Buffet to Berkshire Shareholders

[errolanderson]

Warren Buffet speaking to Berkshire shareholders recently stated;

Be prepared to lose half your money.
There’s a price to pay for long-term riches.

Who can argue with the financial genius of Mr. Buffet, but is this stock market shakeout ‘the big one’?

[farming101]

The DJIA index left for the stratosphere towards the end of 2016. If it were to continue its current path within the year we could be at 16,000 with NO damage to the long term trend.

Short term this latest drop has been very strong. It looks like 22250 may hold it for a bit

[bucket]

Warren Buffet speaking to Berkshire shareholders recently stated;

Be prepared to lose half your money.
There’s a price to pay for long-term riches.

Who can argue with the financial genius of Mr. Buffet, but is this stock market shakeout ‘the big one’?

Yup and guess whose pocket "your money " went into?

[farmaholic]

Yup and guess whose pocket "your money " went into?

LOL!

The "legal" Bernie Madoff style investment scheme, just kidding.

[bucket]

Sure Warren buffet is a great investor.....just ask him and bill Gates about Canadian railways....fantastic results....as long as you are not held hostage to the canadian railway services.....

[errolanderson]

The DJIA index left for the stratosphere towards the end of 2016. If it were to continue its current path within the year we could be at 16,000 with NO damage to the long term trend.

Short term this latest drop has been very strong. It looks like 22250 may hold it for a bit

farming101. . . can see Dow tech support approaching 22,000 points. If that breaks, financial armagetin.
Central banks are powerless to stop this time around . . . Monday’s market response will be interesting.

Markets will blame Facebook and Trump trade war, but global debt bubble cannot be sustained (IMO).

[SASKFARMER3]

I had two that lost over 12000 in value friday. Kind of sucks i would say.

Hopefully we have some better luck monday or it could be bad.

[errolanderson]

I had two that lost over 12000 in value friday. Kind of sucks i would say.

Hopefully we have some better luck monday or it could be bad.

SF3 — between ‘Stormy’, the prom star and ‘Stormy’, the markets . . . it may be a very difficult week for the leader of the free world.

It’s all about the debt (IMO) . . . Trump just provided a trigger last week.

usdebtclock.org

[brs]

Interesting canada debt to gdp ratio 99%
Usa is 72%
Russia only 12%

[Hopalong]

Errol, interesting that you see debt as biggest threat and trade war as trigger to major depression.
Suggest that increasing debt has gone on for decades and trade threat is a new development.
Still hopeful that more Republican Party leaders will see danger and take action to support trade.

[biglentil]

The Central Bank of Canada and the money printing privilege was handed over to the IMF under Pierre Trudeau in 1971. Its not a Canadian entity anymore folks, and every dollar they print requires interest payable to them. There was a lawsuit filed a few years back by a Canadian constitutional lawyer it was gag ordered to not be covered by mainstream media.

https://youtu.be/9XzTSHlVfyU

Mayer Amschel Rothschild, "Permit me to issue and control the money of a nation, and I care not who makes its laws!"

[ajl]

The trade war is not new has been going on for years. The US president responding to the trade war is new. Why is a free trade with any other nation or bloc (fill in China, the EU etc) other than the US completely irrelevant? It is because nobody has any intention of buying imports unless they absolutely have to. For example the 9% tariff on canola seed entering China or the 50% tariff of pea imports to India. If the leadership and the government fed electorate of Canuckistan had any brains, we would be putting a few tariffs on China and India. That has never happened because we were always able to export most anything we could to the US so it was not necessary. The times they are a changin.

[errolanderson]

China / U.S. trade tensions appear to subside, but not holding up equity gains . . . .

Yesterday's 'dead cat bounce' turns into rout on tech stocks today.
Stock markets appear entering significant correction territory (IMO).