No. of Recommendations: 4
Yeah that currency comment jumped out to me as well. We currently don’t have many rational adults running things in the US IMO, so I wonder about the value of our dollar going forward.
I’m an unsophisticated retired X-car dealer, but my one good idea was to plow almost all our earnings into Berkshire stock over the years instead of buying and building more dealerships like my car dealer friends (they are constantly stressed out). I don’t understand how to hedge against a decline of the USD, and all our investments are currently in Berkshire and US dollars (t-bills, MM accounts).
What to do, if anything?
