Applying math or economic theory to trumps actions is futile. We have to understand his shit with psychological motivations, which is tiresome, yup. But yes, let it ride is the chill thing to do
Q @profgalloway.com how would you advise ppl diversify now... without selling or putting new investment only into diversifying? and that misses opportunities to buy low (but which might not be the REAL low) SHRUGSHRUG. The time to sell was before "liberation" day so how should ppl go forward
Monday is a big hanging question mark. Trying to move everything into an annuity asap—or other plan—but get some gain back before converting all my stocks to cash. Also meeting with a finance guru on Monday to explain all my options to me.
i was a finance major in college, I feel like as a whole we’ve started sacrificing basic financial principles such as P/E ratio, etc and are looking at hot trends or ppl such as the latest AI or a Musk run company. No way Teslas valuation is that high. Crash would be bigger than 07/08
You're not wrong, and in the case of Tesla a lot of it is simply religious devotion. In the case of the broader market, it's pretty common for market multiple to cyclically inflate and then contract back to somewhere around 16. Still in the mid-20s, so buckle up for a bit.
Markets love to come up and kick you in the balls when you attempt to guess what happens. The media is over hyping a drop, but buybacks and memes could launch us into an epic bubble. All while jobs and Main Street start to fail due to sudden shifts. The market is not America.
Politics is the business of ideas (worth spreading). I've encourage my longtime friend and successful curator of TED MileHigh (Denver) for a decade... to launch TED Politics. He says Chris A is opposed. Perhaps you can encourage Chris Anderson to green light #TEDPolitics - ideas worth spreading.
Whether we are awoke or we are asleep we need to save our country the woke the red the blue the middle when we have people like Laura loomer deciding our safety and getting people fired because she screwed Donald Trump she needs to be disappeared
I was right about why Trump did these tariffs he wants people to beg he wants to feel the whole world love him if he pulls us out of this he is a sick cruel man
College tour - have fun! You will see the scared plaque on the ground - don't step on it or you get bad luck. And the school mascot (or something similar) - touch it for good luck. Hope the tour includes UCLA - Go Bruins!
Safe travels. Only apply to place your offspring will buy/wear a shirt. Be sure to file with at least one early action (nonbinding) college a kid will attend and probably can get in, so by 3rd week January (latest) the pressure is off. Apply ED if there is a first choice, odds are much better 🍀
This is such a on-off event and is potentially catastrophic. No one knows what to do. A measured reaction might be to reduce equity allocation by 30-50%. When do you get back in? Depends on events / market reaction.
Hey @profgalloway.com, someone on Facebook is claiming to run a Scott Galloway investment club. Is this legit? Given the number of followers I’m thinking no.
College touring with my son as well. What’s been your touring itinerary? What schools do you like for your son? (trying to stay off topic from the obvious)
Wish I had bumped into you on UNC's campus. As an alum and faculty member of each, respectively, I 100% agree with your (well, @karaswisher.bsky.social's) observation at @pivotpod.bsky.social that @umich.edu and UNC Chapel Hill have the happiest, most committed alumni. Go Blue(s)!
Liberal educators took over in 1960s,
spent lots of money, but
employment possibilities changed little.
Top 25% are served well,
middle 50% OK,
bottom 25% are unemployed and living at home.
Pleased consider helping with this US Education strategy.
This is what happens when an EVIL SOULLESS NARCIST is elected!
Destroying 🇺🇸 was his goal!
trump has all the money he ever wanted! he will never care for Americans suffering! Or loosing healthcare! Or losing their jobs! Or loosing their saving for retirement!
Comments
This is the new normal.
https://www.facebook.com/share/192d6yqrdg/?mibextid=wwXIfr
https://bsky.app/profile/saneplanet.bsky.social/post/3lm3wnxobg22h
spent lots of money, but
employment possibilities changed little.
Top 25% are served well,
middle 50% OK,
bottom 25% are unemployed and living at home.
Pleased consider helping with this US Education strategy.
This is what happens when an EVIL SOULLESS NARCIST is elected!
Destroying 🇺🇸 was his goal!
trump has all the money he ever wanted! he will never care for Americans suffering! Or loosing healthcare! Or losing their jobs! Or loosing their saving for retirement!
he is an evil SOB!