Parsad

Yup...VOO. 3 basis points expenses...represents the S&P500. Most of those companies have global reach, dominant players, and with 500 stocks...diversification isn't an issue. Cheers!

Hmmm! Now if you combine all three "isms"...it's just called "Trumpism!" Cheers!

He makes Dubya look like Stephen Hawkings! Cheers!

Yup, or own an extremely cheap, quality ETF and ignore everything. For most people, if they did just that, they shouldn't be watching the stock market, but enjoy a nice walk in the park or go fishing! Even I'm doing that now. I'm at the point where I don't need homeruns anymore, although they are fun! I just need singles and doubles. I have more and more in a simple, cheap ETF...my Berkshire...my Fairfax...periods like this are just so I can put a bit of cash into some homeruns! Cheers!

The best was in the first term, when he sprinted to the front for a photograph in Europe and pushed another world leader aside because he accidentally stepped in front of him! This dipshit, narcissistic, bully is now the most powerful man in the world who is turning 100 years of history upside down! Cheers!

Yup agree! It will give me more money to give to our local foods banks in the next 24 months...there are a lot of people who will need it. Already demand had increased post-pandemic by nearly 100% over the last 2 years. Can you imagine that...if there were 5,000 people using the Vancouver Food Bank monthly, that has increased to 10,000. They have been at the breaking point if they didn't receive additional support from people and corporations. What will it be like now with massive layoffs across the board and country? Cheers!

Pppphhhhttttt! Hahahahahahaha!! I think I just wet my pants! Cheers!

+1! Greg's right about this. I don't think this will be as bad as the Pandemic correction. Somewhere in the middle. Trump likes to create chaos to get the deals he wants. He doesn't care if a handful of people fail, but he does care if things really start to turn against him. We aren't there yet, but we aren't that far either. Another 10%-20% drop and you will see deals, negotiations, policy changes...and then he'll find a way to make himself the hero from all of it! Cheers!

So we panic when the valuation goes down and the opportunity increases? If so, you are manifesting the exact type of psychology that should worry a person in such a market. I've been through four of these dramatic falls now...each one felt like Christmas morning to me! If that isn't how you feel, be very calculated in the decisions you make right now...it may be better to just still and do nothing. Cheers!

Yes, Aja Therapeutics sells in the U.S. and Canada. We manufacture in the U.S., so selling there isn't an issue. All of our ingredients are sourced there as well. But we do sell in Canada and it will get hit with tariffs. We are in the midst of possibly opening a small lab in Canada, so we'll be able to manufacture there...but some of the ingredients can only be sourced in the U.S. So, we will still take a hit! Cheers!

Wintaai acquires Southern Vanguard Insurance Company: https://southernvanguardinsurancecompany.com/ Stonetrust...Loggerhead...now Southern Vanguard...congratulations Francis! Cheers!

Pppphhhhhtttt! Not Trump. He wouldn't have a clue what to do with ChatGPT. But certainly one of the geniuses on his team might have! Cheers!

So much for going after China! Exactly what I expected. Tariffs are simply his taking a baseball bat to kneecaps to get what he wants! There's no genius here...just a mob boss. Cheers! https://finance.yahoo.com/news/trump-says-china-could-tariff-205029241.html

Yes, they probably won't run solely to China, but new alliances are going to be created. And the realignment might not be as pleasant as the past! Cheers!

In Buffett's case, the cost would be borne by the offending party...exactly like carbon credits. In the present case, the cost is borne by the consumer. Cheers!

I highly doubt that direction will make China weaker and the U.S. any stronger. But hey, fill your boots! Cheers!

The certificates would be essentially similar to carbon tax credits. I don't see ballooning tariffs on industrial polluters by using those, and they spur green energy projects and developments. The system worked...it wasn't chaotic and targeted the egregious violators, while allowing development of traditional and non-traditional industries. Buffett was talking about doing the same thing, but with trade. The effect would have been discerningly different...one was a chainsaw, the other a scalpel. Are we seeing a pattern here?! Cheers!

Then go after China! Why the blanket policy of punching everyone in the face? Cheers!

That's incorrect. Buffett's method would have created a market for the certificates and balanced trade. There would be no actual tariff other than the market price of the certificates. In the present case, we have hugely varied tariffs for different countries. Essentially you are not creating a free market on trade, but a gamed market that favors those with lower tariffs. As a Canadian, I have an advantage now over some of these exporters into the U.S. because their tariffs are so ridiculously high! This will have some of the same effect as Buffett's idea, but it is wildly chaotic, unbalanced, inequitable and actually is stifling trade. Cheers!

Almost certainly a short-term bluff, but unfortunately the damage is being done. That's the way this guy works! Look at what I do to my neighbors and friends...look at what I'm going to do to you...now come to the table. No different than the mob! Employers are laying off...struggling small businesses are considering closing or filing...consumers are going to start reducing consumption...trade will slow dramatically...like the Pandemic, this is a sudden blow, but one that can be shortened or ended. Cheers!

Viking, what are the gains like on Fairfax's bond portfolio today? With 10-year US below 4%, I'm guessing it is going to be a good year for Brian! Cheers!

I can't time the market...not sure anyone can! So when things start to get cheaper, I average in...and then I average out as they go back up to intrinsic value. Not everything is really cheap, just pockets...so I suspect we have much further to go. Cheers!

3%....was 50% cash. Now down to 40% cash after today. Didn't hedge the market or economy, because there was really nothing wrong with it...contrary to popular belief! Christmas is still coming as we get economic data over the next few months. Powder is dry! Cheers!

There is no mandatory requirement for ideas on this board. It is a community. If you have an idea and want to share, great! If you want to be part of the community, great! If you want to stay in the back of the crowd and listen/read...wonderful! But if you want to offend the community or members in it...not so much! Cheers!

Thanks coc for finding the post! Some on here like to rewrite what was said and make me look like the bad guy. If you watch what you fucking say, I don't have to be the bad guy and nobody complains. Cheers!