The stock market is a voting machine not a weighing machine….
I’m amazed that any investor is buying for the long term. People buying are only propping up trump. There are no fundamentals it has only ever lost money.
So yeah some people speculate on it. Or to prop him up
In other words, Buffett specialized in finding “undervalued” issues on the market. Such opportunities arise occasionally, he says, because in the short run the stock market acts like a “voting machine” (reflecting all kinds of irrational attitudes and expectations), while functioning in the long run more like a “weighing machine” (reflecting a firm’s true value).
The stock market is a voting machine not a weighing machine….
I’m amazed that any investor is buying for the long term. People buying are only propping up trump. There are no fundamentals it has only ever lost money.
So yeah some people speculate on it. Or to prop him up
Run Away!!!
Different take:
https://quoteinvestigator.com/2020/01/09/market/?amp=1
Either way, DJT is a shorting opportunity.