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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Ccube who wrote (71360)	10/17/2022 6:20:56 PM
From: Eric Bramble	Respond to of 78777

I watched the video and do not disagree with anything she says. But to me, it does seems too simple, as if everything can be explained. I'll refer to this 30 second clip by Donald Rumsfeld discussing 'known knowns, known unknowns, and unknown unknowns'. Also, I think she's wrong in suggesting that corporate profits should be our main priority. So what if corporations cannot make x% more profit next year, either they adapt to the current events or go broke and get replaced. That's nothing revolutionary. Liquidity and solvency are more important especially when you get that big and her implying corporations cannot have 1 or 2 low profit years is most concerning. Buffett's $30 billion of cash reserves (as a minimum) looks more attractive everyday. I fear consolidation. How many of these big companies will face real issues - other than readjusting to lower profits - like SME's without Big Daddy Government stepping in? Very few. I think Elroy's post was very good. It reminds me of this post from James Clarke roughly 25 years ago Because government bonds have zero risk. - Ccube This list of sovereign defaults says otherwise. and the USA is not immune.