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Post by illinoisfisherman on Apr 15, 2024 12:25:56 GMT -5
Is it just a rumor? Or is he looking to invest?
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Post by ferris1248 on Apr 15, 2024 12:36:42 GMT -5
Trump will do anything to try and fleece folks. Most likely a rumor started by Trump himself to try and prop up the price.
From 66 to 26 in 19 days.
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Post by nuevowavo on Apr 15, 2024 12:41:58 GMT -5
Buffett hates Trump. Came out against him in 2016. www.wsj.com/video/buffett-to-trump-have-you-no-sense-of-decency/34EB264A-E1FD-402C-B4C5-A5F629E69FD2Buffett invests in money-making companies. Buffett on Trump: "“The big problem with Donald Trump was he never went right,” Buffett said, adding that Trump’s strategy of heavily borrowing money to finance acquisitions was flawed from the start. According to Buffett, Trump managed to secure loans for properties at prices well above their value, creating a significant disparity between his assets’ actual worth and the debt incurred to acquire them. “He was terrific at borrowing money. If you look at his assets and what he paid for them and what he borrowed to get them, there was never an real equity there,” Buffett said, highlighting the precarious financial foundation on which Trump built his empire. finance.yahoo.com/news/warren-buffett-exposed-reason-trumps-174241835.htmlyThink that sounds like a DJT investor?
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Post by ferris1248 on Apr 15, 2024 12:46:22 GMT -5
Buffet is certainly not a fool.
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hebegb
Junior Member
Posts: 66
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Post by hebegb on Apr 15, 2024 12:47:50 GMT -5
Is he a biden/ WEF/NWO supporter?
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Post by ferris1248 on Apr 15, 2024 13:00:59 GMT -5
"Mr. Buffett was the son of a conservative Republican who served four terms in Congress. While he inherited his father’s sense of fiscal prudence, Mr. Buffett in the 1960s switched his primary allegiance to the Democrats because of their leadership on civil rights. For him, meritocracy is a transcendent value. He abhors discrimination; for not dissimilar reasons, he sneers at trust fund babies for receiving an undeserved head start and has pledged to give an overwhelming majority of his wealth to charity, not to his kids. He also has broken from his father’s small-government credo and often praises American democracy for creating the conditions for prosperity." "But there is a genuine gulf between Mr. Buffett and progressive critics. Mr. Buffett’s liberalism is of the classic Adam Smith variety: Private initiative, properly regulated, leads to social good. That used to be just about everyone’s view, but no more." "Corporate boards are now assembled like political platforms, with consummate attention to satisfying multiple interests. Berkshire chooses directors on the basis of “business savvy” and owner — not “stakeholder” — orientation. In short, Mr. Buffett remains a full-throated believer that boards exist to represent shareholders." www.nytimes.com/2023/05/02/opinion/warren-buffett-berkshire-hathaway-social-governance.html#:~:text=Buffett%20was%20the%20son%20of,meritocracy%20is%20a%20transcendent%20value.
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Post by nuevowavo on Apr 15, 2024 13:03:30 GMT -5
He was a Hilary supporter. Don't know if he's particularly a Biden fan. He can't be happy with the Justice Department coming after Apple.
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Post by johngalt on Apr 15, 2024 16:46:58 GMT -5
I thought he was dead?
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Post by illinoisfisherman on Apr 15, 2024 18:12:03 GMT -5
I don’t know. A sharp investor yes the best.
If Twitter was worth 44 billion do you think he could smell profit in this company?
Profit comes before personal feelings. If he could double his money I’m thinking his dislike of Trump would be put on the back burner.
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Post by cadman on Apr 15, 2024 18:28:26 GMT -5
I don’t know. A sharp investor yes the best. If Twitter was worth 44 billion do you think he could smell profit in this company? Profit comes before personal feelings. If he could double his money I’m thinking his dislike of Trump would be put on the back burner. What's Buffet got to do with Twitter and it wasn't worth $44 billion. There ain't no profit in Trump media except for Trump. Truth Social will be dead within 4 years
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Post by ferris1248 on Apr 16, 2024 6:46:54 GMT -5
I don’t know. A sharp investor yes the best. If Twitter was worth 44 billion do you think he could smell profit in this company? Profit comes before personal feelings. If he could double his money I’m thinking his dislike of Trump would be put on the back burner.B Buffet is not stupid. Nobody is going to make money off of DJT. Heck, they can't even keep a reputable accounting firm. WithumSmith+Brown quit being the auditor for Trump Media just months after being appointed. The firm didn't want to be associated with Donald Trump and his company, per the Financial Times. The accounting firm that was first hired to audit former President Donald Trump's social media company quit just months after it was appointed, the Financial Times reported on Monday. WithumSmith+Brown was appointed to vet Trump Media & Technology Group's financials soon after it was founded in early 2021. But the firm resigned before the end of 2021, the FT reported citing people familiar with the matter. According to the FT's sources, WithumSmith+Brown no longer wanted to be associated with Trump and his company after several months on the job. The accounting firm declined to comment on why it had resigned when approached by the FT. In January 2022, Trump Media instead turned to a smaller accounting firm to conduct the audit, BF Borgers, which has less than stellar record with regulators. The Public Company Accounting Oversight Board said it identified multiple deficiencies in every audit it had reviewed from BF Borgers in the past two years, per Bloomberg. BF Borgers was also removed from the American Institute of Certified Public Accountants' peer review program in November "because the firm was found to be so seriously deficient in its performance that education and remedial, corrective actions are not adequate." www.msn.com/en-us/news/politics/an-accounting-firm-hired-to-vet-truth-social-s-financials-quit-after-less-than-a-year-because-it-no-longer-wanted-to-be-linked-to-trump-ft/ar-BB1lGtqa?ocid=winp1taskbar&cvid=967b83845908493f879802c28b962d13&ei=17
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Post by madm002 on Apr 16, 2024 10:01:01 GMT -5
I do not see any way Warren Buffet is investing in something aligned with Trump. He usually tries to buy undervalued assets. Unless Trump was to assign his complete NIL to Truth Social, which he will not, there is no value in that company.
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Post by PolarsStepdad on Apr 16, 2024 10:09:32 GMT -5
I don’t know. A sharp investor yes the best. If Twitter was worth 44 billion do you think he could smell profit in this company? Profit comes before personal feelings. If he could double his money I’m thinking his dislike of Trump would be put on the back burner. What's Buffet got to do with Twitter and it wasn't worth $44 billion. There ain't no profit in Trump media except for Trump. Truth Social will be dead within 4 years Months. 4 months
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Post by nuevowavo on Apr 16, 2024 15:54:12 GMT -5
Trump Media announced a Truth Social expansion into streaming today. Stock down another 14%.
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Post by Captj on Apr 16, 2024 17:09:09 GMT -5
Pretty consistent with Trumps other business ventures. Pays himself well and screws everybody else. Great leadership qualities. Just wait until Justice looks at where his campaign funds are going - or went.
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