i dont just read lame media and take it as gospel. i read beyond the lame media, and research deeper.
i also ignore lame media that play out an agenda of their own. and its actually a good thing if you do too.. instead of thinking that they are your god for being contrarian
(you might want to research the word contrarian)
funnily enough you think your echo chamber confirmation bias views are that of the popular opinion. yet you hate and despise that i look beyond the echo chamber.. meaning im contrarian to your echo chamber.. but you insult me with your childish behaviour.. kinda hypocritical of you.. right?
you however have shown many instances to just read lame media and quote it like a parrot squawks. you are not contrarian at all, nor do you support contrarian views. you just go along with whats viral/popular even when its wrong
...
anways
my view of economics is as simple as the karate kid painting a fence
"uppp, dowwn, uppp downn"
economy is never stable there are always times of growth and decline
media however scream "inflation" then "recession" both in a project fear manner
well yes expect it (ups and downs) there will always be periods of inflation and recession.. otherwise its just stagflation
its also why i have a huge hoard of BTC but dont panic over the bitcoin ATH and then corrections.. i expect the ups and downs. and i manoeuvre my financial decisions appropriately to the opportunity of both. to me the ATH is an opportunity. as is the correction dip an opportunity
#buy-low:sell-high
whats more important is not the project fear of "OMG ITS GOING UP" "OMG ITS GOING DOWN" making people fear both
but to instead look at the size of the up and down, the speed of the up and down and more importantly what economic sectors are actually going up or down
and even more importantly whom exactly is or was affected by the change
EG
inflation is good for home sellers, but bad for home buyers
food cost inflation is bad for consumers but can be good for farmers/retailers
recession is good for home buyers but bad for home sellers
food cost recession is good for consumers but can be bad for retailers and farmers
so instead of just screaming you are afraid of inflation AND recession because lame media made you afraid. actually learn to do some research into which sectors are going up or down and how it affects you personally and find the opportunity in both
EG if your current situation is wanting to buy your first home. then recession is good for you
EG if you are a farmer wanting to sell your produce and then sell your farm, inflation is good for you
so instead of just squawking like a parrot whatever lame media says which does not attribute its opinion to individuals personal circumstance. actually articulate and research the details by doing research. learn how it will affect you personally. and then have a personal opinion based on how a financial period of inflation or recession would affect you
..
to address your question more precisely
what might be good for warren buffet as a business may be bad for you as his consumer
what might be bad for warren buffet as a business may be good for you as his consumer
so dont just go along with warren buffets fears or excited opinion.. as your financial status and response to recession/inflation may differ to warren buffet
EG (bitcoin economic expert advice of blackrock)
when blackrock wants the BTC market to pump. they make announcements shouting their overly inflated view of 2025's future ATH. but this is because they have already bought and now want the lame media readers to pump the price so that blackrock can sell
they want people to buy whilst blackrock is actually ready to sell
this is why you have to look deeper and do research and not just follow their advise. because their motives and economic position may not match yours
.
EG buffet might liquidate assets he already has because he see's these assets as dropping in price so he might want to exit before the drop. and so what you should be thinking about is.. the price is going down. so it can be a good time to buy in at the upcoming low(its discount).
dont sell at a loss.. instead buy more at a discount
and remember this little nugget of advice
by the time its publicly announced that a stock market is in recession... its already had 6months(2 quarters) of price drops.. so you panic selling after public announcement is too late to then sell due to lame media project fear. instead(as i have said), buy at the discount
..
also your lame media of project fear is trying to quote warren buffet as suggesting people should worry about a big time recession
but lets counter your lame media narrative with a quote from warren himself very recently telling people to calm down, prices go up and down, thats the beauty of stock markets. people need to check and leave their emotions at the door
https://www.youtube.com/watch?v=gyxu-gan3O8