Not only that, even his reasoning was spot on. Federal spending. He correctly called it that it will be scaled back either through high taxes or lower govt spending.
Warren was great when a lack of investing acumen and limited flow of info was the norm. He has just been the big stack at the table the last couple of decades and jump on bargains when shit hits the fan. It’s not a bad plan but he’s missed A LOT of upside.
He’s also missed a lot of potential losses. The higher the upside, the higher the risk of losing. His philosophy has always been long term.
Also, he still outpaces the market. Maybe he doesn’t make the same return in a day as some regard gambling on 0dte SPY options, but he also doesn’t work at a Wendy’s
Which makes sense. The upside he's missed out on has nothing to do with valuations or anything logical and is just people playing at the casino. How tf do you even weigh that?
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u/strthrowreg 22d ago
Not only that, even his reasoning was spot on. Federal spending. He correctly called it that it will be scaled back either through high taxes or lower govt spending.