Clarifying events
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Yesterday, there was a brief quip about Einstein by Trump that “no one cares” but if you listen to the clip, I interpret it differently and how I believe the future of investing will be.
So who is Einstein? A scientist who we all know but rarely think about the ramifications of his insight. Do we really in regards to Quantum? to AI?
Charlie Chaplin, my comic hero, summarizes best Einstein’s mojo the one time they met:
“Einstein: ‘What I most admire about your art, is your universality. You don’t say a word, yet the world understands you!’
Chaplin: ‘True. But your glory is even greater! The whole world admires you, even though they don’t understand a word of what you say.’”
What would Einstein and Trump have to say if they ever met?
Lets flash forward to yesterday and we hear that Trump said about Einstein “Nobody cares…”
My impression of watching the clip is something anyone over 75 likes to do, give insight. The Energy? secretary I think was trying to get his facts right and Trump is telling him a truth about oratory…no one cares if its 120 or 140 years… keep it going forward with confidence.
A masterclass on how to speak, let no one confuse you on that.
But taking things out of context and commenting on it is what we do and what the media fuels.
We like a story, an agenda, and things nice and neat. Business isn’t always that copacetic (did I use that word in the right place correctly?) I noticed that when have it the corporate overlords will keep raising prices on you.
So I suspect that EVERYONE will be right in the next market crash. The big name stocks that have gone up 3000% will fall but is it really a market crash?
And the other 99% of stocks may get a bid. So the headlines will get to say fear inducing drama while real participants will be profiting.
Example:
Today, Gold is down but interest rates are down also. But the news claims gold is down due to new Fed chairman’s drive to raise rates.
Is it that easy?
One way to monitor the health of the market is observe two opposites:
Goldman Sachs and Accenture.
Goldman is the banker for all these IPOs and financing of AI and Accenture is the BIG consultant who will lose all of its business thanks to AI and its moat.
If something changes, I’m sure the market will adjust before the news shares it with you.
Just look at both of these long term to see how investors just knew:
By the way ACN has a 10 P/E and 5% Dividend. Is it a classic investment now?
The main question has the moat changed.
When stocks hit value areas can the Barbarians invade or do we have fake news?
Have some value you are itching for others to chime in? Join the chat.
Regards,
Eric
