to export $1M in goods out of the U.S. Balanced trade and recovery for the cost of the certificates! So, now if China has an imbalance, they would have to buy "x" amount of U.S. import certificates and incur the cost for that...unless they can find someone in the market that wants to export "x" amount out of the U.S. No one buys their certificates, that money acts as a tariff for the U.S. But the U.S. consumer doesn't pay the tariff...it's paid by China to balance trade. Cheers!
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The guy is bipolar...they should have known. People, including former Trump administration staff, warned everyone...yet a lot of people, including centrists voted for him. Frankly, the choice of Harris wasn't a great option, but at least you knew the status quo would continue and global alliances wouldn't be threatened! Cheers!
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100% agree! Although once he had the Supreme Court, Presidency, Congress and Senate, and then started firing anyone with any sort of oversight...that should have worried all Americans. But it didn't! Cheers!
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The problem is that if Joe Rogan isn't dumb, then he bet on a horse that he should have certainly known was unpredictable and unqualified. That much was obvious to anyone who wasn't in the MAGA cult. That is what it is. Just a bigger version of Jonestown or Waco...one big enough to destroy decades of alliances and the very people who believe in it! Their fear and hatred for "woke" (what a stupid word) propelled their beliefs beyond rational. Cheers!
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I'm not sure that's a defense. Just dumb expectations! Trump was threatening large tariffs against Canada and Mexico...25%...back in November. Cheers!
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These fuckers got him elected, and now they're having second thoughts on tariffs! It's just a bit of medicine for a very sick patient...c'mon suck it up! Cheers! https://ca.news.yahoo.com/joe-rogan-dave-portnoy-among-170211040.html
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Warren and Prem have lots of cash because they are more leveraged than any normal investor. Berkshire is leveraged 2-1 asset to equity and Fairfax is leverage 4.5-1 asset to equity...plus they have debt, insurance liabilities that have to be matched in duration with their fixed income portfolio, etc. They have very important requirements to hold cash or bonds. But for the average investor, they should be buying when they find cheap stuff and be fully invested if they have enough great ideas. Cheers!
