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Warren Buffet on tariffs
Posted on 5/3/25 at 11:42 am
Posted on 5/3/25 at 11:42 am
quote:CNBC
“It’s a big mistake, in my view, when you have seven and a half billion people that don’t like you very well, and you got 300 million that are crowing in some way about how well they’ve done - I don’t think it’s right, and I don’t think it’s wise,” Buffett said. “The United States won. I mean, we have become an incredibly important country, starting from nothing 250 years ago. There’s not been anything like it.”
11
Posted on 5/3/25 at 11:49 am to bigjoe1
Reminds me of something Obama said once:
F both of them.
quote:
“We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK,”
F both of them.
Posted on 5/3/25 at 12:16 pm to bigjoe1
I have hated Buffet for his political involvement for years. frick the EU and frick evey single country that has waged tariff war against the U.S.A. without proper response.
Buffet's often wrong. He's human. He's wrong here. We're adjusting the world's economic playing field and the result will be better for us all.
Buffet's often wrong. He's human. He's wrong here. We're adjusting the world's economic playing field and the result will be better for us all.
This post was edited on 5/3/25 at 12:26 pm
Posted on 5/3/25 at 1:18 pm to bigjoe1
Posted on 5/3/25 at 1:29 pm to bigjoe1
Warren Buffett is the typical liberal weirdo. He has had an open marriage for decades. He lives with his girlfriend now while his wife has her own life. He loves calling for higher taxes. He wants to leave almost nothing to his children. He’s a savvy investor but not a role model in anyway.
Posted on 5/3/25 at 1:53 pm to Drizzt
I liked Charlie not Warren.
Posted on 5/3/25 at 1:59 pm to OTIS2
quote:
Buffet's often wrong. He's human. He's wrong here. We're adjusting the world's economic playing field and the result will be better for us all.
He is the most astute investor of our lifetime. You can certainly disagree with him but I wouldn't discount what he's saying. He's been far more right than wrong over his career.
Posted on 5/3/25 at 2:44 pm to OTIS2
quote:
Buffet's often wrong.
Yeah Michael Jordan would miss basketball shots sometimes too
Posted on 5/3/25 at 3:15 pm to bigjoe1
Buffet has a bias, which is making money. He is going to oppose anything that poses a threat to his mastery of the market. I really don't care what a billionaire thinks about tariffs.
Posted on 5/3/25 at 3:40 pm to Drizzt
quote:
Warren Buffett is the typical liberal weirdo. ... He loves calling for higher taxes. He wants to leave almost nothing to his children. He’s a savvy investor but not a role model in anyway.
Don't duplicate this.
Posted on 5/3/25 at 4:39 pm to Drizzt
quote:
Warren Buffett is the typical liberal weirdo. He has had an open marriage for decades. He lives with his girlfriend now while his wife has her own life. He loves calling for higher taxes. He wants to leave almost nothing to his children. He’s a savvy investor but not a role model in anyway.
Didn't his wife pass away. Pretty sure they separated, he never left the office. He married his current wife like 20 years ago
Taxes have mostly come down in his lifetime.
His kids are billionaires, he has given them over 3b each over a decade ago
Posted on 5/3/25 at 5:58 pm to bigjoe1
quote:
He's been far more right than wrong over his career
In buying companies and/or stocks, yes. Now ask him if he would invest in a company or run a company with the balance sheet of the US Federal Government.
Yeah, we all know the answer.
Posted on 5/3/25 at 6:07 pm to Screaming Viking
quote:
Yeah, we all know the answer.
Yes we do. Berkshire Hathaway is holding in excess of $300 billion in cash and it's parked in U. S. Treasury securities of varying maturity.
Buffet has spoken many times over his career in the importance of the full faith and credit of the of the U.S. government.
Posted on 5/3/25 at 6:32 pm to bigjoe1
quote:
Berkshire Hathaway is holding in excess of $300 billion in cash and it's parked in U. S. Treasury securities of varying maturity. Buffet has spoken many times over his career in the importance of the full faith and credit of the of the U.S. government.
The crypto bros and Flee the US movement will not like that answer…
Posted on 5/3/25 at 6:50 pm to bigjoe1
quote:
“It’s a big mistake, in my view, when you have seven and a half billion people that don’t like you very well
frick your emotions. That is the problem.
Posted on 5/3/25 at 7:13 pm to notsince98
quote:
frick your emotions. That is the problem.
Buffett considered the most patient investor of our time. Emotions not really part of the equation
Posted on 5/3/25 at 8:24 pm to Drizzt
quote:
He wants to leave almost nothing to his children
His children are 66, 70, and 71. He made them wealthy already. They will be OK.
Posted on 5/3/25 at 9:40 pm to bigjoe1
Sounds like incoherent rambling
Posted on 5/3/25 at 9:40 pm to bigjoe1
Screw WBuffet.
Posted on 5/3/25 at 9:44 pm to OTIS2
quote:
Buffet's often wrong. He's human. He's wrong here.
Buffett is one of the greatest investors of all time. Perhaps the GOAT.
He is right way more times than he is wrong. His Economics lens > his Politics lens. Warren Buffett on tariffs is right.
Trump, armed with Economics degree, knows the net cost vs net benefits are upside down. Goes to show Power Economics Trumps Trump’s education.
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