Friday, May 31, 2019 12:46:10 AM
Dalian, I don't think I'm missing anything. China has already permanently shifted their soybean imports from the U.S. to Russia and Brazil, amongst other sources. They know how to fight back. Economics is driven by demographics. They will win this war.
Warren Buffet disagrees with you too, and if I recall, he's done quite well for himself over the past few decades, with his vision of the future that most people are incapable of seeing. Sure he's had missed opportunities in Amazon and Apple, but overall his prescience is remarkable.
If I have to choose between siding with you, or siding with Mr. Buffet...well... I'll just leave it there.
Warren Buffet disagrees with you too, and if I recall, he's done quite well for himself over the past few decades, with his vision of the future that most people are incapable of seeing. Sure he's had missed opportunities in Amazon and Apple, but overall his prescience is remarkable.
If I have to choose between siding with you, or siding with Mr. Buffet...well... I'll just leave it there.
"The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly." -- Warren Buffett
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