(To be clear, Berkshire could buy <i>any</i> of the bottom 476 companies in the index, not <i>all</i> of them. Also it’s probably closer to 400, because Berkshire has to keep some cash around to pay insurance claims and so on.)
Warren Buffett is the legitimacy canary for any claims related to "bringing manufacturing/heavy industry/etc back to America." If there were any kind of non-bullshit plan to support the deployment of blocks of $10B to $100B on anything other than chips and data centers- which for damn sure we need- he would be first in line. But no. So he gets to sit around, eat his burger and coke, and collect $15B in interest on that cash.
They mention the tariffs as a trigger, but looking at the chart, the massive stock selling seems to spike around the last quarter of 2024. About the time of the election?
I like how the article ends with:<p>Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot.<p>Lol. Absolute scam and the antithesis of what makes Buffet so great. He called out crypto being nonsense a long time back.