I don't know if I can say this well. But I feel it's worth a try.

I want to thank Manlobbi for permitting the various threads concerning the tariff crisis - and causes - to continue thus far on our BRK board. It can logically be argued that these all belong on the Politic Asylum board. And I have argued so in the past.

What's different this time is that the "Tariff Crisis" - while not really a black swan - can be as significant as was the Covid crisis in terms of impacting Berkshire. And, unfortunately, the PA board is so dominated by the extremes of the left and right arguing that most real "signals" are lost in the "noise" content. You've got to read a lot to get a little - and there's mostly junk mail.

This BRK board differs in that respect. While we have views that are definitely political in nature, they are about subjects that directly impact BRK's primary issue - how and when to invest current cash plus ongoing cash flow. And, given the more reasoned makeup of this board, the "signal" info is not lost in much "noise". We may disagree, but the majority of the opinions are worth a listen.

And so our monitor has seemed to judge so far.

Thanks