Trump's Economic Proposals Are Incoherent

Mitty · Dec 1, 2024

Bluesguy said: ↑

He's doing it because he hasn't been convicted of a felony? You are making no sense.
BTW

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Yes, Warren Buffett has had some investments that went bankrupt, including:
Energy Future Holdings
In 2007, Buffett bought $2.1 billion in bonds from Energy Future Holdings, betting on rising natural gas prices. However, the company went bankrupt in 2014, and Berkshire Hathaway sold the bonds at a loss of $873 million. Buffett later said he miscalculated the gain-loss probabilities and that it's a good idea to get a second opinion before making big decisions.
Dexter Shoe Co.
In 1993, Buffett used Berkshire Hathaway stock worth $433 million in a deal with Dexter Shoe Co., which ended up being a major loss.
Burlington Mills
This textile mill went bankrupt in 2001, suffering from foreign competition and unfunded pension liabilities.
Buffett is considered one of the most successful investors of all time, but he has made mistakes. He has said that some of his biggest mistakes include buying at the wrong price, confusing revenue growth with a successful business, and investing in a company without a sustainable advantage.

Try again. ....
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But has he ever been bankrupted or convicted of a felony like the Mar-a-Lago convicted criminal? And is that why he's treading with caution before the convicted felon is crowned?

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Trump's Economic Proposals Are Incoherent

Mitty Well-Known Member

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Trump's Economic Proposals Are Incoherent

Mitty Well-Known Member

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