Sovereign Wealth Fund

[james22]

 

[Vish_ram]

How and what assets will get added into this fund? 

 

I can imagine if NIH funds a biotech or licenses a patent, the warrants/stock can be in this fund. What about SBR (BTC)? will that be in this fund?

[Gregmal]

Let me guess, the same people whom are always critical of Trump, will now present us their bs analytical case for why this is stupid or unnecessary or doesnt make any sense? 

[Paarslaars]

Interesting.

With the risk of completely derailing the thread: both of them are pro BTC I believe.

[73 Reds]

1 minute ago, Gregmal said:

Let me guess, the same people whom are always critical of Trump, will now present us their bs analytical case for why this is stupid or unnecessary or doesnt make any sense? 

I think it needs to be approved by Congress so if it happens, it happens pretty quickly.  Could be bullish for BRK.....

[thepupil]

3 minutes ago, Gregmal said:

Let me guess, the same people whom are always critical of Trump, will now present us their bs analytical case for why this is stupid or unnecessary or doesnt make any sense? 

seems like a decent starting description to me. 

 

I'm old enough to remember when the republicans wanted to privatize SS, not seize it for benefit of cryptocronies / pet projects / etc. 

 

of course detail is so scant that anyone's pre-existing biases will be confirmed. arguing over the merits of a strange hypothetical SWF is almost certainly a fruitless exercise. 

 

[Blake Hampton]

100% - DJT

[Blake Hampton]

Sorry, I almost forgot about Elon:

90% - DJT

10% - TSLA

[thowed]

25 minutes ago, Gregmal said:

Let me guess, the same people whom are always critical of Trump, will now present us their bs analytical case for why this is stupid or unnecessary or doesnt make any sense? 

 

Not normally (publically) critical of Trump.  Maybe this is a stupid question, but... why have a Sovereign Wealth Fund when you have a lot of Sovereign Debt?

 

Norway is a slightly different beast.

[dwy000]

36 minutes ago, Gregmal said:

Let me guess, the same people whom are always critical of Trump, will now present us their bs analytical case for why this is stupid or unnecessary or doesnt make any sense? 

I think it's a really interesting idea as long as it's managed completely independently.  The real question is where's the money going to come from? Most countries use their trade surpluses.  When you're running $tn deficits you need every penny you can find to keep the lights on.  To be meaningful this needs to be a $trillion fund. 

[Blake Hampton]

I don't think establishing a sovereign wealth fund during record high market valuations is a good idea. But what do I know?

 

Edited Monday at 10:29 PM by Blake Hampton

[dwy000]

4 minutes ago, Blake Hampton said:

I don't think establishing a sovereign wealth fund during record high market valuations is a good idea. But what do I know?

 

It doesn't have to invest in stocks.  If you're doing something for the next 100 years the current valuations are somewhat moot. 

[Blake Hampton]

 

[73 Reds]

4 minutes ago, Blake Hampton said:

I don't think establishing a sovereign wealth fund during record high market valuations is a good idea. But what do I know?

 

Why would that be a material issue?  Does every SWF, and every professional money manager hold only cash?   Should they all shut down?

[Blake Hampton]

1 minute ago, dwy000 said:

It doesn't have to invest in stocks.  If you're doing something for the next 100 years the current valuations are somewhat moot. 

Weren't these the same people talking about how the governmental bureaucracy is stupid and inefficient?

[Blake Hampton]

Why are we creating a wealth fund when we should really be focusing on the budget? Where is this money going to come from exactly?

[Gregmal]

I think it’s interesting to see government trying to do things differently. I don’t know how there is a single critic in the world complaining about DOGE…yea, reigning in waste…horrible idea. Sovereign fund? IDK let’s explore it. Hard balling tariffs to get border secured…ok…what’s the problem? Already seeing it make some waves.
 

Bottom line is government is broken and a failure. It’s the NY highway problem at the route of what a lot of this is seeking to solve. Ask the NYS officials to build a highway and it takes 3x as long as private sector would’ve, at 3x the cost. Footed by taxpayers whom are already getting robbed. These sorta ideas are a step towards ridding ourselves of that crap. 

[Gregmal]

11 minutes ago, Blake Hampton said:

I don't think establishing a sovereign wealth fund during record high market valuations is a good idea. But what do I know?

 

Never woulda guessed.

[Blake Hampton]

5 minutes ago, dwy000 said:

It doesn't have to invest in stocks.  If you're doing something for the next 100 years the current valuations are somewhat moot. 

What else is it going to invest in? Bitcoin?

[Gregmal]

It’s supply and demand. Another superpower in the market for assets? Guess what happens to the price of assets? 

[Blake Hampton]

2 minutes ago, Gregmal said:

It’s supply and demand. Another superpower in the market for assets? Guess what happens to the price of assets? 

The bubble gets bigger

[Gregmal]

2 minutes ago, Blake Hampton said:

The bubble gets bigger

Your cash on one side, betting against the hourglass, waiting for sovereign nations that can print their own cash…. to leave the game so you can get your 13.5x EPS number….good luck with that. 

[james22]

 

[james22]

 

 

[sholland]

1 hour ago, Vish_ram said:

How and what assets will get added into this fund? 

The government owns warrants for 79.9% of Fannie Mae and Freddie Mac which Ackman estimates could be worth $300B over time.