What you're getting at is we need to replace capitalism. Look around you. Capitalism is why the U.S. works. A kinder, gentler form would be nice. But if you want socialism we'll be in an even worse mess eventually.
These Recession Signals are Flashing...
- Thread starter vantexan
- Start date
We were close to $900 billion this year. Up from $350 billion three years ago.
A d it's going to go up
No. America has always been capitalist. In the 50’s, 60’s, 70’s, 80’s, etc. Somehow people were able to afford a middle class lifestyle. Can they still?
I am suggesting that they really can’t. That’s not good for America nor is it good for capitalism. So what can and should change? Should the social programs like social security, Medicare, Obamacare, VA, get out of the way so that capitalism can thrive? Unions be outlawed to even the playing field? Remove all consumer protections?
If we look at quarterly reports, can we really say that the problem we face is restrained capitalism?
ED.Kiss of death for sure…
Up In Smoke
Well-Known Member
Buffet sold most of those holdings in the first 2 quarters of 2023. The 21B he liquidated went into treasuries and he missed out on the 30% move in the markets in the second half of the year. What's 6B anyway.
He is holding cash looking for better deals that are not available right now
Up In Smoke
Well-Known Member
Looks like better deal would have been to stay where they were. But who am I to question them.
He does not trade he looks for good deals
He feels at the market is overpriced right now and he will take the extra interest in bank it until we can find another one
Babagounj
Strength through joy
US office buildings face $117BN debt time bomb as mortgages come due
Owners of office space around the country took out their loans when interest rates were half what they are now, and may not be able to refinance them at higher ones.
- Hundreds of loans on office buildings are about to come due at a very bad time
- Loans were taken out in time of low interest rates and are now hard to refinance
- Too many of the loans defaulting could trigger banking crisis and hurt economy
The anvil is going to fall from the skyUS office buildings face $117BN debt time bomb as mortgages come due
Owners of office space around the country took out their loans when interest rates were half what they are now, and may not be able to refinance them at higher ones.www.dailymail.co.uk
- Hundreds of loans on office buildings are about to come due at a very bad time
- Loans were taken out in time of low interest rates and are now hard to refinance
- Too many of the loans defaulting could trigger banking crisis and hurt economy
Look at the PE ratio on stocks
He isn't right all the time. And there's definitely many strategies for investing.
But I do find it amusing how many people trash talk his decisions when they have a net worth less than a hundredth of a percent of his.
PreTrippin’
Getting drunk and falling down
I don’t know what you guys are talking about my Robinhood is on fire. Dogecoin FTW.
Up In Smoke
Well-Known Member
He uses large scale options contracts to facilitate investment strategies and uses the premiums to buy into new positions. They use the Black-Scholes Model and trades them in the European style option rules.
He's not a billionaire by accident
He uses his cash hoard to come in like a vulture when things are bad
Better safe than sorry!
Here's a tried and true idea. Cut taxes. Then cut government spending where you can. Don't take the increased revenue that cutting taxes brings and go on a spending spree. We're closing in on $35 trillion in debt. We have to stop believing we can have equal outcomes for everyone and throw money away trying to achieve that.
PreTrippin’
Getting drunk and falling down
I want to see 1 quadrillion dollars in debt. It has to end somewhere sheesh.
