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In case you missed it... In the FT yesterday... "Slowbalization" and East-West divide in the making... 100% tariffs on EVs, wow.
Or is it just about US refusing globalization on industries they can just not compete?
“If you cannot control your emotions, you cannot control your money.”
— Warren Buffett Andrew Lokenauth | TheFinanceNewsletter.com
As highlighted by Lyn Alden ->
"People often report the nominal amount of cash that Berkshire $BRK.B has, as though Buffett is hoarding cash. You can't just look at the nominal cash level. All of Berkshire's numbers go up. An insurer needs a lot of liquidity. His cash as a % of his assets is in a normal range".
Charlie Munger helped Warren Buffett turn Berkshire Hathaway into one of the most successful companies in the world.
Here's one of his famous quotes... Source: Evan
7 best productivity techniques shared by famous people
Victoria Repa thru @investment books (Dhaval)
“I don’t mind at all under current conditions building the cash position."
"When I look at what’s available in equity markets and the composition of what’s going on in the world, we find it quite attractive." - Warren Buffett
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