• obviouspornalt@lemmynsfw.com
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    6 months ago

    Different take:

    In other words, Buffett specialized in finding “undervalued” issues on the market. Such opportunities arise occasionally, he says, because in the short run the stock market acts like a “voting machine” (reflecting all kinds of irrational attitudes and expectations), while functioning in the long run more like a “weighing machine” (reflecting a firm’s true value).

    https://quoteinvestigator.com/2020/01/09/market/?amp=1

    Either way, DJT is a shorting opportunity.