Effectively, it took 8 years longer than the creator of Dow 40,000 predicted in 1999 . . . however certain sufficient, Friday: Dow closes above 40,000 for first time ever.

Trump, against this, predicted — again and again — that if we elected Joe in 2020, we’d “have a crash such as you’ve by no means seen earlier than.”

And since we’re mixing stocks and politics, I’d remind you that if you happen to’d bought your Berkshire Hathaway at $126,183 a share when Warren Buffett was 82 — the age Joe will likely be when he wins in November — you’ll have left an terrible lot on the desk.

BRKA shares closed at $629,375 Friday.

Warren is 93.

It’s not calisthenics.

It’s judgement — and assembling a fantastic younger workforce beneath you to do a lot of the work.

Editors Observe: This text was initially revealed on Might 1th, 2024 on andrewtobias.com, syndicated with permission.

Andrew Tobias

Andrew Tobias is the creator of The Solely Funding Information You’ll Ever Want.

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