Comments by "John Smith" (@JohnSmith-op7ls) on "MHFIN" channel.

It’s why Elon doesn’t care that the paranoia around tariffs are costing him so much money. He knows he’ll make more buying things up cheap plus he can always IPO SpaceX and get all the fanboys to pump it for him
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And yet he missed a chance to profit massively off the 2008 crash. If he knew it was coming, kind of odd that he didn’t profit off it like Michael Burry did
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@ Buffet is in this market too. It’s not like he went to 100% cash
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@ That’s the game Buffet is playing now keeping all this cash on the sidelines. Like I said, if he really knew it was going to happen and when, he would have made that bet. Anyone can say predict a correction or recession is in the future, it’s like predicting there will be war.
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Tariffs are an act of war to some degree? Lol, what? Every country has tariffs and adjusts them. Although it would be nice if citizens saw taxes as an act of war and got rid of them
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@markjamison9677 Buffet is wealthier because he’s like 100 years old and most of his wealth came in the last 15 years just though compound returns. I’m sure if Burry lives another 40+ years he will be in the same net worth range
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Warren Buffet doesn’t issue warnings? Not true at all. After 9/11 he kept claiming that another 9/11 attack was going to happen, that it was inevitable. Oh and this was right after he just happened to start selling terrorism insurance through one of his companies. Shameless
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@davidbrayshaw3529 Lol, a tariff IS an import tax. And income taxes are not needed to run a functional government, despite what the tax embezzling Left tell you. And who cares what most countries do. The US isn’t most countries. The US is by far the largest importer and has by far the largest trade deficit. It’s like telling someone with diabetes it’s fine if they eat a bunch of sugar because “most people” can. The US has a massive trade imbalance and should be using its leverage as the largest buyer in the world to security better deals, not pander to countries like China and Mexico while sending millions of jobs to them
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Warren Buffet doesn’t issue warnings? Not true at all. After 9/11 he kept claiming that another 9/11 attack was going to happen, that it was inevitable. Oh and this was right after he just happened to start selling terrorism insurance through one of his companies. Shameless
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@ Semantics. Buffet has mad many plays that only lasted a handful of years. BYD, Ulta, TSMC, IBM, Barrick Gold. Anyone seeing good returns in a given investment long term is going to keep it long term, that’s not some profound thing. Burry isn’t some day trader looking for instant gains. His bet against the mortgage industry took years to bear fruit.
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Yet he wasn’t able to profit like Burry did. He didn’t really know anything. If he did he would have bet the farm on it
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