Dow 40,000

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Well, it took 8 years longer than the author of Dow 40,000 predicted in 1999 . . . but sure enough, Friday: Dow closes above 40,000 for first time ever.

Trump, by contrast, predicted — over and over — that if we elected Joe in 2020, we’d “have a crash like you’ve never seen before.”



And since we’re mixing stocks and politics, I’d remind you that if you’d sold your Berkshire Hathaway at $126,183 a share when Warren Buffett was 82 — the age Joe will be when he wins in November — you would have left an awful lot on the table.

BRKA shares closed at $629,375 Friday.

Warren is 93.

It’s not calisthenics.

It’s judgement — and assembling a great young team beneath you to do most of the work.




trump

Editors Note: This article was originally published on May 1th, 2024 on andrewtobias.com, syndicated with permission.

Andrew Tobias
Andrew Tobias

Andrew Tobias is the author of The Only Investment Guide You’ll Ever Need.

andrewtobias.com/



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