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Belle of the Ranch

Let's talk about predictions from big names in money....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 25 February 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Let's talk about predictions from big names in money....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's bell again.

0:04.7

So today, we're going to talk about Trump getting bad news from investors.

0:10.4

One of the things I've noticed is that when it comes to the economy, some people will watch

0:15.5

what the big names and money do and infer the state of things from that.

0:20.4

A lot of people can look at the Buffett indicator,

0:23.3

see the market is overvalued, then see Buffett's company selling stock and building giant cash

0:29.0

reserves, and put two and two together. They can conclude that Buffett probably believes a

0:35.4

correction is coming, but a lot of people need to hear them say it.

0:40.3

They don't like inferring, and they don't necessarily like commentators explaining it.

0:46.3

They want to hear it straight from the horse's mouth.

0:49.3

But when it comes to the economy, many of the big names don't provide a lot of public statements.

0:55.4

And when they do, they're subtle. As an example, Buffett's company recently released their

1:02.0

annual letter. In it, Buffett offered some advice for Uncle Sam. Quote,

1:08.7

Thank you, Uncle Sam. Someday, your nieces and nephews at Berkshire hope to send you even larger payments than we did in 2024.

1:18.3

Spend it wisely.

1:19.9

Take care of the many who, for no fault of their own, get the short straws in life.

1:25.5

They deserve better.

1:27.1

And never forget that we need you to

1:29.8

maintain a stable currency. And that result requires both wisdom and vigilance on your part.

1:37.6

People familiar with Buffett might tell you this is a message to Trump, basically saying,

1:43.6

hey, your tax cuts for the wealthy, cuts to social

1:47.7

safety nets for those in need, and habit of introducing uncertainty while playing chicken

...

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