Black Monday

[Toddy]

Cancelled my NZ Business Desk subscription today.

Why.
I am already subscribed to NZ Herald premium. The good articles normally end up in the Herald.
I find the majority of articles really generic.
The majority of my investments are now non NZX.

I sort of feel like a bit of an idiot for signing up last year.

Anyway, lesson learned.

Does anyone pay for the Cnbc investment site? I. E the investor articles.

[troyvdh]

OK.
I am on a different planet.
My final comments (for a while).
Trump is nationalist.Nationalism was a significant factor in WW1 and WW2 plus other wars.Hence League of Nations and the United Nations.
Many historians have noted how similar Trumps speechs replicate Hitlers.
Most if not all world leaders openly mock him.
Any comments he makes regarding God have to be taken dubiously.
He openly adores Xi and Putin.
He has in the past stated that publications as NYT and the WP should be shut down.
He is a conspiracy theorist.
Whilst in office he preferred diagrams rather written material.
He would have to be considered the most divisive president in history.
Him in office would be considerably negative to NZ inc.

[jonu]

My replies/thoughts in red

OK.
I am on a different planet. Possibly
My final comments (for a while).
Trump is nationalist. As opposed to a Socialist...I guess so Nationalism was a significant factor in WW1 and WW2 plus other wars.Hence League of Nations and the United Nations. Simplistic view. It ignores the colonial ambitions of in particular Germany and Japan leading into ww1 The Nationalism leading to ww2 a sympton of ww1 outcome
Many historians have noted how similar Trumps speechs replicate Hitlers. Any good speech writer does the same
Most if not all world leaders openly mock him. Not when they are dealing with him
Any comments he makes regarding God have to be taken dubiously. Agreed
He openly adores Xi and Putin. No he doesn't. He does acknowledge their strong points or successes.
He has in the past stated that publications as NYT and the WP should be shut down. With good reason when you take into account the lies they spread about him as to being a Russian asset, how they covered up the Hunter Biden laptop, and how they ran cover over Biden's health issues.
He is a conspiracy theorist. Possibly. But some have been proven right. Cases in point above in reference to the media.
Whilst in office he preferred diagrams rather written material. Didn't know that, but seems a smart way to digest a lot of information
He would have to be considered the most divisive president in history. Possibly. Abe Lincoln might be close behind. Good company.
Him in office would be considerably negative to NZ inc.

How so?

[Daytr]

Alright folks this is a markets thread.
Join the slanging match on the political threads if you want to debate the merits of various politicians.

[ValueNZ]

“In the seventy five years I’ve been investing if I’d reacted to events I’d be out of the market. I never really want to be out of the market. It’s not a question of being out of the market, it’s a question of owning businesses.


If I wanted to own farms, I wouldn’t keep buying and selling them based on some election result. I’d find the best place to own them and get the best tenants I could and that sort of thing. I look at businesses the same way.”


- Warren Buffett

[alokdhir]

“In the seventy five years I’ve been investing if I’d reacted to events I’d be out of the market. I never really want to be out of the market. It’s not a question of being out of the market, it’s a question of owning businesses.


If I wanted to own farms, I wouldn’t keep buying and selling them based on some election result. I’d find the best place to own them and get the best tenants I could and that sort of thing. I look at businesses the same way.”


- Warren Buffett

Is he not happy with Bank of America's business anymore? ...maybe they changing their business model enough to change LT plans

https://www.cnbc.com/2024/07/22/warr...ling%20showed.??