Here’s a thought5 Apr 2025 22:49
When Mr Trump was inaugurated billionaire guests included Bezos,Musk,Zuckerberg,Cook and Pichai - amongst the worlds wealthiest capitalists.
I understand they donated huge sums of money to his campaign.
Now ,Mr Trump made no secret of his intention to levy substantial tariffs indeed it was a major component of his election manifesto for months.
The companies that these billionaires founded and have massive holdings in are amongst the worst hit over the last couple of days,their paper losses are absolutely unbelievable in scale.
I do not believe any of them sold their stock in anticipation of him fulfilling his promises.
They are gifted business people with access to economic intelligence of the highest quality.
If they expected the slump to be anything other than temporary then they wouldn’t have supported Mr Trump indeed would have actively supported the Democrats OR would have bailed out months ago.
These are some of the reasons I believe RR and the majority of my portfolio will rebound in weeks ,add to this SMRs ,Ultrafan,huge increases in Defence budgets and I would say the future is pretty damn positive.
God Bless Turbo ( let’s hope he isn’t poached) and all RR workers around the World.