Warren Buffet is getting rid of his stocks
(files.catbox.moe)
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You are right though, even at "normal" inflation of 2-3% any uninvested money is losing money. I think it's one of two things...
- He feels he's nearing the end of his life, and just to quickly copy-paste from an article "Buffett, 93, plans to give away more than 99% of the fortune he built at Omaha, Nebraska-based Berkshire, which he has run since 1965, with his children serving as executors of his will.". He's cashing out to make sure his wishes are fulfilled rather then his kids "knowing better" and keeping the money in the markets. He wants his legacy to be that he donated X amount, not that his kids fucked up and that amount is 40% lower.
- We're coming up to US elections. Last time when Trump won, USD went WAY up. It could be a forex play and he's betting heavily that Trump will win.
Or who knows. Maybe he's cashing out because he wants a scrooge mcduck-esque vault of gold coins to swim in.
Or I suppose it could be a reaction to the possible introduction of tax on unrealized gains. I didn't read how that tax is supposed to work but it's possible that in his case. I'm not going to purport to be a specialist in that as i'm sure he has an immensely complicated tax structure to pay as little as possible, but it might be cheaper to realize his gains now then pay tax on unrealized gains later, as his unrealized gains might be much larger. It's also possible that he expects the unrealized gains tax to put downward pressure on the market as it would encourage people to sell.
I know. I was asking the question rhetorically, because his actions don't make sense with the sky high inflation rates, unless there were other factors at play.
As for the rest, I agree, and it's difficult to tell what his motivations are. I guess we'll just have to wait and see. It doesn't really change our plans, though. Tribe, train, and prepare as best we can, and espouse the truth to as many as can be convinced.
You might come to the conclusion that he is a crypto jew.
war with who? slavs? chinks? sand niggers? fellow Americans?
>When that happened the markets quickly adjusted and kept pumping
they always have a golden parachute, it doesn't matter if they all crash one day, the ZOG banks will bail them out every time and the american taxpayer will have to shoulder the burden
Everyone. They just want an excuse to kill White man and rape our women and children.
> they always have a golden parachute, it doesn't matter if they all crash one day, the ZOG banks will bail them out every time and the american taxpayer will have to shoulder the burden
This time we are the parachute. The institutions they created to insure us have money just to cover 10% of all accounts. Here's the kicker, we paid for these policies, and we'll pay to bail (((them))) out. A big war is the perfect cover up with martial law to *calm down* the remainder of the masses.
PS: hey fed faggots, this is not real, it's just my fucked up sense of humor.
and if they have to FORCE the draft, maybe... just maybe this will be the spark we'll need to rile up the goy-cattle into using their GUNS for a good cause...
I think you're onto something here.
> ...to rile up the goy-cattle into using their GUNS for a good cause...
Most of them are just gun collectors. Very few have the skills to pull it off. However, hypothetically if they did, it should be asymmetrical combat. Everyone knows the US armed forces suck at it.